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Maersk announced that it will completely quit from Russia and Belarus

Source:Freight News

The latest news is that Maersk announced that it would stop all its business in Russia and Belarus.


Just now! Big event! Maersk announced that it will completely withdraw from Russia and Belarus! Gradual closure of the Russian Office

2022822


Due to the continuous war in Ukraine, Maersk has previously stopped all ship operations in Russia and services in Belarus. And will gradually close all domestic businesses. Maersk pointed out: "this closure does not allow any new business in Russia and Belarus."



Just now! Big event! Maersk announced that it will completely withdraw from Russia and Belarus! Gradual closure of the Russian Office



The offices in the Russian Far East, novorossisk and Kaliningrad are expected to close in the summer of 2022.



The St. Petersburg and Moscow offices will continue until the end of this year.

The Belarus office will also be closed in the summer.



In the past few months, Maersk's team has been in close contact with customers. For the affected goods, Maersk has tried its best to transport them to the final destination originally planned, or provide customers with destination changes where feasible, legally permissible and reasonable.


Maersk said: we have done our best to exit Russia in a responsible manner. Thank you for your cooperation and understanding.



Just now! Big event! Maersk announced that it will completely withdraw from Russia and Belarus! Gradual closure of the Russian Office



According to sources, Maersk said in a report that the company lost more than $700 million in the first quarter due to its withdrawal from Russia.



On May 4, Maersk released its financial report for the first quarter of 2022. According to the data, the company's various businesses have achieved record performance, with revenue increasing by 55% to US $19.3 billion, EBITDA of US $9.1 billion and free cash flow increasing to US $6 billion. And it is expected that the shipping market will gradually return to normal in the second half of the year!


Although affected by the conflict between Russia and Ukraine, Maersk still achieved the best quarterly performance in the history in the first quarter of 2022! Equivalent to earning 100 million dollars a day