Latest updates, insights, and analysis.
Russia’s container turnover in its Arctic basin ports increased by 8.2% year-on-year compared to November 2024. According to the industry watchdog PORTSTAT, 97.4% of Russia’s Arctic-based containers moved in coastal trade, which also grew by 6%. The data confirms the increasing use of Russia’s Arctic ports and Northern Sea Route traffic. Imports of Arctic-bound containers […]
Russia’s FESCO transportation group is demonstrating its long voyage polar capabilities with the Vasily Golovnin diesel-electric ship undertaking its latest voyage to Antarctica to supply the Indian Antarctic stations Bharati and Maitri, delivering fuel, food, and specialized equipment. FESCO has a contract with the Indian side to maintain deliveries and confirms the company’s role as […]
An Islamic bank may open for services in Russia in 2026, according to Anatoly Aksakov, the head of the State Duma Committee on the Financial Market and chairman of the council of the Association of Banks of Russia. He stated that “We are now actively working on creating an Islamic bank in Russia. We are […]
The Chinese Ambassador to Russia, Zhang Hanhui, has been interviewed in Russian media, commenting on numerous bilateral issues, including the joint development of hi-tech products, cross-border finance, joint aircraft manufacturing, tourism, and the prospects of a joint lunar base. This is what he had to say: Q: “Russian-Chinese cooperation has broad prospects in the field […]
Georgia’s Mtskheta–Stepantsminda–Lars Highway, also known as the Military Road, is undergoing a large-scale modernization, including a 27 km high-speed section and numerous new bridges. The Georgian government is spending about 1.2 billion lari (US$450 million) in upgrades, which includes the construction of the longest arch bridge in the country and a strategically important tunnel, with […]
Russian Vice-Prime Minister Vitaly Savelyev has stated that work on the proposed Northern Latitudinal Railway (NLR) is to be suspended for three years. The financing required, estimated at ₽800 billion (US$10.2 billion) has not yet been arranged, while the implementation deadlines and needs for the project have already shifted. A pause will allow the development […]
The 3rd Meet Global MICE Congress (MGMC) 2025 took place on December 17–18 in Moscow, under the theme “Unity through Open Diversity: New Opportunities for Global Growth”, It showcases that Russia is positioning itself as a central node in the evolving architecture of Global South trade, investment flows, and business mobility, with the theme underscoring […]
Direct flights between Vladivostok and Macau have begun, in a new service operated by Cambodian Airlines. Flights operate three times a week (Mondays, Wednesdays, and Fridays) using an Airbus A320neo. The approximate flight time is 5 hours. Macau is a Special Administrative Region of China, and is well known as a centre for gambling and […]
Sberbank has conducted a pilot loan secured by cryptocurrency mined by Russia’s Intelion Data, the bank has said. Sberbank used its own Rutoken cryptocurrency storage solution in the transaction, which guarantees the asset’s safety during the loan period. Intelion is an active participant in formulating the regulations and development guidelines for Russia’s industrial crypto mining […]
The Russian Academy for the Development of Subtropical Agriculture has produced its first crop of papaya fruits from its experimental greenhouses, according to Andrei Platonov, the academy’s general director. Platonov said that “in the academy’s first greenhouse, in Abkhazia, active papaya fruiting is currently taking place. As part of an international project, the academy has […]
Russia is expected to break the record for exports of its plant-based beverages in 2025, the Agroexport Federal Center has said. More than 4,300 tonnes of plant-based beverages were supplied to foreign markets in 9M 2025, up 12% year-on-year. Export revenue increased 21% to almost US$5 million, suggesting a 2025 total annual export value of […]
Supplies of Russian gas to consumers in Central Asia (Kazakhstan, Uzbekistan, and Kyrgyzstan) grew 20% in 2025, according to Alexei Miller, the Gazprom Management Board Chairman. He was speaking when summing up preliminary results for the year. Miller stated that Gazprom continues to develop its cooperation with Central Asian countries. An agreement was signed to […]
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