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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…
IFC Invests $ 33 Million to Modernize Agricultural Services in Central Asia
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Eurasia Group has secured $33 million in financing from the International Finance Corporation (IFC), a member of the World Bank Group, to expand agricultural machinery distribution, maintenance and farmer training networks in…
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…
Kazakhstan Proposes UN Cybercrime Center in Astana
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA — Kazakhstan has proposed establishing a United Nations regional center to combat cybercrime in Astana, as representatives from 27 countries and international organizations gathered in the capital on Nov. 4-5 to discuss cross-b…
Beyond Memorandums: How Cyberport and Central Asia Are Building Startup Bridge
The Astana Times provides news and information from Kazakhstan and around the world. HONG KONG – Hong Kong’s Cyberport is looking to deepen its ties with Central Asia as technology hubs in Kazakhstan and Uzbekistan seek to connect their startup ecosystems with international markets, investors and partners. In two sepa…
Kazakhstan’s Foreign Ministry Reviews Plan to Promote President’s Address Abroad
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan’s Foreign Ministry held a collegium meeting chaired by Foreign Minister Mukhtar Tileuberdi to discuss the implementation of priorities outlined in President Kassym-Jomart Tokayev’s state-of-the-nation address, the …
Kazakhstan Prepares for High-Level Diplomatic Week with International Leaders
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – King of Jordan Abdullah II Bin Al Hussein will pay an official visit to Kazakhstan on Nov. 5-6 at the invitation of President Kassym-Jomart Tokayev, Aibek Smadiyarov, the president’s press secretary, announced on his Telegram…
Propspeed Joins RightShip’s Zero Harm Innovation Partners Program to Support More Efficient and Sustainable Vessel Operations
Improving vessel energy efficiency is an important part of the maritime industry’s efforts to reduce fuel consumption and greenhouse gas emissions. While hull performance often receives significant attention, the condition...
Coast Guard Looks to Commercial Icebreakers to Keep Northeast Ports Open This Winter
The U.S. Coast Guard is exploring the use of commercial icebreaking vessels to help keep Northeast ports and waterways open this winter, as the service prepares for another season of...
Vance Blames His Own Administration’s Iran War for Republican Defeat
Vice President JD Vance on Wednesday blamed Republicans’ midterm election losses on the Trump administration’s eight-month war with Iran, which has driven up global energy prices and left commercial shipping...
Lufthansa Cargo rides airfreight pricing power to stronger yields
Lufthansa Cargo increased its base yields by 14% year on year in the third quarter, with strong demand and constrained capacity supporting pricing power, even as Middle Eastern airlines restored services. Overall yields rose 22%, as the carrier also successfully passed-on higher fuel costs. Adjusted EBIT more than tri…
ONE profits soar, thanks to surging rates and volumes
Ocean Network Express (ONE) has doubled its full-year profit forecasts to $2bn, after more than quadrupling its net profit for the three months to September, amid a surge in rates and volumes. Over the second quarter, July-October for the Singapore-based carrier, net profit hit $1.3bn, compared with just $285m, a year…
Kazakhstan Calls for Stronger Implementation of Humanitarian Law at Geneva Dialogue
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan has called for stronger national mechanisms to ensure compliance with international humanitarian law (IHL), stressing that efforts to protect civilians must begin long before armed conflicts break out. Kazakhstan h…
Wave of feeder newbuilds could bring a chill to charter rates in 2027
Feeder containership charter rates could face downward pressure in 2027 as a wave of newbuild deliveries adds capacity to a market that has enjoyed strong earnings in 2026. Ship brokerage Intermodal research analyst Vasilis Fousekis noted that the time-charter rate for a 1,700 teu geared feeder had climbed to about $3…
India Sees Some Trade Relief, New Risks After Democrat Sweep
Indian officials were cautious on the US midterm election results, saying it eases some of the pressure over trade tensions but creates a new layer of uncertainty in an already fragile relationship.
Transpacific the most profitable container trade by far, says Alphaliner
Carriers are earning up to $1.30 per nautical mile on spot shipments from China to the US west coast, making the transpacific by far the most lucrative major container trade. Alphaliner’s latest analysis of spot freight revenue per nautical mile highlights the growing gap between the transpacific and other major trade…
Kazakhstan Plans National Laboratory for Critical Materials as Manufacturing Sector Expands
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan plans to establish a National Laboratory for Critical Materials in Astana as part of efforts to develop its mineral resources, strengthen geological exploration and reduce reliance on imports, First Deputy Prime Mi…
Air cargo cashes in on AI boom – but who has the edge?
There is no shortage of companies enjoying the AI boom – from airports to airlines and forwarders, the latest airfreight trend is filling both aircraft and coffers – but companies are now trying to find a way to prove their competitive edge in the market, whether by handling, network, or capacity. Expeditors yesterday…
Schneider picks Norfolk over CSX, you say?
The carrier is changing its primary eastern railroad after 18 years. It could reshape competition for domestic containers – but the volume CSX will lose remains undisclosed, and the UP–NS merger is still only a proposal. The biggest question in Schneider National’s new rail deal is also the one nobody has answered: ho…
Infrastructure can’t cope with pace of pan-American air trade growth
Airport cargo infrastructure, as well as established ways of handling logistics, are being challenged by growing traffic. Airfreight capacity between Latin America and Canada is on the rise, courtesy of Air Canada (AC). Last month, the airline resumed service to Santiago and Lima, serving the Chilean capital with four…
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…
Kazakhstan and China Build Digital Bridge for Data Economy
The Astana Times provides news and information from Kazakhstan and around the world. Access to reliable data gives businesses a competitive advantage when they develop AI tools, build digital services or enter new markets. Kazakhstan and China are working to make that resource easier to use securely across borders. Ch…
Kazakhstan Eyes 2035 Completion for First Two Nuclear Power Plants
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan expects its first two nuclear power plants to be completed by 2035, with construction of the Balkhash plant involving a Russian-led consortium headed by Rosatom and negotiations underway with China National Nuclear…
Kazakhstan to Complete Construction of Three New Airports by End of 2026
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – Kazakhstan plans to complete construction of three new airports in Zaisan, Katon-Karagai and Kenderli by the end of 2026 as part of efforts to expand the country’s aviation infrastructure and strengthen its transit potential,…
Lady Luck and the lifer: Dan Wall’s Expeditors is on a tear
Stock value at record $206.23 intraday post-interims. Quarterly revenue up 42%, operating profit up 55%. A freight market delivering disruption, scarcity, and an AI infrastructure boom. Expeditors’ new chief executive has produced extraordinary results – however, the real test may be what happens when the market stops…