CHINA has a new shipowner, servicing the growing container trade to neighbour Russia, reports Singapore's Splash 247.
According to Alphaliner, Shenzhen-based Neptune Logistics Group (NEP) has deployed its first ship, the multipurpose 433 TEU vessel Neptune Line, which will shuttle between Nansha in southern China and Vladivostok in Russia's Far East.
The group is also involved in trucking, project logistics, cross border e-commerce, air charter, container leasing, warehousing and supply chain management.
A host of Russian and Chinese forwarders have launched their own liner services linking the two countries as most global liners, with the notable exception of China's COSCO, have drastically reduced their operations in Russia since the invasion of Ukraine.
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