MSC retains strong presence in Russian trades

Freight rates to Russia remain highly elevated and new capacity continues to flow into the Russian trade, according to the latest update from Linerlytica. Newcomers Safetrans, Torgmoll/New New, Reel Shipping and OVP Shipping are adding ships to the trade as congestion at the Russian Far East gateways of Vladivostok and Vostochny have generated demand for new services from Asia to the Black Sea and Baltic gateways of Novorossiysk and St Petersburg, the update added.