SCO & BRICS latest news and insights
By Rhod Mackenzie
The Chinese shipping company Hainan Yangpu New New Shipping (HYNS) is continuing to expand its operations along the Northern Sea Route (NSR). On 8 May, a multilateral agreement was signed in Arkhangelsk regarding the organisation of export-import flights from the Arkhangelsk seap...
Bloomberg reports that, according to its sources, Russian and Chinese diplomats negotiated with one of the political leaders of the Houthis, Mohammed Abdel Salam, in Oman. Yemeni rebels have pledged to permit Russian and Chinese vessels to pass through the Gulf of Aden and the Red Sea. This route, w...
By Rhod Mackenzie
Shipping via the sea lanes forms the backbone of trade corridors between the European Union and China, accounting for 90% of trade. According to Eurostat, imports from China in 2022 amounted to 627 billion euros, and exports amounted to 234 billion euros. The largest importer of...
