• 2015 December 4

    Anti-Turkey sanctions

    Russia has so far responded to Turkey’s act of hostility with the ban on imports of Turkish goods. In fact, imports from Turkey make a quarter of container flow via the port of Novorossiysk. The implications can affect Arkas, Admiral and CMA lines. Meanwhile, market players are concerned about possible problems for ships flying the flag of Russia or carrying Russian goods to pass the Bosphorus.