Federal Freight, a unit of Russian Railways, plans to lease around 16,000 rail cars from VEB-Leasing for five years to substitute its written-off fleet. The deal will become part of a big cooperation agreement between Vnesheconombank (VEB) and Russian Railways, which is planned for signing, and in the future, the sides will develop cooperation in…
Belarus’ cargo traffic by all means of transport reduced by 4.5% YoY in January-August to 285.566 million tons, the National Statistics Committee of Belarus (Belstat) said in a report. Cargo transportation by railways in January-August stood at 81.602 million tons (down by 5% YoY), including transit cargo traffic – 20 million tons (down by 22.3%).…
The U.S. Department of Transportation has granted Ukrainian operator Antonov Company (Antonov Airlines) broad air charter exemptions for flights to and from the US. These exemptions follow the U.S.-Ukraine Open Skies agreement, concluded on July 14, 2015, and became effective earlier this year. The U.S. DOT has also tentatively granted Antonov Company a foreign air…
FESCO Transportation Group and Rusagro Group have signed an Agreement of intent to arrange a special-purpose technology based on the Vladivostok Commercial Sea Port (part of FESCO Group) infrastructure to handle export agricultural products, FESCO says in a press release. The agreement is intended to optimize the supply logistics of Rusagro goods to the Asia…
Bulgaria confirms great interest in the implementation of the Southern Gas Corridor project, designed to transport Azerbaijani gas to Europe, Zhecho Stankov, Bulgarian deputy energy minister, said. Stankov made the remarks at the meeting of the Azerbaijani-Bulgarian intergovernmental commission on economic cooperation in Baku on September 29. (Trend/Business World Magazine)
Public joint-stock company Ukrzaliznytsia is testing TE33€ freight diesel locomotive made by General Electric Corporation (the United States). “The General Electric’s locomotive is being tested in Ukraine. The tests will last for four months. All its capabilities will be tested”, Ukrainian Infrastructure Minister Volodymyr Omelyan said at the presentation of the locomotive in Kyiv. He…
The construction of the Trans Adriatic Pipeline (TAP), which is aimed at transporting Azerbaijani gas to Europe, is underway. TAP tweeted on September 28, that over 30 kilometers of steel pipes had already been strung along TAP’s route in Greece and Albania. TAP project envisages transportation of gas from the Stage 2 of development of…