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The Eurasian railway route is undergoing a fundamental transformation associated with the replacement of lost transit volumes with cargo moving via the China-EAEU-China route. The reorientation of Russia’s trade and economic relations towards the East provides opportunities for the development of the route in this direction.
The July 2024 Ocean Freight Market Update highlights the current trends and developments affecting global shipping, with a specific focus on demand, capacity, rates, and regulatory impacts