Lemtrans freight forwarding company transported 44.6 million tons of various cargoes from January through September. The company carried 46.5 million tons over the same period in 2015. Lemtrans shipped 17.9 million tons of coal (versus 20.5 million tons YoY), 15.1 million tons of iron ore products (16.4 million tons), 5.6 million tons of ferrous metals…
Azerbaijan’s President Ilham Aliyev has signed a decree on application of the “Law on Amending Tax Code of Azerbaijan” adopted by the country’s parliament on September 30. The amendments stipulate removing the value added tax (VAT) for the goods transshipment services directly related to transit cargo transportation. The VAT rate in Azerbaijan is 18%. Currently,…
Azerbaijan Caspian Shipping CJSC has launched Shahdag ferry for traffic on the Trans-Caspian International Transport Route, the CJSC said in a message. The message says that the ferry has been launched after a major overhaul. Main and auxiliary engines, various systems, steering wheel and other mechanisms, as well as premises and accommodation were modernized during…
Construction of the Turkmen section of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline is conducted at an accelerated pace, the Turkmen government said. A report on the progress of the construction was presented at the enlarged meeting of the country’s Cabinet of Ministers on the results of the nine months of 2016. “We are taking effective steps…
Air Arabia, a low-cost airline of the UAE, is opening direct Sharjah-Baku flights. The launch of flights is a result of joint cooperation between Air Arabia, Azerbaijan Airlines CJSC and the authorities, and is aimed at the development of a new route linking Baku and Sharjah. Air Arabia will start flights from Sharjah International Airport…
Ukraine’s state railway transport administration Ukrainian Railways has blocked entrance and transit through the country to tank wagons of some Russian railway operators, including Sberbank Leasing and SG-Trans, according to the letter of Ukrainian Railways. Besides tank wagons of Sberbank Leasing and SG-Trans, Ukrainian Railways blocked entrance and transit of all cargoes and empty tank…
On October 17-23, Ukraine exported nearly 1 million tons of grains from the seaports, against 506 thousand tons on the previous week. In particular, wheat shipments reached 544 thousand tons, barley – 142.6 thousand tons, and corn – 320.1 thousand tons. (APK-Inform/Business World Magazine)