Russia’s FESCO Creating An Alliance With UAE’s Largest Port Operator
Russia’s FESCO Transportation Group and the UAE’s DP World are creating a logistics and shipping alliance that will dwarf all the largest global operators such as Maersk and will develop both the Northern Sea Route as well as look at further developing Middle East-Asia-Central Asia-Russia trade dynamics. The move comes as sanctions and conflicts disrupt traditional routes and will secure Eurasian trade in the longer term.
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