One of China’s latest entrants into liner shipping has a name to reflect its status. 

Newnew Shipping is one of a host of new local container brands servicing the China – Russia tradelane.

Newnew is a subsidiary of Torgmoll, a logistics group, with Alphaliner reporting it has recently bought the 3,700 teu, 2007-built Northern Debonair for $15m from German interests. This is the third ship Newnew has bought in recent months and will serve on the company’s China- Baltic & Black Sea service. Newnew also has a China – Russia Far East service. 

In the wake of war breaking out between Russia and Ukraine in February last year, most global liners pulled back from servicing Russia, but a host of new names have since entered the fray with rates reportedly highly elevated.