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Finland Sees Continued Demand for Icebreakers Despite Warming Winters, Citing Security Concerns
Finland expects to operate at least as many icebreakers in the coming decades as it does today, despite rising temperatures and declining average ice coverage in the Baltic Sea. This is the conclusion of a new government-commissioned report that also highlights growing security requirements and changes in the commerci…
Iran Oil Exports Near Zero But Peace Deal Not Likely, FGE Says
Iranian oil exports have dwindled to almost nothing under the US naval blockade, but the chance of an imminent deal between the two sides to end the war is low, according to FGE NexantECA.
Opinion: Kazakhstan’s Mineral Ambitions Depend on Water
At the Shalkiya lead-zinc mine in Kyzylorda Region, engineers have designed a processing plant that could handle four million metric tons of ore a year. To keep it running, a pumping station would send up to 2,400 cubic meters of water back through the plant every hour. Even with that water going round again, the plan…
Uzbekistan Offers to Host Regional UN Counterterrorism Office at Astana Summit
Central Asian leaders and Jordan’s King Abdullah II met on November 6 to discuss how terrorist groups could use artificial intelligence to recruit members, coordinate their activities, and spread propaganda. At the Aqaba Process summit, Uzbek President Shavkat Mirziyoyev offered to host a Central Asian office of the U…
Kazakhstan’s Sunflower Pellet Exports More Than Triple
Kazakhstan’s exports of sunflower husk pellets reached 63,200 metric tons in the first nine months of 2026, 3.56 times the volume shipped a year earlier. The pellets are made by compressing discarded sunflower seed shells for use as fuel. Export revenue increased by 515% to $3.4 million, according to export figures fr…
Kairat Almaty Hold Atalanta to Draw as Kazakh Club’s European Rise Continues
Kairat Almaty secured one of their most impressive European results on November 5, holding Italian side Atalanta to a 1-1 draw in Bergamo in the UEFA Conference League. The Kazakh visitors came close to a famous victory after taking the lead early in the second half. Atalanta, winners of the Europa League in 2024, nee…
Turkish Official Questions Tokayev’s Proposal for OTS Observer Status for Russia
Kürşad Zorlu, a senior official in Türkiye’s ruling Justice and Development Party, has questioned Russia’s eligibility for observer status in the Organization of Turkic States (OTS), citing its language requirements. At the OTS summit in Ankara on October 30, Kazakh President Kassym-Jomart Tokayev proposed inviting Ru…
Middle Corridor: $55 Billion in Investment Needed to Turn a Transit Route into an Economic Corridor
Developing the Middle Corridor, a transport route connecting China and Europe through Central Asia, the Caspian Sea, and the South Caucasus, will require at least $25 billion in infrastructure upgrades by 2040. The World Bank estimates that another $30.5 billion will be needed for complementary investments in logistic…
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…
Women Queue for Kazakhstan’s Umai Mortgages Amid Questions Over Affordability
Women gathered outside a branch of Kazakhstan’s Otbasy Bank in Almaty’s Zhetysu neighborhood early on November 3, hoping to secure mortgages under a program designed to help women buy homes. Some banks drew up waiting lists, which security guards used to control entry, while others argued as the crowd pressed toward t…
Kazakhstan Inflation Expected to Ease in 2027 Despite Higher Spending
The National Bank of Kazakhstan expects inflation to slow in 2027, but less sharply than previously forecast. In September, it raised its forecast to 6.5%–8.5%, up from 5.5%–7.5%, amid concerns about government spending and other pressures. Akylzhan Baimagambetov, the bank’s deputy governor, said on November 5 that th…
Türkiye suspends Turkmen gas imports through Iran as US sanctions complicate energy plans
Türkiye has suspended natural gas imports from Turkmenistan through Iran amid pressure linked to US sanctions, Energy and Natural Resources Minister Alparslan Bayraktar has revealed, raising fresh questions about Ankara's ambitions to become a major transit hub for Central Asian gas supplies to Europe.
Uzbekistan Plans to Double Uranium Production by 2030
Uzbekistan plans to double its annual uranium production to 15,000 metric tons by 2030, up from a projected 7,500 this year, as demand for nuclear fuel grows. Tashkent also wants to expand critical mineral processing to produce more finished goods for export. The development plans , published by the president’s office…
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…
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…
Azerbaijani athletes target medals at Super Sprint Regatta in Georgia
Azerbaijan will be represented by two athletes at the International Super Sprint Regatta in kayaking and canoeing, scheduled to take place in Batumi, Georgia, on November 7.
Kyiv facility, Odessa port targeted in Russian strikes
The Russian Ministry of Defense announced that the Russian Armed Forces carried out overnight drone attacks targeting energy facilities and naval vessels in regions including Kyiv and Odessa.
Azerbaijan-Switzerland trade surpasses $605 million, up 84% since 2024
Trade turnover between Azerbaijan and Switzerland exceeded $605.9 million in January–September 2026, marking a 22.6% increase compared with the corresponding period of last year. According to the State Customs Committee, Switzerland accounted for...
Azeri Light oil prices rise in Augusta and Ceyhan
The price of Azerbaijan's Azeri Light crude oil on a CIF basis at Italy's Augusta port increased by $0.03, or 0.03%, compared with the previous figure, reaching $106.84 per barrel.
Ammonia-Powered Bulk Carrier Takes on Green Fuel in Australian First
Australia has completed its first green ammonia bunkering operation involving an ammonia-powered bulk carrier, marking another step toward bringing alternative fuels into commercial shipping. The operation took place earlier this...
MARAD Approves $1 Billion Offshore Crude Oil Export Port Off Louisiana
The Trump administration has approved a $1 billion offshore crude oil export project off the coast of Louisiana, clearing a major regulatory hurdle for a facility designed to load some...
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…
War Comes to NATO’s Black Sea Coast, and Shipping Starts Saying No
Maritime experts warn that the westward spread of attacks between Russia and Ukraine, toward NATO coastlines, is now having commercial consequences.
Expanding U.S.–Turkmenistan Ties: Envoy and Business Group Visit Ashgabat
Turkmenistan and the United States are working to deepen their economic and diplomatic relationship, with a top American diplomat and a U.S. business delegation visiting Ashgabat this week. The U.S.-Turkmenistan Business Council had announced a semiannual business mission to Ashgabat on November 4–5, a trip that comes…
IMO Backs Dominguez for Second Term Amid Shipping Attacks and Climate Deadlock
The International Maritime Organization (IMO) Council has backed Secretary-General Arsenio Dominguez for a second four-year term, extending its support for his leadership despite the organization’s failure to adopt its landmark...
Maersk’s 26-Ship LNG Order Adds Nearly Half a Million TEU to Newbuilding Pipeline
A.P. Moller-Maersk is pressing ahead with one of its largest containership ordering programs in years, confirming in its third-quarter earnings report that it has ordered 26 LNG dual-fuel vessels with...
Cristiano Ronaldo announces retirement from Portugal national team
Portuguese football superstar Cristiano Ronaldo has announced his retirement from international football.