MLT gets finance

Kazakhstan is developing a new trade route from China to Russia via the Irtysh River, with a port and railway planned, aiming for completion by 2026.

Port activities halted entirely on 11th March, encompassing ship loading and unloading as well as container pickup and delivery operations.

Cargo bound for Finland will still be loaded as scheduled, with transhipment in Tallinn, albeit with an additional freight adjustment of EUR 350 per container.

In February of this year alone, Russia’s container market rose by 23.5 per cent year-on-year to 533,000 TEU. The preceding month also saw growth.

The unions emphasize their willingness to suspend the strikes if the Government demonstrates an understanding of employees’ concerns.

While Ukraine has managed to expand throughput via its sea harbours to 75% of pre-war levels, further growth is hindered by reduced production volumes.