Will the economic and geopolitical situation allow shipping companies to make a profit in 2024?
Will the economic and geopolitical situation allow shipping companies to make a profit in 2024?
The Red Sea crisis was a new challenge for maritime shipping, which begs the question of whether the maritime shipping market will be able to adapt to new circumstances or whether the unstable situation in the Red Sea will push shippers to switch to rail transport.
The Central Asian countries do not have direct access to international seaports, so the development of new railways is of particular significance
Avoiding Kazakhstan has become a Eurasian logistics concern as sanctions measures spread
Shipping continues to navigate COVID-19 post-pandemic trends, the legacies of the 2021–2022 crunch in global supply chains, a softening in the container shipping market and shifts in shipping and trading patterns arising from the conflict in Ukraine.
Global trade is slowing as the Ukraine conflict and its consequences have replaced the pandemic as the leading drag on growth.
As a national leader in technology and partner to global railway associations, Russian Railways (RZD) is implementing international projects focused on sustainable development. Sergey Kobzev, First Deputy General Director and Chief Engineer of RZD, responsible for environmental protection issues, reduction of the carbon footprint and ensuring compliance with international sustainable development standards, explains more.