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| Welcome to the latest ICIS logistics and distribution e-newsletter |

Picture: Rex |
Top stories in the past four weeks include the biggest loan in the European Bank for Reconstruction and Development’s history to reform Russia’s rail system. The unsecured loan of $500m is over ten years. Welcome news for shipowners is Drewry’s report that operating costs will fall this year and, finally, the International Maritime Organisation has agreed measures and a work plan to reduce CO2. Critics say this is too little, too late. |
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| Logistic stories from ICIS news |
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