A prominent Russian maritime lawyer said the companies should appeal the decision in the hopes of having the decision overturned.
14 Jan 2016
Maersk Line said it will appeal Russia’s ruling that the container line violated anti-competitive laws, saying that the publishing of general rate increases is legal and key to informing customers.
28 Dec 2015
Russia’s recently commissioned Bronka seaport is positioned to become a major Baltic hub thanks to its depth and proximity to the critical market of St. Petersburg.
23 Dec 2015
Russian regulators won’t levy fines against the five container lines it says colluded on prices in 2012 and 2013 on lanes connecting to Asia until next year.
21 Dec 2015
The government of Russia expects container tonnage hauled by truck to end 2015 down 30 percent from last year because of the country’s economic crisis and ongoing protests by long-haul truckers over a federal transport tax applicable to trucks over 12 tons.
21 Dec 2015
Russia’s AirBridgeCargo Airlines pulled further ahead of its struggling Europe rivals, with traffic soaring 27 percent in November from a year ago despite the deepening economic crisis in its domestic market.
14 Dec 2015
Container traffic at seaports in Russia’s Baltics Basin is slowly recovering from the effects of economic crisis caused by Western sanctions and general uncertainty in Russia’s economy.
01 Dec 2015
Russia and China plan to spend $3 billion to build two rail corridors aimed at encouraging the movement of containerized freight from the northeastern provinces of China to Russia’s Far-East ports.
27 Nov 2015
Russian regulators have initiated administrative proceedings against CMA CGM and Maersk Line after accusing the two container lines of failing to provide documents requested as part of an investigation into alleged collusion.
23 Nov 2015
A new dry port with a capacity of 900,000 twenty-foot-equivalent units will be built in the territory of the Nadezhdinskaya special economic zone in Russia’s Far East Primorye Territory to cope with growing volume.
19 Nov 2015
Russia’s container transportation market is on the verge of consolidation. The country’s two largest, and ailing, container transport providers — container line and terminal operator Fesco and containerized rail provider Transcontainer — plan to merge.