Russian maritime trade forecast to grow ...News

Arctic shipping has been a priority for the country’s economic development Russian shipping will continue to expand and will reach 29.6 million tons by 2026, marking a 7.3% increase from 2022, according to a report by the Ministry of Economic Development. On Friday, the ministry issued its forecast on the country’s social economic development for 2024-2026. According to the projection, sea cargo turnover is expected to continue rising in the coming years. In 2023, inland freight traffic is predicted to be up by 2.4%, or 119.2 million tons. Russia has been steadily ramping up maritime cargo transportation, particul

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