Russia’s Federal Agency for Fisheries (Rosrybolovstvo) has launched a major research initiative aimed at studying marine biology resources along the coast of 18 African countries in the Indian and Atlantic Oceans. A ceremony to launch the expedition took place on Wednesday (August 22) at the marine fishing port in Kaliningrad, Russia, and was attended Russian […]
Russian presidential aide Nikolai Patrushev, who oversees the country’s national maritime policy, has stated that the Arctic ports of Murmansk, Arkhangelsk, Dikson, Tiksi and Pevek are the priority developments to allow the Northern Sea Route (NSR) to become one of Russia’s main transport arteries. This needs to be carried out in conjunction with the development
Russia To Prioritise Development Of Five Arctic Ports & Three Connecting Rivers Read More »
Russia’s FESCO Transport Group has launched a regular marine service for the delivery of bulk cargoes from Shanghai to St. Petersburg, the company has said. This includes services for the collection of goods from warehouses within a radius of up to 300 km from Shanghai. The first container ship within the framework of the service
FESCO Launches Bulk Cargo Maritime Freight Service from Shanghai to St. Petersburg Read More »
Russian President Vladimir Putin has been visiting Azerbaijan on August 18-19, holding negotiations and discussions with Azerbaijani President, Ilham Aliyev. The talks are designed to address the further development of Russian-Azerbaijani relations of strategic partnership and alliance, as well as current international and regional issues” according to a Kremlin press release. Plans are in place
Russia – Azerbaijan 2024 Bilateral Trade & Development Read More »
Anton Alikhanov, Russia’s Trade & Industry Minister, has stated that the BRICS nations would create a consortium for the construction of aircraft engines, after a meeting between the BRICS countries’ industry ministers. We stated that “We hope that our proposals on creating a consortium in power engineering, in particular, aero engine construction, will be supported.
Free Trade Agreements between the Eurasian Economic Union (EAEU) and Egypt, Indonesia and the United Arab Emirates (UAE), are almost finished, according to Anton Alikhanov, Russia’s Trade & Industry Minister said at a meeting of BRICS industry ministers. “Free trade agreements are a major and efficient mechanism of developing the EAEU’s relations with foreign partners.
Russia’s FESCO Transportation Group is launching the FESCO Intra Asia Service (FIAS) regular line between Vietnam and Malaysia, the company has stated. A 400TEU container ship from the FESCO fleet will operate the line between the Vietnamese port of Ho Chi Minh City and Malaysia’s Port Klang. The ship will depart once a week and
Direct Shipping Introduced Between Vladivostok, Malaysia and Vietnam Read More »
These may be small wins in the overall scheme of Russia’s exports, but its still a lot of crab. Russia exported 9,400 tonnes of crab worth US$177 million to South Korea in H1 2024, according to the All-Russian Association of Fisheries Enterprises, Entrepreneurs and Exporters (VARPE). Although supplies decreased by 20% in physical terms and
Russia Increases Share Of South Korea’s Crab Consumer Market Read More »
The European markets loss of Russia as a consumer market is creating new wealth elsewhere, as illustrated by Russia importing 30,500 tonnes of fish and seafood from Turkiye in H1 2024, a 35% increase from the same period last year, according to the analytical center of the Russian Fish Union. Turkish exports to Russia increased
Russia Purchases 35% More Fish From Turkiye in H1 2024 Read More »
India and Russia are exploring the idea of a benchmark Ruble-Rupee exchange rate to start direct trade using the two currencies, according to Indian media. Top regulators and bankers from both nations are seeking to overcome dollar trade barriers created by Western sanctions against Moscow, and to facilitate more Russian purchases of Indian goods. India
Russia and India Looking At Benchmark Ruble-Rupee Rate To Increase Bilateral Trade Read More »
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