Latvia has banned agricultural imports from Russia and Belarus. The Baltic country is the first EU country to go as far as to introduce a total ban on Russian agricultural products. The ban will last until 2025 at the very least. Russia’s neighbouring Baltic country was one of the biggest importers of Russian grain in […]
Category: sanctions
PJSC TransContainer in U.S. sanctions list: “Business continues as usual,” says company
Russian intermodal container operator PJSC TransContainer is included in the latest sanction package published by the U.S. Department of the Treasury. The Russia-based company will no longer be able to conduct business with U.S. entities. PJSC TransContainer’s official statement on the matter underlines that “the company’s operating activities continue as usual,” while its subsidiaries based […]
LTG Cargo runs first cross-Baltic cargo train pilot
Lithuanian rail operator LTG Cargo has run its first continuous pilot train across all Baltic countries. It is the company’s first independently run cargo train traversing all three Baltic states. As Baltic rail operators have faced financial difficulties due to a loss of freight from and to Russia and Belarus, they seek to diversify their […]
Belarus reconstructs railway to St. Petersburg, securing sea export route
Belarus has started reconstructing its railway in the direction of St. Petersburg in Russia. A joint railway project with Russia aims to secure an export route through the port of the Russian city for Belarus. The staunch Russian ally has lost alternative routes westward since the start of the Russian invasion of Ukraine. According to […]
Estonian Operail announces full privatisation in order to save itself
Estonian national rail operator Operail has announced a new business strategy that involves full privatisation. The privatisation is a necessary step to find additional financial sources. According to the company, privatisation will also enable the expansion of operations into foreign markets. Operail has been struggling financially after the implementation of sanctions against Russia and Belarus. […]
Russia and China see record rail freight volumes in 2023
Russia and China have reached a new record rail freight volume between the two countries. The total freight volume going through Russia’s Far East border crossings grew by 26 per cent from 2022, amounting to nearly 44 million tonnes. This number includes traffic to and from Mongolia. The total freight volume among all transport modalities […]
Russia grants Belarus 40% rail freight discount
Russia is granting Belarus a discount of up to 40 per cent on rail freight transportation, according to the Belarusian ministry of transport. The two allies have agreed on a discount that applies to the International North-South Transport Corridor (INSTC) routes in Russia, as well as routes leading to the port of Saint Petersburg. The […]