Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalOOCL Logistics focuses on serving customers with global sourcing and supply-chain-management needs, creating value through innovative end-to-end international logistics programs.
Clean Break: the company completely halting Russian engagements or exiting Russia
Leave WithdrawalOOCL Logistics, which manages a fleet of 70 container ships, including two icebreakers, has stopped shipping dresses, skirts, trousers, shoes and other clothes already paid for from its warehouses in Shanghai and Shenzhen to Vladivostok. The company cites sanctions as the reason for the refusal. Revenue significantly (by more than -70%) decreased in 2024 vs 2023.