Shipping companies worried about Ukraine crisis

"It's business as usual" in Russia is being replaced by concerns among shipping companies in light of the escalating crisis in the Ukraine. The Maersk Group holds solid cards on the long term, due to the company's Russian network.

Photo: Colourbox

Shipping companies are increasingly concerned about the potential effects the escalating crisis in the Ukraine could have on the relationship between Russia and the West. In light of these developments, several carriers with interests in Russia are set to gather for a meeting at the Danish Shipowners' Association today, Tuesday, with Russia on the agenda.

The Danish maritime cluster has a broad range of interests in Russia, all of which more or less fall within the areas that Russia is specifically betting on these years. These are shipping, ports and infrastructure, and energy, where Russia plans to boost the country's oil and gas exploration efforts in the Arctic region.

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