Companies have had to take costly detours to avoid the violence in Ukraine.
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.
09 Mar 2016
The poor relations between Turkey and Russia have the latter focusing on the active development of the Northern Sea Route through the melting Arctic during the next several years, according to recent statements of Russia’s Deputy Prime Minister Dmitry Rogozin.
04 Mar 2016
Two more rail services carrying cargo overland from Chinese cities to Iran and Russia were launched in February.
03 Mar 2016
Amid the massive protests of long-haul truckers and transport companies, the Russian government has made the unprecedented decision to freeze for several months the planned increase of a controversial highway tariff opponents say could shrink Russia’s domestic transportation market by 30 percent.
02 Mar 2016
Russia’s ports of Vladivostok and St. Petersburg could see a 30 percent increase in container traffic this year, thanks to plans to construct special customs and logistics centers.
25 Feb 2016
Tariffs levied on shipping companies entering Russian seaports may be doubled or increased by two and one half times, which may result in the decline of Russian seaborne container traffic.
24 Feb 2016
The economic crisis in Russia has pulled down container traffic in the country’s Far East and suspended infrastructure projects in the region, according to a recent report from the Far East Marine Research Institute.