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A previously unheard of Chinese start-up Sea Legend has garnered media attention for its bold entrance into the Red Sea trades supported by Chinese naval escorts, but the Qingdao-based company is just part of a much wider network of companies trading between Russia and China
Emerging carrier claims to offer ‘ultimate care for crew, cargo and vessel with high-security level’ for its Red Sea transits. This includes escorts by the Chinese navy and private armed guards on board
A total of 17 out of the 27 Chinese containerships still active in Red Sea transits are involved in calling at Russian ports. Many were deployed from other trades following the latest flare-up in the Israel-Palestine conflict
MSC and small players head Transpacific withdrawals
MSC and small players head Transpacific withdrawals