Arctic Shipments Blast Russian Port Handling to Highest in Over 2 Years — Panjiva
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Arctic Shipments Blast Russian Port Handling to Highest in Over 2 Years

Corp - Ports 909 Mode - Seaborne 1845 Russia 133

Russia’s ports handled 15% more cargo than a year earlier in May. That was the 14th straight month of growth and the highest since at least 2015. Growth was broad-based, though shipments via Arctic ports led the way with an 87% jump. Overall exports increased 10%, suggesting the 18% rise in the value of Russia’s exports seen in April could continue. Shipments to the U.S., including steel manufacturers TMK and Evraz, underperformed with an 11% drop.

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