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UN praises ecosystem restoration efforts in Kazakhstan, Kyrgyzstan
Astana gets shout-out for reviving Northern Aral Sea.
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Türkiye Strengthens Demand For Steelpaint’s Long-Term Corrosion Protection
The rise in the number of Turkish shipyards from 37 in 2002 to about 85 today has substantially increased the country’s newbuild capacity but shiprepair and maintenance continues to account for much of the industry’s maritime activity, as more shipowners extend vessel service life. For instance, Turkish yards, concent…
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Eurostar announces next Chief Executive Officer
EUROPE: International high speed train operator Eurostar announced on November 2 that Gwendoline Cazenave was stepping down as CEO. Christophe Fanichet has been appointed as CEO from December 1, with Matthieu Quyollet, Chief Financial, Strategy & Transformation Officer and deputy CEO, serving as CEO in the interim. Fa…
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Azerbaijan, Kazakhstan sign agreements on Caspian ferry system and new Baku cargo terminal
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.
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OPEC+ holds December oil output target
The seven OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 1 November 2026, to review global market conditions and outlook. The seven participating countries decided to main…
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Azerbaijan, Kazakhstan plan joint intermodal cargo terminal
Kazakhstan and Azerbaijan are planning to establish a joint intermodal cargo terminal and a new Trans-Caspian ferry system called the "Caspian Bridge."
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Armenia begins preparatory work on TRIPP railway and highway project
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.
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Polish PM Donald Tusk accuses Russia of backing opponents amid constitutional crisis
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.
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Non-Performing Loans Account for 3.8% of Uzbekistan Bank Lending
Uzbekistan’s banks reported 25.04 trillion soums in non-performing loans as of 1 October 2026, equal to 3.8% of their total loan portfolio.
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Industrial Lending in Uzbekistan Falls 8.8% Year on Year
Bank loans to Uzbekistan’s industrial sector fell to 133.4 trillion soums by 1 October 2026, despite 13.2% growth in the overall loan portfolio.
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Uzbekistan’s Bank Loan Portfolio Grows 13.2% in a Year
Uzbekistan’s commercial bank loans reached 659.1 trillion soums by 1 October 2026, driven by 19% growth in lending to individuals.
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World rail contract news round-up
A round-up of recent rail industry contract awards around the world, compiled by Railway Gazette International . Austria: DPB Rail Infra Service took delivery of its first Siemens Mobility dual-mode Vectron on October 8. The locomotive is approved for operation in Austria and Germany, expanding the company’s operation…
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UAE prepares for worst-case scenario amid Iran-US tensions
The United Arab Emirates (UAE) hopes that the crisis between Iran and the United States can be resolved peacefully, but is also prepared for a possible escalation.
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Qatari LNG tanker comes under attack in Persian Gulf
The Al Mayeda liquefied natural gas (LNG) tanker, owned by Qatar's Nakilat shipping company, came under attack in the Persian Gulf on the evening of October 30.
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What Changes in Uzbekistan’s Legislation from 1 November 2026
Uzbekistan introduces changes to customs fees, pension services, LPG supplies, public security, business prepayments and mobile advertising from 1 November.
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Australia: Aiming high for ETCS interoperability
With ETCS being rolled out on several suburban networks, Australia has adopted it as the technology pathway for national interoperability in widely differing applications. A regulatory structure has been agreed, while the use of common standards is expected to reduce the need for compatibility testing, as Frank Heibel…
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Farid Rasulov's Long Live, Caspian exhibition opens at Baku's OTAQ gallery
A solo exhibition by Azerbaijani artist Farid Rasulov, titled Long Live, Caspian! (Yaşa, Xəzər!), has opened at the OTAQ gallery in Baku's Icherisheher, exploring the ecological challenges facing the Caspian Sea through contemporary art.
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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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Azerbaijan, Kazakhstan seek to expand cooperation in logistics and AI
Azerbaijan and Kazakhstan are exploring new opportunities to strengthen economic cooperation in logistics, information technology, advanced technologies and artificial intelligence.
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China: Belt & Road brings growth to metro operator
Shenzhen Metro Group has emerged over recent years as an increasingly active player in the development of metro, light rail and suburban projects across a swathe of emerging markets, from Algeria to Vietnam, as Benjámin Zelki explains. Embracing the expansionist ideals of China’s Belt & Road initiative, Shenzhen Metro…
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Suezmax Tanker sales surge 35% amid high VLCC demand
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…
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Georgian Dream making move to ban main opposition parties
Critics say ruling party wants to “formalize one-party dictatorship.”
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Azerbaijan and Turkey: Feud deepens over differences on Israel
Aliyev shows up Erdogan by skipping Turkic summit.
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Uzbekistan Airports Handle 12.66m Passengers in Nine Months
Uzbekistan’s airports handled 12.66 million passengers in January-September 2026, up 13% year on year, while cargo and mail volumes rose 27%.
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Oil prices continue climbing amid escalating Middle East tensions
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...
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Nanchang metro simplifies emergency lighting maintenance
CHINA: The Nanchang metro’s maintenance department has developed an adapter to simplify the replacement of different brands and models of emergency lighting equipment used to help evacuate passengers in the case of a power failure. The operator said stations opened at different times often use different customised lig…
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Dry Bulk Shipping: Escalating attacks on ships heighten uncertainty
“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…
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Spanish MEP: Rail crash not linked to underinvestment
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.
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Protests in Europe expose growing generational divide
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…
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Georgia Dream making move to ban main opposition parties
Critics say ruling party wants to “formalize one-party dictatorship.”