Category: sanctions

Latvian petition against manganese ore export to Russia gaining momentum

A petition to ban the export of manganese ore to Russia is picking up the pace in Latvia. The public initiative gathered a third of the required signatures for a parliamentary debate in a single week. The Latvian rail sector has suffered from sanctions on Russia, but public opinion is heavily in favour of them.…

FESCO signs rail agreements with 5 Chinese logistics companies

Russian logistics company FESCO has signed agreements with five Chinese logistics companies. The agreements, by and large, concern rail freight. FESCO has entered into agreements with five Chinese logistics companies. The Russian company signed an agreement with Weisa International Logistics Group, in which the two companies agree to work together for rail freight optimisation on…

Shortages delay and suspend nearly 50,000 trains in Russia

Russian rail maintenance companies are struggling to acquire enough spare parts to service locomotives. They also face a shortage of highly educated staff. As a result, Russian Railways (RZD) has had to suspend or delay almost 50,000 trains throughout 2023. In comparison to 2022, the amount of delayed or suspended trains due to a lack…

Shortages delay and suspend nearly 50,000 trains in Russia

Russian rail maintenance companies are struggling to acquire enough spare parts to service locomotives. They also face a shortage of highly educated staff. As a result, Russian Railways (RZD) has had to suspend or delay almost 50,000 trains throughout 2023. In comparison to 2022, the amount of delayed or suspended trains due to a lack…

Russia considers giving priority to oil and gas on its railway network

The Russian government is considering giving priority to oil and gas on its railway network in its Far Eastern region. Earlier, Russian oil and gas companies reported regular refusals for transportation of their products from rail operators. As oil and gas are essential commodities for Russia’s economy, the government is now considering giving them priority […]

Russia profits from Red Sea crisis, sees rail freight to Europe grow

Russian Railways (RZD) is benefitting from the ongoing crisis in the Red Sea, according to a number of European logistics companies. As maritime shippers have diverted their routes, logistics companies are getting more and more requests to transit goods through Russia as a quicker and cheaper alternative. Yemen’s Houthi rebels continue to attack ships passing […]

Russia hoping to use INSTC to evade sanctions, says think tank

According to the US-based think tank The Jamestown Foundation, Russia hopes to use the International North-South Transport Corridor (INSTC) as a way to evade Western sanctions. The development of the corridor allows Russia to gain more open access to non-Western markets. Those could provide Russia with much-needed goods for its war economy. The INSTC is […]