Russian operator E-Line Shipping has filed for bankruptcy in St Petersburg on 6 June 2025 with total debt of over $2m and customer claims of over 71m rubles. The company was established in February 2023 in Moscow to provide shipping services between China, South Korea and Russia. It launched a Korea Vladivostok Express (KVE) service in March 2023 using 3 ships of 700-1,700 teu and extended its network with a China-St Petersburg service in 2024. 2 of its chartered ships were detained by owners f