The issue of state-owned ports assignment to private investors has been discussed in Ukraine for several years, but it was not clear which pattern of interrelation with private investors the state will choose – privatization or concession, or perhaps something else. However, it was clear that something had to be done. Many market participants tend…
Ukraine International Airlines offers passengers of charter flights to take advantage of a vast selection of additional travel options. Effective as of October 24, when booking tickets at travel agencies passengers of all UIA charter flights are provided with an opportunity to purchase the following additional services: – Pre-paid Baggage: UIA offers passengers who would…
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…