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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