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by heneryville
1423 days ago
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Maersk is winding down its operations in Russia, which will ultimately result in a complete exit from the country. All services to and from Russia have been discontinued. It looks like they've largely already pulled out. They wrote off all of their terminals in Q1 and are doing no business there. What's left is permanent business removal. And it hasn't really hurt their revenue. They're globally up 52% over last year. |
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