A prominent Russian maritime lawyer said the companies should appeal the decision in the hopes of having the decision overturned.
01 Apr 2016
Russian railway monopoly RZD is offering significant discounts to shippers in a bid to remain competitive with over-the-road trucking, which carries the largest share of Russia’s cargo volumes.
31 Mar 2016
The newly built Bronka seaport plans to end Big Port St. Petersburg’s and Ust-Luga’s dominance of Russia’s Baltic Basin through a flexible pricing policy.
30 Mar 2016
The significant decline in Russia’s container traffic as a result of sanctions and an ongoing economic crisis is transforming not only the routes that cargo in Russia takes, but also the underlying dynamics of the country’s shipping business.
28 Mar 2016
Moscow’s share of overland transshipment traffic fell to 35 percent in 2015 from its typical figure of 75 percent, according to Russia’s Ministry of Transport, as the country’s overland logistics network reorients itself away from the country’s capital toward China and the Asia Pacific.
26 Mar 2016
Waberer's International increased revenue to 522.5 million euros last year, but Europe's refugee crisis, coupled with a Russian embargo, made moving truckloads across borders more difficult.
24 Mar 2016
NUTEP, a container terminal in the Novorossiysk seaport, will double its container capacity in the coming years through the building of a new modern berth for mega-ships with capacities of 10,000 twenty-foot-equivalent units, according to Alex Papusha, NUTEP’s director of operations.
21 Mar 2016
DP World has reached an agreement to acquire a 49 percent stake in the NUTEP terminal in Russia’s port of Novorossiysk with the Delo Group of Companies, one of the country’s largest transport groups.
17 Mar 2016
Russia and China have signed an agreement to build a $300 million bridge over the Amur river to link the Russian border city of Blagoveshchensk with Heihe, China, paving the way for truck and containerized rail on the corridor.
15 Mar 2016
The Russian government is preparing to launch the first of two new transportation corridors linking Russia’s Far East ports with China’s northeast provinces by taking steps intended to cut transportation costs by 15 percent.
11 Mar 2016
Global Ports’ container traffic slumped 31 percent and revenue sank 28 percent in 2015 as Russia’s contracting economy and the ruble’s slide continued to take its toll on the nation’s largest port operator.