The current situation between Ukraine and Russia is impacting everyone. This is a tragedy that will, first and foremost, cause great human suffering for Ukraine and the Ukrainian people. Recent days have brought decisions which among others are directly influencing international trade and global logistics.
Air traffic sees multiple restrictions. European Union has decided to ban all Russian-registered, Russian-owned or Russian-controlled aircraft from EU airspace. This means that mentioned aircraft cannot take off, land or overfly the territory of the EU.
An increasing number of EU air carriers are banned by Russian Federation or have chosen to avoid Russian airspace, which results in longer routings, extended transit times and higher costs between Asia and Europe.
Numerous sanctions have been established, which are impacting trade with partners in Russia and Belarus. Shipments with origin or destination in Russia or Belarus have restricted options.
During these hesitant times, changes can occur within hours. That’s why we are closely monitoring the situation and will report if there should be any changes or disruptions in our services. This is to ensure as smooth service as possible.
More news to come in the upcoming days.
Need advice? – Feel free to get in touch and let’s discuss how we can help your business.