The Swiss company Risoil S.A. declared its readiness to continue investing in construction of a grain terminal in SE Commercial Sea Port of Chernomorsk, the press-service of the company reported. In 2014 the company started construction of a grain terminal Risoil Terminal. In March the terminal was put into operation, and Risoil launched the first…
Representatives of Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan met in Ashgabat to discuss a draft protocol on cooperation in safety of shipping in the Caspian Sea. The agreement creates a legal basis for cooperation between the parties in the fight against terrorism, organized crime, arms and drugs trafficking, smuggling, human trafficking, illegal immigration, as well…
Board of Directors of the Asian Infrastructure Investment Bank (AIIB) plans to consider the allocation of a loan worth $600 million for the Trans Anatolian Natural Gas Pipeline (TANAP) project in March 2017, the AIIB reported. The AIIB said that the loan would be allocated for the Southern Gas Corridor CJSC. Azerbaijan is one of…
The Infrastructure Ministry of Ukraine is planning to halve port charges. According to the ministry, Ukraine loses because of its overcharged port dues lead to shrinking freight traffic. The ministry is currently working on tariff reduction. The final approval of a new port tariffs and charges technique that would at least halve them is scheduled…
Ukraine’s Cabinet of Ministers is creating an ad hoc working group to analyze the situation in the aerospace sector and draw up mechanisms for increasing its management efficiency, Ukrainian Prime Minister Volodymyr Groysman has said. Groysman, speaking in parliament, knocked at the effectiveness of the aerospace sector management. He said that the sector enterprises with…
On November 15, Konecranes and the Georgia Ports Authority (GPA) celebrated the 1000th RTG crane manufactured by Konecranes. The Port of Savannah took delivery of it in August at the Garden City container terminal. In honor of the occasion, the 1000th Konecranes RTG was specially painted with a “stars and stripes” design, mirroring the U.S.…
Ashgabat is hosting the 47th meeting of authorized representatives of the Caspian littoral states to discuss a draft agreement on cooperation in the field of transportation, the Turkmen government said in a message. The event is attended by the heads and leading specialists of the ministries and agencies of Azerbaijan, Iran, Kazakhstan, Russia and Turkmenistan.…