Maersk halts operations in Russia and Belarus

Copenhagen, Denmark - October 13, 2013: Containers from the world largest Container Shipping company Maersk of Denmark.

A.P. Moller – Maersk (Maersk) has stopped all vessel operations in Russia and service with Belarus due to the ongoing conflict.

Domestic operations will be gradually shut down and divested and new business in neither Russia nor Belarus will be allowed.

“The safety and stability of our people remains at the forefront of our minds, and we have worked steadily to ensure that our people are safe,” said Maersk in an advisory.

“We have done our utmost to withdraw from Russia in a responsible way, with our offices in Far East Russia, Novorossiysk and Kaliningrad expected to close down during the summer of 2022.”

“The Saint Petersburg and Moscow office will run until the end of the year. Our Belarus office will also be shut down during the summer.”

The announcement was made on 4 May.

On the same day, Maersk released the Q1 2022 financial results of its Ocean, Logistics and Terminals businesses, posting significant upsurges in revenue.

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