Carriers put on a brave face amid further decline in ocean spot rates
Container spot freight rates on the main east-west trades saw another week of declines, although, ...
Xin Long Yun 16 Photo: VesselFinder
Recently incorporated STF Shipping has started operations, joining other Russia-focused operators, despite the downward pressure on freight rates.
The Hong Kong-registered company has launched five China-Russian Far East services, taken over from Dubai-based CStar Line, which exited the route in August.
STF, an acronym of Safety, Timeliness and Flexibility, has established its HQ in Shanghai, with agency offices in Ningbo, Seoul, Vladivostok and Nakhodka.
The Hong Kong Companies Registry shows STF Shipping was incorporated in December 2023 and is owned by Chinese national ...
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