Page 29 - Ocean Network News Today

Russia's assault on its neighbour, which Moscow says is a "special operation", is the biggest state-to-state invasion in Europe since World War Two. Swiss headquartered MSC, the world's biggest container shipping company by capacity, said in a customer advisory that as of March 1 it had introduced "a temporary stoppage on all cargo bookings to/from Russia, covering all access areas including Baltics, Black Sea and Far East Russia”.

Attempt to scan all Russian transshipment containers creates giant bottleneck in Rotterdam

Some US$ 400 million of top brand cars (Porsche, Bentley, Lamborghini) have been definitively lost when the carrier Felicty Ace with 4,000 units from the Volkswagen Group went down, close to the Portuguese Azores islands, nearly two weeks after a fire broke out in the vessel.

The Russian invasion of Ukraine has rattled global supply chains that are still in disarray from the pandemic, adding to surging costs, prolonged deliveries and other challenges for companies trying to move goods around the world.

The Russian invasion of Ukraine has rattled global supply chains that are still in disarray from the pandemic, adding to surging costs, prolonged deliveries and other challenges for companies trying to move goods around the world.

Companies have taken action to limit, put on hold or exit business activities in Russia following a wave of sanctions imposed after Moscow’s invasion of Ukraine. Below is a list of companies that have announced plans to exit Russia or to curb activities there: AUTOMAKERS Daimler Truck said it would freeze its business activities in ...

The Russian invasion of Ukraine has rattled global supply chains that are still in disarray from the pandemic, adding to surging costs, prolonged deliveries and other challenges for companies trying to move goods around the world.

The Russian invasion of Ukraine has rattled global supply chains that are still in disarray from the pandemic, adding to surging costs, prolonged deliveries and other challenges for companies trying to move goods around the world.

Importers across the world, from London to Warsaw, may soon face higher transport costs and severer delays in shipments as the ongoing conflict between Russia and Ukraine and the escalation of related sanctions are making it increasingly difficult to move goods between Europe and Asia.

Russia’s military incursion is severing key supply chains and setting off a scramble among global companies to comply with new sanctions.