Azerbaijan and Iran will discuss the second stage of implementation of the International North-South Transport Corridor, Azerbaijani Economy Minister Shahin Mustafayev said. The first stage of implementation of the North-South transportation corridor is nearly completed, said the minister. “We are already completing the construction of the railway to the Iranian border and the railway bridge…
Turkmenistan’s President Gurbanguly Berdimuhamedov has given instructions to the State Migration Service to ensure the realization of measures related to the country’s accession to the International Civil Aviation Organization’s Public Key Directory (ICAO PKD), the Turkmen government said in a message. Under the document, the decision was made in order to guarantee the security of…
The Ukrainian Infrastructure Minister has approved of a financial plan of Ukrzaliznytsia PJSC for 2017 to prevent the company’s shutdown, although it is “obviously weak”, the ministry’s press service stated on its Facebook page. “The financial plan is obviously weak. It does not reflect the full range of the company’s focus areas for the next…
On December 17-23, Ukraine exported 761.5 thousand tons of grains from the seaports against 670.1 thousand tons on the previous week. In particular, wheat shipments reached 322.2 thousand tons, corn – 349.3 thousand tons, and barley – 90 thousand tons. (APK-Inform/Business World Magazine)
Estonian Maritime Administration continues its work on a push to attract shipping firms to register their ships in Estonia by offering e-registration and a reduced tax burden. Even though the Maritime Administration has been working out the plan for more than four years, progress could be reached after Estonian Prime Minister Juri Ratas announced that…
Nibulon, one of Ukraine’s largest grain production and trading companies, will receive a 71 million euros loan to help improve its infrastructure as part of a 600 million euros loan package announced by the European Investment Bank (EIB) on December 19. The financing will foster a multi-scheme investment at Nibulon focused on creating a more…
Freeport of Riga Authority says 33.3 million tons of cargo was handled at Riga port during 11 months of the current year, down by 8.6% YoY, while total cargo turnover decrease compared to last year continues to decline. November has been successful for the port of Riga in coal segment – 1.1 million tons of…