Uzbekistan and Iran considered transit cargo transportation, as the Uzbek Foreign Trade Ministry hosted a meeting with Deputy Minister of Industry, Mines and Trade of Iran Mojtaba Khosrotaj. The sides mulled the current state and prospects of trade and economic cooperation, as well as further cooperation in the field of transport and transit cargo transportation.…
Tallink Grupp says it uses proceeds from the sale of Superfast VII and Superfast VIII for early repayment of loans. Loan taken to finance the purchase of vessel Baltic Princess in 2008 was prepaid on December 22. Loan taken to finance the purchase of vessel Isabelle in 2013 will be prepaid this week. Total amount…
Ukrzaliznytsia seeks to send UAH 18 billion for top priority investment projects, acting Board Chairman of Ukrzaliznytsia Yevhen Kravtsov has said. “We plan to use mainly these funds in 2018 and early 2019,” he said, presenting a plan of priority investment projects in the Cabinet of Ministers of Ukraine. Kravtsov said that the funds would…
The port of Riga handled 31.1 million tons of various types of cargo during the first 11 months of this year. This November was especially successful for the port of Riga, as it was able to handle more than 3 million tons of various types of cargo, displaying one of the highest monthly results this…
During the meeting with Belarusian Minister of Transport and Communications Anatoly Sivak and Lithuanian Minister of Transport and Communications Rokas Masiulis discussed the successfully operating chain of Belarusian cargo transportation using the services provided by the Lithuanian Railways and Klaipeda State Seaport, as well as the outlook of bilateral cooperation in developing the necessary transport…
The Asian Development Bank (ADB) has signed a $14.27 million loan agreement with the government of Georgia to upgrade and improve the Tbilisi metro, which currently benefits over 300,000 commuters daily. “The project will help meet the growing demand for reliable, safe, and efficient sustainable transport – a high priority of the government,” said Yesim…
The plans for the development of rail transport in Uzbekistan include the transportation of foreign trade goods via the Baku-Tbilisi-Akhalkalaki-Kars railway with an opportunity to reach the ports as part of the pilot program. It is planned to participate in the creation of the Azerbaijan-Georgia-Turkey-EU countries transit corridor by determining the volumes of transportation of…