sanctions - VibeWire Magazine

Estonian Operail announces full privatisation in order to save itself

Guest authors
February 20, 2024
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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

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February 19, 2024
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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 […]

Why Russia’s Once-Touted Sukhoi Superjet 100 Faces An Uncertain Future

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February 19, 2024
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The SJ100 is undergoing Russification, but its production remains in limbo, and its future is uncertain.

How Have Sanctions Impacted Iranian Aviation Over The Years?

Guest authors
February 16, 2024
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Iranian airlines have faced significant challenges for the past four decades.

How Have Sanctions Impacted Iranian Aviation Over The Years?

Guest authors
February 16, 2024
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Iranian airlines have faced significant challenges for the past four decades.

Russia grants Belarus 40% rail freight discount

Guest authors
February 12, 2024
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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 […]

Grounded Venezuelan Boeing 747 In Argentina Set To Be Taken By The US In The Coming Days

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February 12, 2024
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The United States Marshal Service will reprocess a Emtrasur 747 held in Argentina by Monday.

Sanctions cause locomotive shortage in Russia

Guest authors
February 7, 2024
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Russian Railways (RZD) is facing a shortage of locomotives. The shortage is reportedly caused by a lack of importable spare parts due to Western sanctions. The situation has become particularly problematic in the fourth quarter of 2023. The locomotive shortage came to light in a statistics report by RZD, according to Russian publication Vedomosti. A […]

Moldovan Firms Brokered $15 Million Worth Of Aircraft Parts To Russia Despite Sanctions

Guest authors
February 3, 2024
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Sanctions by the West were imposed in 2022 following Russia’s invasion of Ukraine.

LTG Cargo sees freight volumes defy expectations amid sanction struggles

Guest authors
January 30, 2024
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Lithuanian rail freight operator LTG Cargo transported 27.2 million tonnes of freight in 2023. Total volumes exceeded expectations by 2.5 million tonnes. In the difficult business environment following sanctions on neighbouring Russia and Belarus, LTG Cargo did not foresee such volumes. According to the company, the sector has seen turbulent years due to the implementation […]