Container shipping rates for key global trade routes have soared this week, with U.S. and UK air strikes on Yemen stirring fears of a prolonged disruption to global trade in Red Sea, one of the world’s busiest routes.

The head of the PTC Holding group of companies announced his intention to open a branch in China. According to him, this will allow the Kazakh company to work directly with shippers from China, using the capabilities of the transshipment terminal at the Dostyk station.