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HomeMongolia NewsRussian firms launch new sea routes to ensure trade with China, other...

Russian firms launch new sea routes to ensure trade with China, other countries

Russian companies have organized regular chartered ships to ensure that much-needed goods such as raw materials can be delivered from Russia to countries such as China and India amid a transport inadequacy due to the continuous disruption posed by the West’s sanctions on Russia, industry insiders told the Global Times on Thursday.

The shipping service lines between Russia and other countries have been insufficient after most international shipping conglomerates, including Maersk, suspended container shipping to Russia over the fear of Western sanctions. China-Europe freight trains, which have been playing a resilient role in sustaining cross-continental trade, are now facing excessive demand, insiders said.

Russian freight forwarder Inteco and Swift Transport Group have jointly created liner operating subsidiaries to offer container shipping services between Vostochny in Russia’s Far East and port cities in China, a person close to…

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