Index-linked agreements: 'shippers have to have the stomach for them'
Shippers pondering the pros and cons of index-linked agreements (ILAs) “have to have the stomach ...
Maersk told The Loadstar today it would join other shipping lines and suspend new bookings to and from Russia.
A spokesperson said the ban would begin “possibly today, possibly tomorrow”, but would depend on arranging plans for shipments already booked which were not in breach of EU sanctions against Russia.
“We are also keen to stress that there will be three exceptions – food, medical and humanitarian supplies,” added the spokesperson. “The exceptions underline Maersk’s commitment to its social responsibilities.
“Regarding the suspension, we do ...
Keep our news independent, by supporting The Loadstar
Spot rates on transpacific surge after news of tariff time-out
Shippers should check out the 'small print' in China-US tariff cuts
'Cargo collision' expected as transpacific capacity tightens and rates rise
Houthis declare blockade of port of Haifa – 'vessels calling will be targets'
European port congestion now at five-to-six days, and getting worse
Another CMA CGM vessel heading for Suez Canal – 'to mitigate schedule delay'
Comment on this article
Daniel Pettersson
March 01, 2022 at 4:43 pmDPDHL has also suspended everything to and via Russia as of this morning.