Russia’s container market increase by 18% year-on-year
NewsIn 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.
Russia’s powerful steel producers are moving in on the country’s seaports Russian steel maker Evraz Holding has acquired a 60 per cent stake in Nahodkha Commercial Seaport. The move is ostensibly aimed at securing access to its exports to Far East markets on favourable terms. Tiger Securities, based in Australia, retains its 10 per cent share in the port company, pending the outcome of negotiations with Evraz.
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