Shipping firm MSC stops trade with sanctions-hit Russian entities
(Adds further detail)
LONDON, April 17 (Reuters) - Mediterranean Shipping Company
(MSC) has stopped any new trade with Russian entities targeted
by U.S. sanctions, the world’s number two container group said
The United States on April 6 imposed sanctions against
Russian entities and individuals to punish Moscow for its
alleged meddling in the 2016 U.S. election and what the U.S.
Treasury Department dubbed other "malign activity".
"MSC immediately instructed its worldwide agencies not to
engage in any new contracts involving U.S. specially designated
nationals listed under the … Russia sanctions programme," a
spokesman for the Swiss-headquartered firm said.
"MSC is also reviewing current business relationships to see
if any are impacted by these latest amendments, in line with the
timetable set out by the U.S. government."
The world’s largest container group, Maersk Line
, said in a note to customers it would stop
accepting cargo "with a reasonable determined relation" to
blacklisted individuals or entities and would stop accepting
payments made by such entities.
The MSC spokesman declined to comment on any specific
companies or entities affected by its decision to halt new
U.S. President Donald Trump has delayed imposing additional
sanctions on Russia, but the U.S. measures have already had an
Mining group Rio Tinto said it will declare
force majeure on certain customer contracts after U.S. sanctions
were imposed on its partner, Russian aluminium producer Rusal
(Reporting by Jonathan Saul; editing by Louise Heavens and
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