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PUBLISHER: Container News (www.container-news.com)

The Japan International Freight Forwarders Association has announced that in 2021, container trade between South Korea and Russia has been sharply increased, mainly driven by the transportation of auto parts and components, as well as chemical products.

Containers were carried on the so-called Siberia Land Bridge (SLB) owing to shipping space shortages between Asia and Europe, according to JIFFA, while freight rates on the route also surged.

Containers moved from Busan to Vladivostok and Vostochny in January-November jumped nearly 50% from a year earlier to 81,200 TEU.

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