Russia-Ukraine war: Global shipping titans suspend bookings to, from Russia

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Russia-Ukraine war: Global shipping titans suspend bookings to, from Russia
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Several global shipping giants have suspended bookings to and from Russia amid the country's invasion of Ukraine.

Alba Wheels Up International founder and Chairman Salvatore Stile discusses the U.S. supply chain issues as problems continue to stifle progress.giants have suspended bookings to and from Russia amid the country's invasion of Ukraine., MSC and Hapag-Lloyd all suspended operations in the country this week, as Bloomberg first reported.

Shipping containers sit on the deck of cargo ship One Crane, operated by Ocean Network Express Holdings Ltd., docked at ECT Delta terminal in the Port of Rotterdam, in Rotterdam, Netherlands. "We are deeply concerned by the crisis in Ukraine. We closely follow governments posing new sanctions on Russia, impacting operations from direct & indirect restrictions. New Maersk bookings to/from Russia will be temporarily suspended except food, medical & humanitarian supplies," Maersk said in a Tuesday tweet.

MSC said it is issuing "a temporary stoppage on all cargo bookings to/from Russia, covering all access areas including Baltics, Black Sea and Far East Russia," effective immediately, with the exception of food and humanitarian supplies.

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