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09 January 2009 The on-line newspaper devoted to the world of transports 07:03 GMT+1



February 4, 2003

Russia Moves to Bring Ships Home

By Lyuba Pronina
Staff Writer
TheMoscowTimes.com

Crippled by a tax burden greater than 60 percent, ships flying the Russian flag carried only around 5 percent of the cargo that entered and left the country's seaports last year.

To address this discrepancy, the Transportation Ministry has proposed a new registration system meant to stem the loss of virtually ......
Read more on TheMoscowTimes.com



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