Sanctions fail to stem Russia’s outbound seaborne trade

Reported by: Bridget Diakun RUSSIA’s outbound seaborne trade remains stable despite successive waves of sanctions levelled against Moscow by the European Union, US and UK. According to Lloyd’s List Intelligence data there were approximately 2,064 vessel departures from Russia to foreign ports in August compared with 2,109 in July. While outbound sailings dropped 10% in response to […]