Charter flights from Yuzhno-Sakhalinsk to Thailand will resume after a four-year break, as Russia’s Far East tourism reconnects with Southeast Asia. Tour operator Pegas Touristik together with the Russian regional Ikar airline will service the route to Thailand. Flights EO 3629/3630 will be operated on the Yuzhno-Sakhalinsk – Phuket – Yuzhno-Sakhalinsk route. Sakhalin is north […]
The Baikal-Amur Mainline (BAM) railroad is one of the biggest infrastructures of the 20th century and will be further developed to expand Russia’s export and transit capabilities and to raise living standards for Russians living nearby, Russian President Vladimir Putin said on Tuesday (April 23). The BAM is a broad-gauge railway, traversing Eastern Siberia and
Baikal-Amur Rail To Be Developed For Russia’s AsiaPac Markets Read More »
The flow of cargo traffic via the International North-South Transport Corridor (INSTC) may reach up to 60-100 million tonnes in the future, depending on necessity and relevance, Russian Transport Minister Vitaly Savelyev has said. To put that into context, this would be roughly equivalent to 10% of the global tonnage that transited the Suez Canal
INSTC Route Has Potential To Carry 60-100 Million Tonnes Read More »
The Russian container market grew 13% in the first quarter of 2024 compared to the same period last year, to 1.608 million twenty-foot equivalent units (TEU), Russia’s FESCO transport group has said. The figures are indicative of expanding import-export trade. Imports increased 10% to 706,000 TEU, and exports were up 13% to 436,000 TEU. Domestic
African countries have significantly boosted imports from Russia, in signs that the shift to trade development with the global south is having a profound effect on supply chains, trade flows and creating new opportunities. Africa outperformed Russia’s trade partners from the Americas – the United States, Canada, Mexico and Latin America. In 2023, the share
Russia’s Exports to Africa Outstrip Exports to the Americas Read More »
Russia and Azerbaijan have intensified work on the development of different segments of the International North-South Transport Corridor (INSTC), according to Alexander Sitov, the First Deputy Chairman of the Committee on Industrial Policy, Innovation and Trade of St. Petersburg, speaking in Baku. “There are several segments of cooperation with Azerbaijan regarding the activation of the
The Arctic, endowed with significant resource wealth, is envisioned as an advantageous multimodal transportation link that presently enables a connection between the Asia-Pacific and European regions. Legal issues surrounding the Arctic’s jurisdiction provoke contention over rights to these lands, drawing in not just the circumjacent sovereign states but also nations keen on making inroads into
Northern Sea Route To Be A Major Part Of The Belt & Road Initiative Read More »
When Chinese President Xi Jinping announced the Belt and Road Initiative over a decade ago, Russia’s Vladimir Putin was not enthusiastic about the massive infrastructure drive moving into his country’s “backyard”. Moscow saw landlocked former Soviet countries in Central Asia, such as Kazakhstan and Kyrgyzstan, as within its orbit and the belt and road as
Russia Warming To China’s Belt & Road Initiative Projects Read More »
Russia’s Rosatom state nuclear energy corporation expects record volumes of traffic along the Northern Sea Route (NSR) during 2024, CEO Alexei Likhachev said during last weeks ‘Developing the Northern Sea Route: Results for 2023’, and ‘Plans up to 2035’ meetings. Likhachev also said that the volume of transportation currently significantly exceeds the figures for the
Northern Sea Route To See Record Shipping Volumes During 2024 Read More »
The Financial Times has reported that Russia has started supplying oil directly to North Korea in defiance of UN sanctions, further cementing ties between the two countries and dealing a new blow to international efforts to contain Pyongyang. At least five North Korean large oil tankers have travelled this month to collect oil products from
Russia’s Oil Supplies To North Korea Increase As Sanctions Fail Read More »
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