Container shipping group Maersk, the world’s second-largest container shipping company that handles a significant share of global trade, on Wednesday said there is sufficient fuel globally but supply is unevenly distributed while adding that they are working to redistribute fuel.
“We are proactively redistributing fuel to ensure vessels can continue to bunker where needed and keep our ocean network running without interruptions," Reuters quoted a spokesperson for the Danish company saying.
In a interview with CNN, Maersk CEO Vincent Clerc said: “We have 10 ships right now that are stuck in the upper Gulf and can’t get out. They’re not going to wait for the Strait to reopen. We will take the cargo either in Yemen or in Jeddah or in other places in the Gulf. And then the ship will go on their way to their next assignment from there."
Follow this live blog for the latest updates on LPG Crisis In India
Previously, Maersk said it has suspended cargo bookings to and from several ports in the West Asia region.
The company on Wednesday said it will no longer accept cargo bookings involving ports in the United Arab Emirates, Iraq, Kuwait, Qatar, Bahrain, most of Oman and two ports in Saudi Arabia, according to a report byBarron’s.
However, the suspension will not apply to shipments of critical food supplies, medicines and other essential goods, which will continue to move through the region.
Also Read:India Deplores Attack On Ship Bound For Kandla In Strait Of Hormuz
Maersk said the decision was part of operational measures aimed at protecting personnel and safeguarding cargo amid the escalating conflict.
“We are taking operational measures to ensure the safety of our personnel, safeguard your cargo and maintain service stability across affected trades in the Middle East," the company said in a statement accessed byBarron’s.
Source: World News in news18.com, World Latest News, World News
