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Hazar Logistik, Gebrüder Weiss discuss cargo transit via Turkmenbashi port

Kazakhstan to Hold Biennial Symposia on Al-Farabi and Yasawi Heritage, Vice President Says

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan will hold an international symposium dedicated to the intellectual heritage of medieval philosopher Abu Nasr Al-Farabi (870-950) and theologian Khoja Ahmed Yasawi (1094-1166) on a rotating basis every two years, Vi…

Capital Tankers scores up to $82m suezmax fixture

Evangelos Marinakis-backed Capital Tankers has secured a 15-month charter for one of its modern suezmaxes in a deal expected to generate between $73.1m and $82.2m in revenue. The Oslo-listed tanker owner said on Friday that its 155,348 dwt Amor has been fixed to an unnamed global energy company, with employment starti…

JanaPort Jet Enters Kazakhstan’s Aviation Fuel Market

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – A new player has entered the regional fuel market – JanaPort Jet. Kazakh businesspeople Rakhman Asambayev, Kanat Kopbayev and Orazkhan Karsybekov established the company with equal ownership, representing the Jupiter Jet and …

Narxoz Conference Explores Central Asia’s Path to Stronger Regional Cooperation

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Central Asia’s role in shaping global governance, strengthening regional cooperation and advancing sustainable development was the focus of an international conference hosted by Narxoz University on Nov. 4 in Almaty, the univ…

Kazakhstan Advances in Global Digital Rankings as AI Infrastructure Expands

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan has improved its standing in several international digital development rankings, with progress in artificial intelligence readiness and e-government services highlighting the country’s growing role in the global te…

Evergreen’s Suez return leaves Zim increasingly isolated

The container shipping industry’s long detour around southern Africa is rapidly coming to an end, with Taiwan’s Evergreen preparing to send its first ships through the Suez Canal after almost three years of avoiding the Red Sea. According to liner consultancy Linerlytica, Evergreen will deploy the 16,556 teu Ever Eon …

Kazakhstan Strengthens Export Push with New Istanbul Trade Office

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan has opened a QazTrade office in Istanbul to help domestic manufacturers enter the Turkish market and find business partners in other countries, Kazinform reported on Nov. 4. A new Qaztrade office is located in Ista…

Maersk upgrades profit outlook despite underperforming rivals

Maersk has raised its full-year earnings guidance for the third time this year, with the Danish shipping giant continuing to benefit from extraordinary freight rates, resilient cargo demand and widespread supply chain disruption. The Copenhagen-headquartered group now expects underlying EBITDA of between $14bn and $14…

Transpacific emerges as liner shipping’s golden trade

The transpacific has become the most lucrative major container shipping trade in the world, with carriers generating five times more spot revenue per nautical mile on the Shanghai–Los Angeles route than on shipments to North Europe via the Cape of Good Hope. New analysis from Alphaliner shows that the extraordinary st…

Idan Ofer turns to Japan for boxship quartet

Idan Ofer’s Eastern Pacific Shipping (EPS) has been linked to an order for four midsize containerships at Japan’s Imabari Shipbuilding, marking a rare Japanese addition to its extensive newbuilding programme. Shipbuilding sources have identified the Singapore-based owner as the buyer of the quartet, which would take i…

Tokayev Meets Network School Founder, Welcomes Launch of Kazakhstan Branch

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – President Kassym-Jomart Tokayev met with Balaji Srinivasan, founder of Network School, to discuss cooperation in technology, education and innovation, reported the presidential press service on Nov. 4. From L to R: Balaji Sri…

Cameroon’s Gulfcam taps new chief to drive Camship expansion

Cameroon’s Gulfcam is pursuing plans to acquire six vessels to expand its coastal container shipping operations between Kribi and Douala, with a former Camship executive taking charge of the business. Bernard André Ndengue took over as chief executive on November 1, replacing Albert Roger Boum, who stepped down last m…

Samudera taps Yangzijiang yards for boxship duo

Singapore-listed Samudera Shipping Line has ordered two containerships in China, adding 6,000 teu of capacity to its newbuilding pipeline. The Indonesian-controlled carrier disclosed in a filing that it had signed shipbuilding contracts with Jiangsu New Yangzi Shipbuilding and Jiangsu Yangzi-Mitsui Shipbuilding, both …

TS Lines adds $246m boxship brace in China

Taiwanese liner operator TS Lines has returned to Shanghai Waigaoqiao Shipbuilding (SWS) for another pair of containerships in a deal worth $246m. The Hong Kong-listed carrier has contracted two 11,000 teu vessels at the CSSC-controlled yard, together with China Shipbuilding Trading, paying $123m apiece. The ships are…

Nazarbayev University Conference Highlights Need to Rethink Teaching Practices

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Educators and higher education experts worldwide gathered in Astana on Oct. 27-28 for Nazarbayev University’s Teaching Conference 2026 to discuss ways to improve teaching quality, support faculty development and address the c…

Ernst Russ offloads another feeder in fleet reshuffle

German shipowner Ernst Russ has sold another feeder containership, continuing to trim its older boxship exposure while building up its tanker and multipurpose fleet. The Frankfurt-listed company has confirmed the sale of the 2007-built, 803 teu Mirror, without disclosing the buyer and price. The vessel is expected to …

Contships locks in fresh CMA CGM and ONE feeder deals

Greek feeder containership owner Contships Logistics has secured two new charter deals with CMA CGM and Ocean Network Express (ONE), adding contracted employment as it prepares for an extensive fleet renewal programme. The Nikolas Pateras-led company disclosed in its third-quarter earnings report that the Contship Sky…

TikTok Becomes Business Tool for Kazakhstan’s Entrepreneurs, Survey Finds

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — A new survey by TikTok and the Atameken National Chamber of Entrepreneurs found that more than 70% of surveyed companies use the platform for business at least once a month, while 88.3% reported a positive effect on attractin…

Wallenius Wilhelmsen adds $700m Asian carmaker deal to contract haul

Norwegian car carrier giant Wallenius Wilhelmsen has secured a three-year shipping contract worth around $700m with a major Asian automaker, taking its newly announced contract wins to more than $1.7bn in the space of five days. The Oslo-listed group did not identify the customer but said the agreement builds on an ex…

MSC adds three more megamaxes at Waigaoqiao

Mediterranean Shipping Co (MSC) has been linked to another three LNG dual-fuel megamax containerships at China’s Shanghai Waigaoqiao Shipbuilding (SWS), expanding its series at the CSSC-owned yard to 13 vessels. Shipbroking sources place the latest 21,700 teu newbuildings at around $210m apiece, valuing the additional…

Kazakhstan’s Aviation Industry Gains as FlyArystan Joins IATA

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan’s low-cost airline FlyArystan has joined the International Air Transport Association (IATA), an industry body representing airlines worldwide. Photo credit: FlyArystan. IATA represents more than 370 airlines across…

Kazakhstan Condemns Houthi Attacks on Saudi Arabia, Tokayev Says During OTS Summit

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Escalating tensions in the Middle East could threaten global trade and transport links, Kazakh President Kassym-Jomart Tokayev said, speaking at the 13th OTS summit in Ankara. Photo credit: Akorda. Tokayev said the deteriorat…

Oil majors count the cost of runaway tanker rates

Soaring tanker freight rates are taking an increasingly heavy toll on the world’s oil majors, with the latest quarterly results revealing billions of dollars in additional shipping-related liabilities, squeezed refining margins and losses on trading positions. Shell has disclosed a $5.4bn non-cash increase in its ship…

Central Asian Lawmakers Discuss Regional Integration at Dushanbe Forum

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Parliamentarians from five Central Asian countries discussed regional security, economic integration and digital cooperation at the fourth Inter-Parliamentary Forum of Central Asian States in Dushanbe on Oct. 29, Kazinform re…

Korean carrier Namsung returns to China for larger boxships

South Korea’s Namsung Shipping has been linked to another containership order in China, with brokers reporting a deal for two firm 7,100 teu vessels at Dalian Shipbuilding Industry Corporation (DSIC), plus options for another pair. Shipbroking sources said the CSSC-owned yard had secured the contract, with deliveries …

Kazakhstan Calls for Stronger Cooperation Among Turkic States Ahead of OTS Summit

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan’s Foreign Minister Mukhtar Tileuberdi called for stronger political dialogue and closer trade and transport ties among Turkic states at an Oct. 29 meeting ahead of the 13th Summit of the Organization of Turkic Stat…

Kazakh Government Outlines Budget and Tax Measures After Tokayev’s Address

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — Kazakhstan plans to expand AI in budget management, overhaul investment coordination, consider higher taxes on wealthy citizens, and raise the minimum monthly wage to 110,000 tenge ($242) in 2027 as the government moves to im…

India greenlights $1bn drive to break China’s container manufacturing dominance

India has approved a INR100bn ($1.05bn) programme to massively expand domestic shipping container manufacturing, targeting a tenfold increase in annual capacity as New Delhi seeks to challenge China’s near-monopoly over the industry. The country’s cabinet approved the Container Manufacturing Promotion Scheme yesterday…

Pakistan, Turkmenistan discuss transit trade deal and transport corridors