Danish shipping giant Maersk said on Friday that its Venta Maersk container ship called the port of Saint Petersburg, Russia, successfully completing a trial of the Northern Sea Route, The Associated Press reports.
Venta Maersk, one of the company’s new Baltic feeders, embarked on her voyage on 22 August 2018...
A commercial container ship has for the first time successfully navigated the Northern Sea Route of the Arctic Ocean, a route made possible by melting sea ice caused by global warming, ABC News reported this week.
Maersk Line, the world’s biggest container shipping company, said its ship, Venta Maersk, was...
Russia’s Tyumen State University has received a grant to develop a concept of "smart towns" in the country’s Arctic, the University’s press service said on Monday, according to Rossiyskaya Gazeta.
"The University, as a part of an international consortium, has won a grant for a big project "Smart Municipalities in...
A planned Russian high-speed railway line could be cut short due to funding and may not reach its final destination of Kazan in Russia’s Tatarstan, business daily newspaper Kommersant reports.
Construction of the costly project is planned to begin later this year. However, the report says that the railway’s funding...
Russia’s flag carrier Aeroflot has announced its Board of Directors has re-elected Vitaly Savelyev as CEO for a term of five years, ATW reports.
The appointment was approved on 28 August 2018 at a meeting of the Board of Directors chaired by Mikhail Poluboyarinov, pursuant to a Directive from the Russian government,...
Russian technology giant Yandex has begun to test self-driving taxis in Innopolis, a small town built a few years ago to foster education in technology and entrepreneurship, AFN reports.
The company described the tests in a blog post as the first autonomous ride-hailing service in Europe. About 100 residents have...
Russia harasses international shipping in the Sea of Azov and the Kerch Strait, the United States said on Thursday, adding that this is a further example of Moscow’s attempts to “destabilize” Ukraine, VOA News reports.
The State Department accused Russia of impeding hundreds of commercial vessels since April by limiting...
The Russian government has pledged to invest around $40 billion in infrastructure during President Vladimir Putin’s sixth term in office, and authorities are already choosing projects on which to spend the money, Kommersant reports.
According to the business newspaper, projects planned to be financed under the government’s program span all...
Russia’s state-owned United Aircraft Corporation (UAC) has practically completed the process of import substitution in its military segment, the company’s CEO, Yuri Slyusar, told a round-table reviewing the corporation’s activity under sanctions.
"We have practically finished import substitution in the military segment, and in this respect our vulnerability is minimal,"...
The Russian government is considering the use of ports in annexed Crimea as parts of a trade route to Iran through the Caspian region, the country’s Presidential Envoy to Crimea Georgy Muradov told the Izvestya newspaper.
According to the official, several Iranian businessmen have already expressed readiness to develop a...
