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Maersk latest shipping firm to halt Gulf cargo bookings as Iran conflict pushes up insurance costs
JEDDAH: Danish shipping giant Maersk has suspended cargo bookings to and from several Gulf markets in light of the war in Iran, becoming the latest logistics company to reassess its operations in the region. The firm has halted new business related to the UAE, Kuwait, and Qatar, as well as Iraq, Bahrain, parts of Saudi Arabia and most ports in Oman “until further notice” after a fresh risk assessment. In a statement, Maersk added that “exceptions will be made for critical foodstuff, medicine and other essential goods,” and the measure does not apply to Jordan and Lebanon.
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theguardian.com
Maritime insurers cancel war risk cover in Gulf as Iran conflict disrupts shipping
Strait of Hormuz is effectively closed and vessels rerouted, sending some freight costs surging
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arabnews.com
Maersk latest shipping firm to halt Gulf cargo bookings as Iran conflict pushes up insurance costs
JEDDAH: Danish shipping giant Maersk has suspended cargo bookings to and from several Gulf markets in light of the war in Iran, becoming the latest logistics company to reassess…
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cnbc.com
Maersk, a bellwether for global trade, suspends two key shipping services due to Iran war
The update comes as the Iran war enters its seventh day and the escalating regional conflict continues to disrupt global supply chains.
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upi.com
War prompts Maersk to suspends shipping routes serving Persian Gulf - UPI.com
The widening conflict in the Middle East forced Danish container shipping giant Maersk to halt two key routes linking the region with Europe and Asia.