Maersk Line Settles Competition Case with Russia’s FAS

Danish boxship giant Maersk Line has reached an agreement today with the Federal Antimonopoly Service of the Russian Federation (FAS) to settle a competition case regarding Maersk Line and other shipping lines’ use of price announcements to the Russian ma

FESCO Modifies FPKL Container Service

Russia’s FESCO Transportation Group informed it is reducing the overall transit time on the FESCO Petropavlovsk-Kamchatsky Line (FPKL), because of lowering cargo turnaround time in the port of loading (Vladivostok Commercial Sea Port) from eight to four d

Update: Russia Identifies Merchant Ship Hijacked off Benin?

The merchant vessel believed to have been hijacked by pirates some 72 nautical miles off the coast of Cotonou, Benin, could be the 1991-built reefer ship MV Saronic Breeze.