International Container Logistics

History

2023: Building a Company

Rosatom and one of the world's largest logistics companies DP World have created a joint venture called International Container Logistics to develop container transportation. About this in the project in the Russian state corporation told on October 24, 2023.

Cooperation between the two companies is aimed at developing an additional trade route for container shipping through. Northern Sea Route Among the immediate tasks of the joint venture is the completion of the design of infrastructure facilities on the route, clarification of the volume of investments and the schedule of work, - explained to Interfax in Rosatom"."

It follows from the Unified State Register of Legal Entities (USRUL) that International Container Logistics LLC was registered on October 20, 2023 in Moscow, 51% of the company belongs to RuSat Cargo LLC (the structure of the Rosatom state corporation), 49% - DP World Russia from the UAE. The authorized capital of legal entities is 960 million rubles, Alexey Levitsky has been appointed general director. He also heads Western Transport and Logistics Hub LLC, Rosatom's subsidiary, to create a container terminal in Murmansk, the news agency notes. {{quote | Global trade requires global solutions. Losses from the Suez Canal lockdown in 2020, which demonstrated the vulnerability of global trade to external shocks and led to supply delays, are estimated at $9 billion a day. The Northern Sea Route has the potential to transform both global trade and environmental impact. It will not only reduce carbon dioxide emissions from shipping, but also provide an alternative for customers who are dependent on the operation of a single trade route, "said Sultan Ahmed bin Sulayem, Chairman of the Group and Chief Executive Officer of DP World.^[1]

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