Companies have had to take costly detours to avoid the violence in Ukraine.
19 Feb 2016
The transit time for containers between Russia and India will be reduced by half thanks to a recent agreement between the countries to launch a new multimodal container route.
17 Feb 2016
The Bronka and Ust-Luga seaports are expected to become the new container hubs of northwest Russia due to Russian Federal Customs Service plans to cease servicing export-import cargo on site at Big Port St. Petersburg.
16 Feb 2016
Russia plans to later this month ask the International Maritime Organization to delay the container weight mandate by one year to July 1, 2017, even as it continues to prepare for the global rule. Any country that is a signatory to the Safety of Life at Sea convention, under which the verified gross mass mandate draws authority, may delay implementation as long as they formally request an extension from the IMO before the July 1 implementation.
15 Feb 2016
Ukraine and Russia have blocked each other from trucking containers across each other in a tit-for-tat fight over the annexation of the Crimean Peninsula, further impeding trade with the European Union after Poland blocked Russian trucks earlier this month.
12 Feb 2016
Big Port of St. Petersburg, Russia’s busiest seaport in terms of container traffic, posted a 27.8 percent year-over-year decline in container throughput for 2015 but is planning to regain its lead in the market in the coming years.
08 Feb 2016
Russia’s First Deputy Prime Minister Igor Shuvalov has issued an order to the Russian Federal Customs Service to significantly streamline customs clearance procedures with the aim of speeding cargo handling at Russia’s borders and seaports.
03 Feb 2016
The precipitous drop in Russia’s container traffic last year due to its slowing economy and Western sanctions has created a shortage of containers estimated at 400,000 for Moscow shipping companies, and it could continue to grow.
01 Feb 2016
Shippers moving goods between the EU and Russia are poised to see their trucking costs rise because of the expiration of an agreement that allowed Polish freight operators to haul cargo to Russia.
29 Jan 2016
China may subsidize up to 50 percent of the containerized rail traffic between it and Russia, according to recent statements from Sergei Kopiev, chairman of Yuzhno Uralsky, one of Russia’s largest transport and logistics operators.
27 Jan 2016
Russia’s imports may increase significantly this year because of further devaluation of the ruble, making Russian goods more competitive in the global market, according to recent statements from the Russian Association of Commercial Seaports and analysts of the Russian Ministry of Transport.