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Affinity Tanker Weekly, 6 November 2026
VLCCs have softened throughout the week as limited enquiry and increasingly competitive Suezmax alternatives have tempered owners’ Source: Affinity Research LLP
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KazMunayGas, Transneft Seek to Expand Oil Transit Cooperation
Chief Executive Officer of Kazakhstan's national oil and gas company KazMunayGas (KMG), Askhat Khasenov, met with Nikolay Tokarev, President of Russian oil pipeline operator Transneft, in Moscow to discuss cooperation in oil transportation and transit, the KMG press service said.
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Azerbaijan, UN Discuss Middle Corridor, Regional Connectivity
Azerbaijan’s Foreign Minister Jeyhun Bayramov met with UN Under-Secretary-General for Economic and Social Affairs Li Junhua in Baku on November 6.
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Russian LNG Exports to China Surge More Than Twofold
Russian liquefied natural gas (LNG) exports to China have more than doubled since 2021, rising from 4.5 million to 9.8 million metric tons, according to an analytical report by the PORA Expert Center, The Caspian Post reports, citing TASS.
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PKP Cargo eyes further layoffs as unions demand sign-off on pay deal
Polish freight operator PKP Cargo is apparently planning another round of collective layoffs before the end of the year, along with changes to how its staff are paid, according to Polish rail media. Responding to the reports, PKP Cargo told the Polish Press Agency that restructuring administrator Paweł Głodek is analy…
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Ukraine Proposes New Logistics Route Linking Azerbaijan to Europe
Strong transport links between the Black Sea and the Caspian Sea could create new opportunities for trade and energy supplies, with Ukraine proposing the development of logistics routes connecting Azerbaijan to European markets.
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Russia and Iran Sign New Deal to Advance 162-Km Railway Project
Russia and Iran have signed key documents granting access to land plots along the planned route of the Rasht-Astara railway line, paving the way for further engineering work on the strategic transport project.
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Scottish campaigners include freight opportunities
Lobby groups in the north and south of Scotland have emphasised how freight can play a new role in railway development. Campaigns in the North East and the Scottish Borders have both put their cases to the government and to stakeholders at large. The North East lobby group was at the Scottish Parliament last week, whi…
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Russian Railways Offers 40.4% Discount on Exports Through Azerbaijan
Russian Railways (RZD) has introduced a 40.4% discount on export rail shipments of selected timber industry products through border crossings with Azerbaijan, Belarus and Kazakhstan.
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China’s Vice President Visits Georgia
Han Zheng, Vice President of China, arrived in Georgia on November 6 for an official visit, planning to meet with Georgian leaders before heading to Turkey for a UN climate summit. The visit comes amid efforts by Tbilisi and Beijing to strengthen bilateral relations, with Georgian officials describing Zheng as the hig…
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Medway goes solo on Le Havre–Nantes trains as French map grows
Medway France is now running MSC’s container trains between the ports of Le Havre and Montoir-de-Bretagne on its own, after more than three months working on the flow alongside Europorte. It is the company’s third regular flow in France, less than a year after it entered the market. MSC’s rail freight arm started the …
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DenAr takes on Turkey’s first offshore wind seabed survey campaign
Turkish marine survey specialist DenAr Ocean Engineering Services has been selected by the country’s Ministry of Energy and Natural Resources to carry out geophysical and geotechnical seabed investigations for Turkey’s first offshore wind development programme. The NCS-01 project covers two areas in the Sea of Marmara…
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KTZ Express ships Kazakh polymers to Mexico via the Middle Corridor
KTZ Express, the freight forwarding subsidiary of Kazakh Railways (KTZ) has organised a container shipment from Kazakhstan to the Mexican Port of Veracruz. KTZ is reaching ever-more destinations across the world “beyond traditional sales markets”. KTZ Express presented the shipment as part of an effort to expand the g…
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Venergy doubles VLCC order at Hengli
Greek shipowner Vyron Vasileiadis has firmed up another two VLCCs at China’s Hengli Heavy Industries, doubling Venergy Maritime’s debut supertanker order to four vessels. The Piraeus-based company exercised the options attached to its October contract for two firm 306,000 dwt crude carriers, with all four vessels sche…
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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…
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ČD Cargo refutes claims ‘rail can’t compete with road’ for smaller shippers
ČD Cargo has rejected the “simplistic conclusion that rail cannot compete with road”, after shippers interviewed on primetime Czech television said they had switched to trucks on cost and speed. Rail, the operator says, “can offer a competitive solution in terms of price, transport capacity and reliability”, for both …
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What will happen to DB Cargo if it fails to break even?
Time is ticking for the German national rail freight operator DB Cargo. It needs to implement its restructuring programme by 31 December 2026 under a deal with the European Commission. If the operator fails to do so, it could be in serious trouble. The goal is to break even financially. The DB Cargo case in short DB C…
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Seven Shadow Fleet Tankers Spoof AIS to Hide Novorossiysk Voyages
Sanctioned Tankers Fake Their Positions Near the Bosphorus A cluster of seven sanctioned Russian tankers were found to have routinely and deliberately manipulated AIS over the past 90 days to falsely claim they were drifting off the Black Sea close to the Bosphorus entrance. The tankers were instead identified by Wind…
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Brazilian builds boat from rubbish to collect more rubbish
A former Brazilian ocean canoeing champion has taken recycling to a floating extreme, constructing a boat from 230 discarded plastic containers so he can collect even more rubbish from the sea. Marcos Arnhold spent two months building the unusual craft in Guaratuba, southern Brazil, using 125 two-litre plastic bottles…
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Turkish, Iranian FMs Discuss Tehran-Washington Negotiations
Turkish Foreign Minister Hakan Fidan held a telephone conversation with his Iranian counterpart, Abbas Araghchi, Turkish diplomatic sources said on Thursday, The Caspian Post reports, citing Anadolu Agency.
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Russia, Iran Sign Several Documents for Key Railway Project
Russia and Iran have signed a package of documents related to the construction of the Rasht-Astara railway line, Russian Deputy Prime Minister Andrey Nikitin told journalists.
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Russia Takes Temporary Control of Japan Tobacco’s Assets
Russian President Vladimir Putin has signed a decree transferring the stakes held by international tobacco company Japan Tobacco Inc. (JTI) in its Russian manufacturing facilities to the temporary management of JSC Industrial Assets. The document was published on Russia’s official legal information portal.
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Russian-Flagged Oil Tanker Towed to Egypt Port After Engine Failure
The Russian-flagged oil tanker ALYSSUM suffered an engine failure in the Mediterranean Sea and was towed to the Egyptian port of Port Said for repairs, according to the Suez Canal Authority.
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Adif president follows Puente out: what’s left of Spain’s freight agenda?
Adif president Luis Pedro Marco de la Peña has resigned, a day after Transport Minister Óscar Puente quit over the deadly Urda high-speed crash. With Spain’s rail leadership upended just weeks before the 29 November snap election, what does the shake-up mean for freight, from Adif’s new 2026–2030 funding deal to the R…
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October Sees Surge in Attacks on Ships in Strait of Hormuz
A record 34 vessels were attacked while transiting the Strait of Hormuz in October, accounting for more than a quarter of all reported attacks on ships in the region since the start of the Middle East conflict.
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One-day French national strike to disrupt rail freight
A one-day general strike in France today over the rising cost of living is expected to bring some disruption to rail freight, according to one major operator. The strike is expected to be particularly widespread across the French rail network and also highly-localised in certain areas such as the Greater Paris region,…
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Drewry: Red Sea Diversion Tracker Shows Significant Increase in Suez Canal Transits
With regional security changing rapidly, Drewry’s Red Sea Diversion Tracker delivers timely intelligence to shippers, carriers, ports and other stakeholders on the evolving structure of carrier networks. This tracker page is updated fortnightly (every other Tuesday). Most Asia-Europe capacity now back via Suez During …
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BP raises over $1bn from Aker BP stake sale
British energy major BP has raised about $1.06bn by selling part of its stake in Norwegian oil and gas producer Aker BP as it continues efforts to strengthen its balance sheet. The company sold 31.6m shares, representing around 5% of Aker BP’s total issued share capital, for NOK311 per share. The transaction generated…
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Azerbaijan to Take Over Caspian Sea Aquatic Bioresources Commission in 2027
Azerbaijan will assume the chairmanship of the Commission on Aquatic Bioresources of the Caspian Sea starting January 1, 2027.
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Combined transport in Europe back in decline in Q3
Combined transport (CT) volumes in Europe fell by 1.23% in the third quarter of 2026 compared to the same period last year, according to UIRR. After a brief stabilisation in the spring, the sector is back in negative territory, and its members now expect a negative business climate for the next 12 months. UIRR said in…