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Russia – Ukraine Crisis: Impact on Global Shipping

European Union’s ports ban Russian vessels

The European Commission (EC) has announced a ban on Russian vessels and Russian-operated ships from accessing European Union (EU) ports. EC said there will be...

Cargo ship sinks in Mariupol after Russian shelling

Ukrainian authorities have said that a general cargo ship is sinking in the port of Mariupol, Ukraine, after Russian forces shelled it earlier today...

UNCTAD: “Ukraine war cuts global growth prospects by 1%”

United Nations Conference on Trade and Development (UNCTAD) has warned that global economic growth will decrease to 2.6% from 3.6% for 2022 due to...

Kuehne+Nagel to provide transport and storage aid in Ukraine

The German transport and logistics group Kuehne+Nagel Group will offer emergency aid in Ukraine, in the form of free logistics services to aid organisations...

CMA CGM Group delivers emergency humanitarian aid to Ukraine

CMA CGM Group, through its Foundation that supports local community and humanitarian projects, has made a large-scale operation, coordinated by the Crisis and Support...

COSCO continues trading with Russia unlike other major container lines

The vast majority of the global container shipping companies have temporarily halted their cargo bookings to and from Russia due to Putin's invasion of...

Geodis to offer humanitarian aid in Ukraine

The transport and logistics provider Geodis will offer humanitarian help to the people of Ukraine through the mobilisation of the group's logistics capabilities for...

Swedish dockworkers refuse to handle Russian vessels and cargo

The Swedish Dockworkers Union (SDU) has given notice to Ports of Sweden about upcoming industrial action against ships going to and from Russia as...

India plans to use Chabahar, Qingdao, Georgia ports to ship cargo to CIS countries

India is searching for alternative routes, bypassing the war blocked Black Sea route, to send its annual US$4.5 billion-worth exports to the Commonwealth of...

From ships to boxes, India focuses on manufacturing

Following the Indian government’s initiative of ‘Atmanirbhar (self-reliant) Bharat’, Kolkata-based engineering firm Braithwaite & Co. Ltd (BCL) has earmarked US$6.5 million as capital expenditure...

Bunker prices show signs of decrease

The progress in Russia-Ukrainian talks eased concerns of a possible shortage on the bunker market and pushed the prices down during the 11th week...

Equipment shortage flares up in Bangladesh amid Chinese lockdown and Russian war

As an impact of the Chinese New Year linked import slowdown from China, followed by the latest Covid connected lockdown in various Chinese provinces,...

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