Myanmar Seeing Shipping Disruptions Due to Coup
Hapag-Lloyd suspended cargo bookings into Myanmar following the country’s military-led coup earlier this month (see 2102110020). The German shipping company said the situation in the country is becoming “more and more tense,” its terminals are “close to full capacity” and road transportation is restricted. “With that, Hapag-Lloyd have taken the decision to temporarily suspend any Import bookings into Myanmar with immediate effect,” the company said Feb. 19. The company plans to deliver shipments that were “already on the water” but said traders should expect delays.
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Other shipping lines may also suspend bookings. Maersk is accepting bookings but said port conditions continue to “deteriorate,” The Loadstar reported Feb. 24. Forwarders and shippers are also having difficulties processing customs documents, the report said, and many warehouses and freight stations are operating with only 20% to 50% of their normal workforce.