Russian has tapped Vladivostok as the country’s first “free” port, in an attempt to boost the Russian economy besieged by lower oil prices and sanctions from Western countries.
16 Sep 2014
Global Ports, Russia’s largest container terminal operator, reported a jump of 30 percent in profit for the first half of 2014, as favorable ruble-dollar exchange rate movements offset a drop in cargo volumes.
11 Sep 2014
The Kremlin has approved Russian Railways’ financial contribution to an intermodal joint venture with the state railroads of neighboring Belarus and Kazakhstan...
04 Sep 2014
The once buoyant Baltic shipping market faces further declines in cargo volumes as the European Union prepares to tighten economic sanctions against Russia.
01 Sep 2014
Fesco Transportation Group’s revenue and earnings declined in the first half as a weaker rouble and lower ocean freight rates offset higher container volumes.
26 Aug 2014
Tiny, dirt-like egg clusters are waylaying cargo at ports in the United States, delaying thousands of containers for days at a time.
25 Aug 2014
German-Russian business ties were on full display at a reception in St. Petersburg hosted by the Port of Hamburg, where politics was a main theme of discussion.
23 Aug 2014
In the latest instance of drayage-related disruption, violence flared at Ningbo’s Beilun Container Port as thousands of striking truck drivers clashed with riot police and smashed the windshields of trucks crossing a picket line. The past week’s protests brought the world’s sixth-largest container port to a standstill, with carriers reportedly diverting ships.
21 Aug 2014
Thousands of containers of agricultural products heading to Russia are still on the water, in limbo until shippers can find new destinations for their goods.
08 Aug 2014
Troubles in the Pacific Northwest dominated the news this week.
08 Aug 2014
Maersk Line, the world's largest container line, moved on Friday to cease bookings on agricultural goods that are barred from entry into Russia as of Aug. 7.