By John Helmer, Moscow In a three-day hearing in the UK High Court, which wound up on Monday of this week, Russian state shipping company Sovcomflot faced cost, indemnity and compensation claims for an estimated $180 million, filed by Yury Nikitin, Dmitry Skarga (right image), and Tagir Izmailov. They were the three defendants in the […]

by John Helmer - Wednesday, March 2nd, 2011
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By John Helmer, Moscow Want to throw rice at the bride and groom — Krasnodar will be glad to fill your order. For starting this January, Russia has become a net rice exporter for the first time in its history. According to Alexander Korbut, spokesman for the Russian Grain Council, about 100,000 tonnes of short-grain […]

by John Helmer - Tuesday, March 1st, 2011
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By John Helmer, Moscow Sergei Generalov, controlling shareholder of Far Eastern Shipping Company (Fesco), lifted the lid yesterday off an intensifying contest among Russia’s transport moguls to redivide the state’s rail, box terminal and shipping concessions. These will be awarded before the presidential election in a year’s time by Deputy Prime Minister Igor Sechin.

by John Helmer - Tuesday, March 1st, 2011
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