Sanctions ‣ WorldCargo News

FESCO creates new deepsea links

News27 Jun 2023

Sanctions against Russia all but halted container trades linking Russia’s Baltic and Black Sea ports with Europe, so FESCO has created new...

CMA CGM divests Russian asset

News21 Apr 2023

CMA CGM, the world’s third largest transport and logistics operator, has sold its 50% stake in Logoper, a top 5 Russian container carrier,...

FESCO expands fleet to provide deepsea services

News28 Mar 2023

Russia’s FESCO Transportation Group has increased the number of ships it operates to 24 under its fleet expansion and upgrading programme...

GPI to re-domicile and terminate GDR programme

News17 Mar 2023

The war waged by the Kremlin in Ukraine has led to increasing self-isolation of Russia’s state-run and private businesses...

Belarus companies to operate Russia’s Bronka port?

News17 Mar 2023

Belarus wants to take over the multipurpose cargo terminal at Bronka, Russia’s newest port facility, located within the boundary of the Bi...

Maersk almost fully extricated from Russia

News15 Mar 2023

Having decided to exit Russia’s port sector following Moscow’s invasion of Ukraine last year, AP Møller-Maersk has now divested itself ...

Russia’s Baltic operators look for new market niches

News20 Feb 2023

Locally-based freight forwarders and port operators are finding new trade partners and cargo flows to compensate for lost European business...

Rail Cargo Group expands global presence

News27 Jan 2023

Rail Cargo Group (RCG), the freight arm of Austrian Federal Railways (ÖBB), has set up susbsidiary companies in Shanghai and Belgrade...

FESCO eyeing Novorossiysk-Alexandria service

News15 Dec 2022

Russia’s FESCO Transportation Group is planning to connect the country’s Black Sea port of Novorossiysk with Egypt’s Alexandria, aimed...

Spanning the Amur by rail

News21 Nov 2022

After numerous postponements, Moscow has finally completed construction of its segment of the first ever railway bridge over the river of Am...

Russia’s 3PL operators expand multimodal services

News16 Nov 2022

Russian shippers have been looking for alternative markets and, hence, new transport routes and logistics chains since Baltic trades collaps...

VTG pulls out of Russia

News4 Nov 2022

In the context of the war against Ukraine and the sanctions imposed on Russia in response, VTG AG has decided to discontinue its Russian bus...

Severstal sells stevedoring company

News22 Sep 2022

Severstal, one of Russia’s largest vertically integrated steel and mining groups, has sold Neva-Metal, its stevedoring company in the Port...

Russia looks to Turkey for shipping routes

News19 May 2022

Having lost most of its maritime links with European countries, Moscow has been developing its ties with Turkey. A new sea route has been op...

Moscow acts to prevent “decontainerisation”

News17 May 2022

International economic sanctions against Moscow and subsequent boycotts of Russia’s seaports by global container carriers may lead to an a...

Sanctions against Russia

News25 Mar 2022

Capital goods such as cranes and other handling equipment for ports are currently not covered by EU sanctions...