Market Report, "Russia Shipping Report Q1 2015", Published

Boston, MA -- (ReleaseWire) -- 01/30/2015 -- Russia's two bellwethers, the port of St Petersburg, the country's main box facility, and the port of Novorossiysk, one of Russia's largest ports in terms of total throughout, are set to hold their respective positions in Russia's maritime sector in 2015. Despite the recent depreciation of the rouble, we expect Russia's consumer story to remain attractive over the medium-term, helping container throughput growth at the country's ports. Economic growth continues to slow in 2015 as the main driver of growth over the past decade - household consumption - continues to weaken.