Small Pirate Port 2

Pirate attacks on shipping have upside for Russian railways

Published 01 December, 2008, 08:44


“We will be trying to make this route more attractive by offering our customers tariffs fixed for three years at least. These tariffs will fluctuate only in line with inflation.”

But analysts say those tariffs are even more frightening than pirates. They are 4 times higher than the cost of shipping by sea, and that's not the only problem facing the Trans-Siberian route according to Aleksey Bezborodov, Analyst with Infranews.

“To attract at least several per cent of container shipments to the land bridge, Russian Railways needs to build about 10-15 logistic centers, every 500 km along the railroad. It would cost the company about $1 Billion. The company, which earns about $42 Billion a year could have easily done it.” - Jeff Kurtenacker [Pirates of the burning sea Корсары онлайн] Small Pirate Port 2