While the world was busy watching Trump’s tantrums and Iran’s rebuttals over the Strait of Hormuz, the India-Russia RELOS (Reciprocal Exchange of Logistics Support) pact, which allowed the deployment of troops, warships, and aircraft in each other’s territory even in conflict scenarios, came into force. The details of the pact appeared on Russia‘s official legalContinue reading “Unique of its kind – RELOS Extends Indo-Russian Relations to Next Strategic Level “
Category Archives: Maritime Trade & Shipping
Tanker Fleets Dominated by the West – Time for Russia and India to have their Own
USA led Western economic sanctions after the beginning of the Ukraine War included limiting Russian crude oil price to $60 per barrel. Since this did not work, the West imposed sanctions targeting the tankers used to ship Russia’s oil. But Russian oil exports actually increased, as Moscow found alternatives. China and India began buying RussianContinue reading “Tanker Fleets Dominated by the West – Time for Russia and India to have their Own”
China Opens ‘Arctic Express’ Shipping Route – Need to Push Indian Maritime Corridors
Ningbo-Zhoushan Port in Zhejiang province of China launched the world’s first China–Europe Arctic Express in September, achieving the “Polar Silk Road” vision with a record 18-day transit. The container vessel “Istanbul Bridge” set off from Beiyi Container Terminal on its maiden voyage to Felixstowe, the largest container port in the United Kingdom. This new routeContinue reading “China Opens ‘Arctic Express’ Shipping Route – Need to Push Indian Maritime Corridors”