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Russia Gets Cut Off From World Trade as Shippers Halt Cargoes

  • Some top shipping companies will not go to and from Russia
  • That’s threatening Russia’s commodity exports, goods imports
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More Companies Are Cutting Ties With Russia Amid Ukraine War

Almost half of the world’s container ships will no longer go to and from Russia, roiling trade in everything from food and metals to clothes and electronic goods.

Shipping giants A.P Moller-Maersk A/S and MSC Mediterranean Shipping Co. said they’re halting trade in the region, joining Hapag-Lloyd AG and Asia’s Ocean Network Express Pte in stopping services. They’re among the latest in a growing list of companies ceasing business with or exiting Russia following its invasion of Ukraine.