# How does the Russian invasion of Ukraine change shipping and freight rates? | Experts’ Opinions DevelopmentAid

> Maersk, CMA CGM and MSC suspended bookings to and from Russia in mid-April as sanctions over the Ukraine invasion. Delo Group's CEO estimates shipments through northwestern Russian ports could fall 90-95% from May without alternatives.

- Date: 2022-05-13 · published 2022-05-13T12:00:00.000Z
- Category: geopolitics · region Russia · magnitude medium
- Page: https://feedsoft.ai/events/41306-how-does-the-russian-invasion-of-ukraine-change-shipping-and-freight-rates
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Container shipping disruption with Russia adds to freight costs and congestion, and reduces Russian trade flows, which tightens the freight outlook globally.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- developmentaid.org: https://www.developmentaid.org/news-stream/post/142729/how-does-the-russian-invasion-of-ukraine-change-shipping-and-freight-rates

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
