Two Shipping Lines Suspend Service to Russia's Black Sea Ports
Facing an onslaught of Ukrainian drone attacks, Russian state shipping company Fesco and Turkish regional operator Kalyon have halted all sailings in the Black Sea, putting a stop to a substantial segment of the logistics network for Russian ports in the region. The suspension of Fesco's services is expected to significantly limit Russia's imports of goods from East Asia through Novorossiysk, forcing these cargoes to move overland by rail from the Far East or to pass through St. Petersburg. The...
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