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LONDON/COPENHAGEN (Reuters) -The world's three biggest container lines on Tuesday temporarily suspended cargo shipments to and from Russia in response to Western sanctions on Moscow following its invasion of Ukraine, in a further blow to trade with the country. 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 temp...

Suspended container shipping means fewer imports of finished goods and electronics.

LONDON/COPENHAGEN (Reuters) -The world's three biggest container lines on Tuesday temporarily suspended cargo shipments to and from Russia in response to Western sanctions on Moscow following its invasion of Ukraine, in a further blow to trade with the country. 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 temp...

Shipping giants steer clear of Russia as Western net tightens

Two of the world biggest container shipping companies-- Maersk and Mediterranean Shipping Company (MSC)-- are halting cargo bookings to and from Russia.