Black, Caspian ports try to lure Asian shippers

Black, Caspian ports try to lure Asian shippers

Asia-to-Southern Europe shippers now have quicker cargo transport options than the traditional Shanghai-to-St. Petersburg route, in Russia’s Novorossiysk port and Ukraine’s Chornomorsk and Odessa ports. In addition, as the latter ports expand and deploy economies of scale, their rates may drop below the traditional route as well.