Page 126 - RusRPTDec22

end of this year, head of the Russian Federal Agency of Maritime and River Transport told reporters in November. The cargo turnover of Russian seaports contracted by 0.1% in January - October 2022 against the like period of the last year to 694.55mn metric tonnes.
Container shipping costs are down nearly 80% from a year ago and back to pre-crisis levels.
Russia owns around 82 vessels out of the 7,200 that transport oil worldwide; the G7 and allies own about 4,700 vessels. To redirect to the East/Global South, Russia would need increase the number of its tankers by roughly 4 times. Some EU shipowners will have to sell tankers if they are not allowed to transport Russian crude. And Chinese shipowners will buy those vessels to carry Russian crude.
Russia risks facing a shortage of icebreakers by 2030 unless it replaces the old fleet, Deputy Chairman of the Security Council Dmitry Medvedev said on Friday. "Half of the grouping controlled by the Rosatom corporation consists of the same vessels built under previous technologies, which had been quite up-to-date for a certain period. But now, of course, that is no longer the case and their service life has been repeatedly extended," Medvedev pointed out. "By 2026-2027, these icebreakers will have reached the end of their service life. Unless these are replaced by up-to-date, newly-designed vessels - and such projects are known to be in place and they are being implemented - then there is a risk of having an icebreaker capacity deficit by 2030," he warned.
126 RUSSIA Country Report December 2022 www.intellinews.com