According to Rufco Company, in the Azov Sea basin grain freight rates have strengthened. Grain supply for transportation from Russian part of the basin increased gradually. Besides, some recovery of grain shipments from the ports of Volga and Don (in the direction of Iran and Turkey) was observed in the market. As a result, outflow…
A new ferry complex in Kazakhstan’s Kuryk port will start cargo transshipment by the 25th anniversary of Kazakhstan’s Independence, the country’s Prime Minister Karim Massimov wrote on Twitter on August 9 Kazakhstan will celebrate 25th anniversary of Independence on December 16. As of today, ferry transportation from Kazakhstan to other Caspian littoral states is possible…
Turkey’s Foreign Minister Mevlut Cavusoglu has offered to connect the Turkish Stream pipeline, which is being developed by Russia, to the Trans-Anatolian Natural Gas Pipeline (TANAP), via which Azerbaijani gas will be delivered to Europe in 2020. Cavusoglu said Ankara would buy only 16 billion cubic meters of Russian gas per year via the Turkish…
Seoul’s aerospace research institute confirmed that the Russian Angara-1.2 carrier rocket would put the South Korean KOMPSAT-6 satellite, also known as the Arirang 6, into orbit in 2020. Earlier this month, Roscosmos space corporation said in a statement that the KOMPSAT-6 multipurpose satellite would be launched using Russia’s Angara-1.2. “The ILS Angara 1.2 vehicle was…
The leasing company “Ilyushin Finance Co”. (IFC) has reduced the number of ordered Bombardier CS300 from 32 to 20 aircrafts. The delivery is expected in late 2018. The parties explain this adjustments differently. According to Bombardier’s opinion Russian customers consider new market’s demands, but IFC refers to the Canadian export agency, which hasn’t provided cheap…
VIM Airlines is set to add a maiden A330-200 to its fleet. Formerly in service with EVA Air it was ferried from Lourdes/Tarbes to Dublin Int’l earlier this month for painting and maintenance ahead of its delivery to Russia. The aircraft is owned and managed by SMBC Aviation Capital. VIM Airlines operational fleet currently entails…
At the beginning of the new 2016/2017 season Ukrainian grain market faced an unusually high demand for railroad transportation. Due to falling competitiveness of road transport for grain exports, an increased load on railway network revealed problems in grain infrastructure. This once again proves the need for further development and modernization of transport and logistics…