Belarus companies to operate Russia’s Bronka port?

Sanctions against Russia all but halted container trades linking Russia’s Baltic and Black Sea ports with Europe, so FESCO has created new links with friendly or “agnostic” countries

CMA CGM, the world’s third largest transport and logistics operator, has sold its 50% stake in Logoper, a top 5 Russian container carrier, for €1

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

The Russian government has agreed to the transfer of its 100% shareholding in Fenix, the developer and operator of St Petersburg’s outer harbour of Bronka, to NKK Logistic, a domestic rail freight operator

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

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