Kazakhstan and Azerbaijan sign agreements for Caspian ferry system and Baku terminal - Container News
Kazakhstan and Azerbaijan sign agreements for Caspian ferry system and Baku terminal Container News
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Kazakhstan and Azerbaijan sign agreements for Caspian ferry system and Baku terminal Container News
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 …
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…
PRESS RELEASE Ryder Acquires Efficiency Enterprises; Expands East Coast Fleet Network Nov 2, 2026 12:30 PM Eastern Standard Time – Expands Ryder’s truck rental, leasing, and maintenance footprint across six strategic Northeast, Mid-Atlantic, and Florida markets – Builds on Ryder’s growth strategy by increasing capacit…
A surprisingly wet October has brought much-needed relief to the Panama Canal, with Gatun Lake recovering to near its historical average despite warnings that a powerful El Niño could trigger another prolonged drought. New research from Ursa Shipbrokers, drawing on Panama Canal Authority data, shows Gatun Lake average…
Kazakhstan’s Transport Minister Nurlan Sauranbayev, Azerbaijan’s Ambassador to Kazakhstan Alimirzamin Asgarov, and AZCON Holding representative Shahin Babayev have discussed prospects for bilateral cooperation at a meeting in Astana.
The price of Azerbaijan's Azeri Light crude oil fell by $9.66, or 7.66%, to $116.50 per barrel on a CIF basis at Italy's Augusta port.
An Indian cargo vessel carrying 14 crew members has come under an aerial attack off the coast of Oman, leaving one sailor dead.
TURKEY: Şanlıurfa municipality has let a contract to construct the first phase of the city’s future light rail system to a consortium of Sigma İnşaat, Emreray Enerji and Vestan İnşaat. The consortium submitted a winning bid of TL3.39bn, the lowest of seven bids received. Phase 1 involves construction of a 14 km north-…
Romanian oil and gas producer OMV Petrom is preparing for a leadership change as chief executive Christina Verchere has announced she will not seek another term, with her departure set to occur around the planned startup of the company’s flagship Neptun Deep gas development in the Black Sea. Verchere, who has led the …
Bangladesh’s garment shippers face missed sailings and mounting pressure on delivery schedules as labour protests halt production and disrupt cargo movements to Chittagong port. Production was suspended at around 690 garment factories today, according to the latest information from Bangladesh, while roadblocks hampere…
Azerbaijan and Kazakhstan have signed two agreements aimed at expanding transport and logistics cooperation, including the development of a new intermodal cargo terminal at the Port of Baku and the establishment of a next-generation ferry system across the Caspian Sea.
Azerbaijan, Kazakhstan sign agreements on Caspian ferry system and new Baku cargo terminal [PHOTOS] AzerNews
This week the great and the good of the port industry will meet in London when the International Association of Ports and Harbours convenes its annual gathering. With the IAPH’s membership mostly comprised of the world’s port authorities, high on the agenda will be how to solve the persistently high levels of congesti…
Disruption to ocean shipping is not triggering a large-scale switch to airfreight – the cost of emergency lift is keeping most shippers at sea, according to DSV. Speaking at TIACA’s Air Cargo Forum in Miami last week, head of global airfreight Achim Martinka said such decisions depended on whether the business impact …
Delve straight into the numbers. In a nutshell: Chinese state-owned container line Cosco Shipping Holdings; (CSH) profit rose a whopping 81% in the third quarter as port congestion and long reroutes tied up ships and lifted freight rates, while Cosco Shipping Ports, the terminal operator it controls, reported flat pro…
Companies that have faced a cyber attack are now increasingly likely to face lawsuits too, from customers or staff over any breach of data security. JB Hunt is the latest: it is facing four proposed class actions, after a cybercrime group claimed to have taken employee information and millions of business records from…
In 2026 Amazon Logistics has moved from an in-house network to a carrier for hire: any business can now buy its freight, warehousing and delivery; merchants using its fulfilment service can put Prime delivery on their own websites; and sellers can buy LTL labels through it. AI shopping agents, including Amazon’s own, …
A rival railroad says Union Pacific’s chief executive frightened shippers away from a historic regulatory proceeding. Union Pacific (UP) denies making threats. The crucial question now is not just what Jim Vena said, but whether customers felt free to answer. How do you judge the public interest in a railroad merger i…
In this bonus episode of The Loadstar Podcast, we catch up with Loadstar publisher Alex Lennane, fresh from Miami, where she attended TIACA’s Air Cargo Forum (ACF). Ms Lennane shares her key takeaways from the event, including the atmosphere on the ground, major leadership changes across the air cargo industry, and wh…
Global schedule reliability has become more seasonal, while weekly liner service deployments have grown increasingly volatile since the pandemic, according to new analysis by Sea-Intelligence. Drawing on its Global Liner Performance database, which tracks monthly vessel arrivals from July 2011 to September 2026, the c…
After two ambitious Chinese-backed infrastructure projects were abandoned or stalled, Sierra Leone is turning to another Chinese partner to develop a “national” shipping industry. The financing model has changed, but familiar questions remain. On 19 October, Sierra Leone inaugurated its new national shipping company, …
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…
Kazakhstan, Azerbaijan Agree to Launch Caspian Bridge Ferry System Caspian Post
Kazakhstan and Azerbaijan are planning to establish a joint intermodal cargo terminal and a new Trans-Caspian ferry system called the "Caspian Bridge."
The Government of Armenia has effectively already begun implementing the “Trump Route for International Peace and Prosperity” (TRIPP) project, Prime Minister Nikol Pashinyan told lawmakers on Monday, according to Armenpress.
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…
Polish Prime Minister Donald Tusk has accused Russia of supporting his political opponents amid an escalating dispute over the country's Constitutional Tribunal, warning that the crisis threatens the rule of law in Poland.
PRESS RELEASE Nov 1, 2026 11:01 PM Eastern Standard Time AIT Worldwide Logistics Expands Global Footprint to Oceania with Acquisition of Australia-Based Forwarder Connor Anderson International Strategic investment increases AIT’s geographic reach, high-tech logistics support capabilities ITASCA, Ill.–(BUSINESS WIRE)–S…
A new federation bringing together Indian seafarer unions, welfare organisations and maritime charities has been established in Chennai with plans to coordinate action on crew abandonment, unpaid wages and seafarer safety. The International Transport Employees Federation (ITEF) was formed on October 31 following a mee…