Shipping lines start to give Myanmar a miss as protests impact supply chains
Shipping lines have begun suspending cargo bookings into Myanmar. A nationwide general strike took place yesterday, ...
And Maersk chief executive Soren Skou means that literally, as well as figuratively. In an interview with the BBC, he reiterates a company calculation that its investments into decarbonising shipping would mean a western consumer paying around an extra $0.06 for a pair of “sneakers” from Vietnam. Aggregated across the shipping giant’s millions of shipments, this increase ought to cover the cost of greener fuels – Maersk currently spends around $4bn on fuel a year, and Mr Skou said it would need to double that to go carbon-free.
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