Zelensky arrives in Istanbul for Erdogan talks
Ukrainian President Volodymyr Zelensky said he arrived in Istanbul with his team ahead of talks with Turkish President Recep Tayyip Erdogan, with Black Sea shipping among the issues on the agenda.
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Ukrainian President Volodymyr Zelensky said he arrived in Istanbul with his team ahead of talks with Turkish President Recep Tayyip Erdogan, with Black Sea shipping among the issues on the agenda.
Azerbaijan and Kazakhstan are exploring new opportunities to strengthen economic cooperation in logistics, information technology, advanced technologies and artificial intelligence.
A strong VLCC market this year is boosting Suezmax Tanker demand. Suezmax sales activity has picked up considerably in recent months, with sales so far this year up 35%, reaching 124 sales compared to 92 sales over the same period last year. Buyers have continued to transact even as values have climbed, pointing to st…
Twenty years after Borat , Sacha Baron Cohen has apologized to the people of Kazakhstan. The apology became public just weeks after he used the character to promote another film. On the Happy Sad Confused podcast, released October 26, he said, “I want to apologize to the people of Kazakhstan for the first time ever.” …
A Kazakh former special forces officer and a South Korean taekwondo champion find themselves on the same side when their shared mentor disappears. Their search takes them from Kazakhstan to Seoul, where they become entangled in a dangerous conflict rooted in their teacher’s past. This is the story of KESU , a Kazakhst…
The White House recently issued a report on the transshipment of goods. It focuses on allegations that some countries with lower tariffs seek to evade U.S. tariffs on China by exporting goods that are really produced in China and only slightly modified, if at all, before further export to the U.S. The report groups mo…
Georgia and Azerbaijan signed documents, discussed cooperation, and agreed to speed up the border demarcation and delimitation process as officials from the two countries held the 11th meeting of the Georgia-Azerbaijan Intergovernmental Commission on Economic Cooperation on October 30 in Tbilisi. The meeting, co-chair…
Türkiye has invited bids to rehabilitate and electrify the railway between Divriği and the Georgian border, part of its section of the Middle Corridor. The work is divided into three lots that should greatly increase capacity on the route. Proposals are due on 22 December. Türkiye published the tender notice earlier t…
The Port of Gothenburg has almost doubled the storage capacity of its Arken Intermodal Terminal. It did so without expanding the site. By rebuilding one of the terminal’s through tracks, about 4,000 square metres of handling space for trailers and other units has been freed up. The Swedish Port of Gothenburg announced…
Kazakh President Kassym-Jomart Tokayev has proposed inviting Russia to cooperate with the Organization of Turkic States (OTS) or granting it observer status. He made the proposal on October 30 at the summit in Ankara, where Türkiye assumed the organization’s rotating chairmanship from Azerbaijan. Azerbaijani President…
Uzbekistan and Türkiye have agreed to expand the list of goods eligible for preferential trade treatment and signed agreements on business support and social security. Five documents were signed in Ankara on October 29 following talks between Presidents Shavkat Mirziyoyev and Recep Tayyip Erdoğan. Turkish Trade Minist…
The Interior Ministry confirmed that one person has been arrested, as Russian sources cited a tourist from Belarus alleging that a man physically attacked her at Tbilisi railway station because she was speaking Russian. The alleged assailant reportedly claimed that he hit her after she rejected his attempt to introduc…
A water tank ruptured in a construction tunnel at Tajikistan’s Rogun Hydropower Plant on October 21, sending water rushing toward workers below. While the authorities maintain no one was injured, witnesses have reported that more than five workers were hurt. The accident occurred inside the plant’s tunnel system, Asia…
The world’s largest cryptocurrency exchange, Binance, has reported a cyberattack affecting approximately $6.3 billion in digital assets. Blockchain analysts say the October 29 attack is the largest cryptocurrency theft on record. The company says around $3 billion has been frozen and withdrawals have been temporarily …
Kyrgyzstan has completed the installation of nearly 328 kilometers of border fencing in the Batken region in the country’s southwest, where armed clashes with Tajikistan took place in 2021 and 2022. For some residents, the new boundary has also raised questions about compensation for lost homes and farmland. On Octobe…
On October 28 in Ankara, Kazakhstani President Kassym-Jomart Tokayev and Turkish President Recep Tayyip Erdoğan held talks in a narrow format and then with their delegations. They met less than six months after chairing the sixth bilateral High-Level Strategic Cooperation Council in Astana on May 14, suggesting a more…
A collaboration between Wabtec and partners demonstrated Automated Shunting Operations (ASO) at Vienna’s Albern Hafen rail yard earlier this month. ASO should help improve productivity, mitigate staff shortages and improve operational safety. The technology will now proceed to pilot operations before commercial deploy…
Georgia’s Constitutional Court has begun hearings in a lawsuit filed by 88 lawmakers from the ruling Georgian Dream-led majority seeking to ban five major opposition political groups. The lawsuit targets the United National Movement (UNM), Coalition for Change, Lelo/Strong Georgia, Federalists, and former Prime Minist…
Oil prices on global markets are heading for a fourth consecutive monthly gain amid attacks in Saudi Arabia and rising tensions around the Strait of Hormuz. According to the information, forecasts suggest that Brent crude will end the month up approximately...
The first trains through the Fehmarnbelt tunnel between Denmark and Germany will not run before 2035, three years later than previously expected. This is the assessment of Danish state-owned operator DSB, according to Danish media outlet Ingeniøren, while road traffic could start using the tunnel several years earlier…
The Polish Office for Rail Transport (UTK) warns that joint liability for customs debt could push Polish rail freight operators into insolvency. The regulator’s president will write to the ministers of infrastructure and finance, calling for an urgent analysis of the situation. The problem mainly concerns transports o…
The cleanup and restoration of the railway near Barking after last Friday’s derailment will continue well into next week. The work to recover a stranded intermodal train and repair damaged infrastructure is proving far more extensive than first hoped. New images released by c2c show the scale of the recovery operation…
“Geopolitical disruptions continue to cloud the dry bulk market outlook. The effective closure of the Strait of Hormuz remains the largest source of uncertainty, while attacks on ships and port infrastructure in the Black Sea have added another layer of risk,” says Filipe Gouveia, Shipping Analysis Manager at BIMCO. T…
Turkmen officials and a representative from the International Monetary Fund met in Ashgabat, weeks after the IMF concluded that Turkmenistan breached its obligations as a member country by not providing key data. Turkmenistan’s Ministry of Foreign Affairs did not mention the IMF’s September finding in a statement abou…
Domenec Ruiz, a Member of the European Parliament for Spain and member of the ruling Spanish Socialist Workers' Party (PSOE), said on Thursday that the recent train disaster in Toledo was "not necessarily connected to a general lack of investment" in the country's railway network.
With the arrival of autumn, Europe has sunk into a wave of protests that still hasn't let up. Hundreds of thousands of people have taken to the streets, and not in a single country but in a good dozen of them at once. France, Italy, Belgium, Portugal, Greece, Albania, and Germany is next in line. Yet behind all of the…
Two Nordic rail freight operators published mixed third-quarter results. Finnish Nurminen Logistics grew net sales by 10.4% to €26.3 million thanks to its Italian block trains. Still, the operator slipped into loss territory. Swedish operator Green Cargo posted an operating profit of 73 million Swedish crowns (€6.6 mi…
PKP Cargo’s rolling-stock maintenance subsidiary, PKP Cargotabor, has secured a legally binding deal to repay its debts, ending two years of restructuring and bringing some stability to a key part of the Polish freight operator’s business. Its parent company, however, remains locked in a dispute with creditors over it…
The Austrian rail freight operator Rail Cargo Group is considering scaling back single wagonload services between Sachsenburg in Carinthia and Sillian in East Tyrol. The service is too labour- and cost-intensive, the ÖBB subsidiary said. Local politicians warn that the move could put 50 to 60 extra trucks on the road …
The situation along the Pakistan-Afghanistan border has escalated again following fresh clashes between the two countries' military forces, resulting in casualties on both sides.