United Arab Emirates' Abu Dhabi Ports will help Kazakhstan to build a tanker fleet in the Caspian Sea, reducing the former Soviet republic's dependence on Russian transit, Kazakh state oil company KazMunayGaz said on Tuesday.KazMunayGaz and Abu Dhabi Ports have agreed to set up a joint venture, it said, adding that it will also help to support offshore upstream projects and look into buying container ferries and dry bulk carriers…
The Nordlotus sailed from Turkey's Ceyhan oil export hub loaded with Azeri crude on Monday, the first such shipment since earthquakes hit the region on Feb. 6, ship-tracking data showed and a trading source said.The tanker carried 682,500 barrels of oil and began loading on Feb…
Azerbaijan Caspian Shipping Company (ASCO) considers environmental protection as one of the key criteria for sustainable development, claimed the company.ASCO constantly pays attention to minimizing the environmentally negative impact of oil sludge…
Dan-Bunkering has announced the employment of four new bunker traders for the office in Dubai: Shiwei Liao, Elise Huang, Farid Babayev, Jinu Jagan.The latest hiring makes the Middle Eastern office the largest office of the Dan-Bunkering group in terms of number of traders…
The Port of Baku, Austrian ÖBB Rail Cargo Group and Cabooter Group (NL) signed an agreement to strengthen and expand the freight traffic from Europe to Central Asia and China via the Trans-Caspian International Transport Route (Middle Corridor)…
DSC Dredge, LLC wins bid for a new, non-propelled, cutter suction head dredge solicited by The Marine Design Center (MDC) of the U.S. Army Corps of Engineers (USACE) earlier this month. When completed, the new cutter suction head dredge will operate out of Astara…
Topaz Energy and Marine, the offshore support vessel company providing marine solutions to the global energy industry, and ABS have, together with the State Maritime Agency under the Ministry of Transport, Communications and High Technologies of the Republic of Azerbaijan (ASMA)…
The Azerbaijan Caspian Shipping Company (ASCO) will launch a test voyage of a feeder vessel along the Black Sea container route Batumi-Constanta by September 20.The vessel will sail every 10 days (3 times a month). If cargo volumes increase…
Revenue of Topaz Energy and Marine of the United Arab Emirates (UAE) for the six-month period of 2019 was $235 million, an increase of 56% compared to H1 2018.Dubai-based offshore vessel operator’s first-half net income also surged to $42 million…
Caspian Offshore Construction has recently taken delivery of a Damen Stan Tug 1606 ICE class in Kazakhstan. The company turned to Damen when a contract they secured required fast delivery of a small ice class vessel.Damen was able to have the…
Iran's Amirabad port is attracting huge investments - 239 companies already committed investments, 13 of which are being under construction with 6700 billion Rials ($160mln ) worth of investment.“A new transit corridor will be formed on the axis of Amirabad - Dogharoon - Chabahar”…
Azerbaijan Caspian Shipping Company (ASCO) has hosted a meeting with the guests from the United States of America.The meeting was attended by Robert Sekuta, former US Ambassador Extraordinary and Plenipotentiary to Azerbaijan in 2015-2018, former Read Admiral Ron MacLaren…
The 14th Meeting of the Railway Leaders of the Economic Cooperation Organization (ECO) and the 8th Meeting of the Railway Committee of the Transport Coordination Council of the ECO (TTCC) was held in Dushanbe, Republic of Tajikistan.The meeting…
The leading companies operating in the city of Venlo in the Dutch province of Limburg, which is one of the largest logistics and transport hubs in Europe, have started cooperation with Baku International Sea Trade Port CJSC.Last week, a Memorandum…
Exports of Turkmen oil via Russia's Black sea port of Novorossiisk will resume in February, four market sources said.Turkmenistan stopped transit of its oil via Russia in 2016 and has been exporting all its crude via the Azeri Caspian port of Baku…
