The management of “Ukrainian Railways” intends to discuss with colleagues from Georgia and Azerbaijan cargo tariffs through the territory of countries in the framework of the project “Silk Road”, Ukraine’s Infrastructure Minister Vladimir Omelyan said. Ukraine launched the first experimental train from Ilyichivsk on January 15, to China, which was to run through Georgia, Azerbaijan…
Azerbaijan’s state oil company SOCAR will issue US dollar bonds for Azerbaijani citizens from September 20, said the company’s website. The bonds will be on sale till October 10. The nominal value of each bond is $1,000. The annual bond yield is 5%. Interest income is not taxable and will be paid quarterly. The bonds…
The attraction of new cargo flows and opportunities of investing into port infrastructure have been discussed by representatives of large South Korean companies POSCO and POSCO Daewoo and top managers of Chornomorsk port (earlier Ilyichivsk seaport, Odessa region). The port’s press service reported that at a meeting on September 8, Port Director Serhiy Kryzhanovsky pointed…
The Star oil refinery in Turkey owned by the Azerbaijani state oil company SOCAR plans to complete construction of the oil receiving marine terminal before late 2016, Director General of the refinery Ibrahim Palaz said. “All the major work concerning the terminal will be completed until the end of 2016”, Palaz said. “The two other…
Ukraine would be able to earn from $200 million to $400 million from privatization of state-run enterprise Ukrspyrt, Agricultural Policy and Food Minister of Ukraine Taras Kutoviy said. “If my team manages to do this, we would be part of history for sure. We have all legal mechanisms for this. I think that the state…
AS Tallink Grupp says it is going to carry out rerouting of cruise ferries on 2 routes, placing Baltic Queen from Tallinn-Helsinki to Tallinn-Stockholm route and Romantika to Riga-Stockholm route. Tallinn-Helsinki cruise service will be operated by the upgraded Silja Europa. According to Margus Hunt, the Sales and Marketing Director of AS Tallink Grupp, the…
In January-August Neva-Metal CJSC (stevedoring company of Severstal) handled about 2.1 million tons of cargo, which is similar to the result of January-August 2015, the company reported. Container throughput totaled about 64,000 TEUs. CJSC Neva-Metal is a part of a transport division of Severstal Russian Steel of Severstal Group. Neva-Metal specializes in transshipment of containerized…