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Azerbaijan's construction sector loan portfolio jumps 82% in nine months

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.

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.

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.

Hazar Logistik, Gebrüder Weiss discuss cargo transit via Turkmenbashi port

India’s HPCL Struggles to Secure Oil Tankers as Hormuz Risks Persist

Hindustan Petroleum Corporation Limited (HPCL), a major Indian state-owned refiner, is struggling to hire tankers to transit the Strait of Hormuz and pick up cargoes in the Gulf, chairman Vikas Kaushal has told Bloomberg. Despite the recovery of crude oil flows from the Gulf via Hormuz to nearly pre-war levels, buyers…

Uzbekistan seeks to deepen railway cooperation with US-based Wabtec

China’s Carbon Emissions Plunge 3.1% as Oil Demand Slumps

A decline in fuel use in China’s industrial sector has led to a 3.1% decline in carbon dioxide emissions in the third quarter of the year, the Finnish climate outlet Centre for Research on Energy and Clean Air has reported, as cited by Reuters. The lower emissions from the world’s largest generator of CO2 resulted fro…

Oil Prices Head for 12% Weekly Loss Despite Fresh Tanker Attacks

Crude oil prices were on course for a sharp weekly drop, with both Brent crude and WTI shedding 12% since Monday, following the results of the U.S. midterm elections, which gave rise to hopes that the war in the Middle East could be brought to a swift end. At the time of writing, Brent crude was trading at $99.42 per …

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.

US and Turkmenistan Explore New Gas Routes Across the Caspian

US and Turkmen diplomats focused on expanding trans-Caspian connectivity and promoting energy export diversification during annual consultations in Ashgabat. Turkmen officials are signaling a strong desire to improve trade ties with both South Asia and the West, while maintaining the country’s long-standing status as …

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.

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.

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.

Urban Outfitters seeks material cost visibility from expanded technology suite

The parent of several retail brands is tacking on additional features to its current production lifecycle management platform to improve supply chain efficiency.

KTZ Express ships cargo from Kazakhstan to Mexico via Azerbaijan using TITR

Uzbekistan's TMK urges wider use of Trans-Caspian route for mineral exports

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.

Logitech launches supply chain decarbonization program

The computer peripheral manufacturer’s Chain Reaction initiative will start with 17 suppliers pooling purchasing power to collectively buy renewable electricity.

Iran Reports More Tanker Fires in Strait of Hormuz

Two oil tankers and a tugboat caught fire in the Strait of Hormuz, Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Thursday, as Iran continues to report a growing number of incidents with vessels trying to transit the Strait on routes unauthorized by the Islamic Republic. One of the oil tankers hit a naval min…

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.

Bucharest to host Caspian-Black Sea green energy corridor talks

Uzbekistan, China's Tianjin discuss railway-linked business cooperation

EU Survey Reveals Massive Support for Renewable Energy Transition

A majority of European Union citizens are in favor of an accelerated transition away from oil and gas and into alternative energy sources and transport electrification, a survey conducted by the European Investment Bank has shown, as reported by Reuters, which got an exclusive look at the survey. According to the surv…

UN urges environmental safeguards in Caspian transport planning (Exclusive)

CSTO May Consider Measures Against Armenia Over Unpaid Fees

The Collective Security Council of the Collective Security Treaty Organization (CSTO) may consider invoking Article 25 of the CSTO charter against Armenia if a corresponding agenda is approved, CSTO Secretary General Taalatbek Masadykov told reporters on the sidelines of the 4th Minsk International Conference on Euras…

UAE Weighs Plans for Third Strait of Hormuz Bypass Pipeline

The United Arab Emirates currently operates one crude export pipeline that bypasses the Strait of Hormuz and announced earlier this year that it was building a second. A third pipeline is reportedly being planned to further expand crude capacity and reroute energy flows around Hormuz, reducing exposure to Iranian disr…

USTR urged to permanently suspend China-linked ship fees

Stakeholders such as the World Shipping Council and the National Retail Federation are concerned fees will “add another cost layer to an already strained transportation system.”

Razi Customs ranks third in Iran for rail freight transport

Can ‘BattMan’ secure the US battery manufacturing supply chain?

The Energy Department’s Battery Manufacturing Accelerator aims to plug gaps in domestic material and component supplies over the next few years as U.S. battery demand looks set to quadruple.