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Maersk's Russian port operator books significant dive in container volumes

The shipping group owns 30.75% of port company Global Ports but has put its stake up for sale following Russia’s invasion of Ukraine.

Photo: Global Ports

Russian port operator Global Ports, of which Danish shipping group A.P. Moller-Maersk is still a co-owner, has been impacted by the war in Ukraine, which has entailed a drop in volumes of more than 40% in the second quarter, reports Danish business daily Børsen.

”As a consequence of global and local geopolitical tensions and a considerable reduction in major liner companies’ ships docking at Russian ports, both the Russian container market in the Baltic Sea and the group’s terminals in this region saw a severe drop in throughput of containers, cars and RoRo volumes in Q2 2022, comments Global Ports,” according to the newspaper.

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