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Icebreaker in St Petersburg © Traderphotos

Yangpu New New Shipping, a newcomer liner operator specialising in Russian routes, has launched the first regular container shipping service between China and the Russian part of the Arctic Ocean.

An ice-class boxship, the 2005-built 1,638 teu Newnew Polar Bear, departed St Petersburg on a 28-day voyage, scheduled to arrive at Shanghai on 4 August after calling at Qingdao and Tianjin.

New New Shipping, based in China’s Hainan Island and part of the Torgmoll logistics group, acquired the ship for $9.3m in ...

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