Increased Maritime Trade with Russia ― October 16, 2024
written by SI Analytics
An AI analysis of Chongjin, the largest port on the east coast of North Korea bordering Russia, reveals a significant increase in trade with Russia this year, leading to a surge in large vessel activity. This activity appears particularly focused on oil smuggling and coal exports. Furthermore, the Chongjin Shipyard has resumed shipbuilding activities this year, construction at Chongjin Youth Park has restarted after a pandemic-related hiatus, and beaches have reopened, indicating a gradual return to normalcy.
Increased Maritime Trade with Russia ― October 16, 2024