China’s Covid Outbreak: Supply Chain Disruptions
KEY POINTS Covid restrictions in Chinese tech hub Shenzhen will cause “some disruption” to supply chains, Marvell Technology CEO Matt Murphy told...
Russia-Ukraine War: Update on Supply Chain Issues
KEY POINTS The Russia-Ukraine war is severely disrupting shipping and air freight. Russian forces are cutting off shipping routes, logistics firms...
Hapag-Lloyd Acquires Africa Specialist DAL
Hapag-Lloyd today reported a net profit of $10.75bn for 2021, which was accompanied by news that it will acquire the liner business of compatriot...
US Bans Russian Aircrafts
The United States is closing its airspace to all Russian aircraft as punishment for invading Ukraine, President Joe Biden said in his State of the...
Maersk Suspends Russia Shipments
At A.P. Moller – Maersk, we are deeply concerned by how the crisis keeps escalating in Ukraine. We are closely following the ever-evolving...
MSC Halts Russia Bookings
MSC Mediterranean Shipping Company is introducing as of 1 March, with immediate effect, a temporary stoppage on all cargo bookings to/from...