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Tuesday, February 18, 2020

Kazakhstan News

(Photo: Dachser)

Can the New Silk Road Compete with the Maritime Silk Road?

China’s president Xi Jinping refers the Belt and Road Initiative, aka the New Silk Road, as the “Project of the Century” and according to a recent Bloomberg article, Morgan Stanley anticipates Chinese investments will total $1.3 trillion by 2027. In addition, more than 150 countries and international organizations have committed to invest in the project as well with infrastructure enhancements, such as roadways and power plants. But will this New Silk Road ever really compete with the firmly established Maritime Silk Road?Bernhard Simon…

Image: P&O Ferrymasters

P&O Ferrymasters Expands in Turkey

European providers of transportation and logistics services P&O Ferrymasters has announced plans to open five new offices across Turkey over the next two years as it continues the expansion of its pan-European logistics services into Asia.In addition to its existing base in Istanbul, P&O Ferrymasters will develop a comprehensive network across the strategically vital country by opening offices in Izmir on the Aegean coast, the capital city Ankara, Mersin on the south coast, Bursa in the Marmara region and Gaziantep near the border with Syria.Murat Bog…

Pic: Rystad Energy

Oil Majors to Raise $27Bln in Selling Spree

Global giants of the oil and gas industry – the so-called supermajors – are looking to sell assets that could fetch a total of $27.5 billion, according to Rystad Energy’s latest assessment.These companies are actively shedding mature assets on a massive scale in a bid to finance higher-yielding investments elsewhere, with the added benefit of pleasing shareholders who are calling for stricter capital discipline.“The expected transactions mean some of the majors are poised to exit certain regions…

Pic © Deutsche Post DHL Group

DHL Intros Fastest China-Germany Intermodal

DHL Global Forwarding, the ocean freight specialist of Deutsche Post DHL Group, is introducing the fastest rail freight connection between China and Germany in response to growing demand for rail freight services between Europe and Asia.The new rail service, operating between Xi’an in China and Hamburg and Neuss in Germany, has been set up in cooperation with Xi’an International Inland Port Investment & Development Group Co. Ltd. and is cutting transit time from 17 days to between…

Image: Hyundai Heavy Industries

Hyundai Seeks EU's Ok to Acquire Daewoo

South Korea’s leading shipbuilding conglomerate Hyundai Heavy Industries (HHI) Group has submitted an application to the European Union for approval for its takeover of the compatriot shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME).According a Yonhap report,  HHI informed that the submission will be reviewed by anti-trust authorities at the European Commission, expecting the results of their call in 2020.Hyundai Heavy has been taking prerequisite steps since April to apply for the EU’s mergers and acquisitions approval.In March…

Photo: Azerbaijan Caspian Shipping Company (ASCO)

Azerbaijan Launches Feeder Service in Black Sea

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, the growth in the number of vessels and the regularity of sailings on the line is also expected.Tbilisi, the capital of Georgia, hosted  general meeting of an association of legal entities – the Trans-Caspian International Transport Corridor International Association.Rauf Valiyev…

Photo: Damen

Damen Delivers Stan Tug to Caspian Offshore

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 vessel – named Caspian Flora – underway to the client just six weeks following contract signing.The vessel was built at Damen Shipyards Changde in China, to a design that has proven enormously successful, with over 80 sold in the last fifteen years alone.

File Photo: Belt and Road Initiative, State Information Center

New China-Europe Intermodal Route Opened

Marking the opening of a new China-Europe freight train route a freight train left Xi'an, capital of northwest China's Shaanxi Province, heading for Bishkek, capital of Kyrgyzstan.According to a report in Xinhua, the train consists of 42 containers loaded with laptops, LED panels, green tea and other products manufactured in Hunan province.With this service, Zhuzhou has become the third city in Hunan Province to open international freight train route to Europe after Changsha and…

Photo: Azerbaijan Caspian Shipping Company

Tajikistan to Expand Multimodal Shipping

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 discussed various cooperation issues in the field of multi-modal shipping, including transit cargoes by sea transport.The event was attended by representatives of Azerbaijan, Turkey, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Pakistan…

DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem with Kazakhstan’s Prime Minister Askar Mamin in Astana. Photo by DP World

DP World to Invest in Kazakhstan Ports

The global port operator are in discussions with Kazakhstan government to invest in new infrastructure in the country’s ports and logistics sectors.The potential of DP World investing in new infrastructure in Kazakhstan’s ports and logistics sectors was the focus of discussions between global trade enabler DP World’s Chairman and CEO Sultan Ahmed Bin Sulayem and Kazakhstan’s Prime Minister H.E. Askar Mamin in Astana today.This follows the signing of two framework agreements with…

Pic: CPC Marine Terminal

CPC Marine Terminal Loads 500 MT of Kazakh Oil

Half a billion tones of oil delivered by Kazakhstani Shippers to the Tengiz-Novorossiysk crude pipeline since the commencement of operation of CPC pipeline system was lifted from the Marine Terminal of Caspian Pipeline Consortium on November 17, 2018.The “milestone” ton was loaded on the ALEKSEY KOSYGIN tanker, said a press release from the CPC pipeline system, which mainly collects crude oil from large oil fields of West Kazakhstan, as well as crude oil from Russian producers.The first tanker was loaded at CPC Marine Terminal near Novorossiysk (near Yuzhnaya Ozereevka.

Axel Mattern, Joint CEO of Port of Hamburg Marketing, and Egidijus Lazauskas, Deputy Director-General and Director Freight Traffic for Lithuanian Railways, have signed a Memorandum of Understanding in Vilnius to strengthen cooperation on the routes to and from the Port of Hamburg. Photo: Hafen Hamburg Marketing

Port of Hamburg, Metrans Group Join for Intermodal

The Port of Hamburg and Metrans Group are intensifying their links with Lithuanian Railways. Axel Mattern, Joint CEO of Port of Hamburg Marketing, and Egidijus Lazauskas, Deputy Director-General and Director Freight Traffic for Lithuanian Railways, have signed a Memorandum of Understanding in Vilnius to strengthen cooperation on the routes to and from the Port of Hamburg.In addition, Hamburger Hafen und Logistik AG - HHLA’s intermodal subsidiary Metrans, and Lithuanian Railways signed a Letter of Intent to promote and improve cross-border freight flows.For years…

© Igor Strukov / Adobe Stock

Vietnam May Recall Wheat Re-exports

Vietnam could recall an order that goes into effect on Nov. 1 that requires companies to re-export wheat cargoes containing cirsium arvense seeds, known as Canada thistle, the government said on Wednesday.Vietnam, whose main wheat suppliers include Russia, Australia and Canada, has been battling with imports contaminated with thistle seed since May. The government is concerned that the contaminated cargoes could cause the Canada thistle weed to spread across the country and potentially harm domestic crop yields.Last month…

Prelude. Photo: Shell

LNG Report: Floating Liquefaction & Regasification

International Maritime Associates has completed a 12-month study of the global market for floating gas liquefaction plants and floating LNG regasification terminals. The 150+ page study, published by World Energy Reports, is the most detailed analysis yet made of this growing business sector. Project Success EvaluationThe IMA study is the first professional effort to systematically look at the universe of FLNG and FSRU projects in the planning stage – and categorize the likelihood of each making the development investment hurdle.

© Alexey Lesik / Adobe Stock

Vietnam Could Halt Certain 'Dangerous' Wheat Imports

Vietnam might halt imports of wheat cargoes containing cirsium arvense, or thistle seed, while suggesting local importers should seek supplies from Kazakhstan, Australia and Argentina, local media reported on Thursday.Wheat importer Vietnam, whose main suppliers include Russia, Australia and Canada, has been battling with imported wheat contaminated with thistle seed since May and has sought measures to stop the issue.From Nov. 1, cargoes containing cirsium arvense will be re-exported…

© pillerss / Adobe Stock

Oil Shipments From Georgia's Batumi Drop 45%

Oil and oil-related shipments from Georgia's Black Sea port of Batumi fell by 45.3 percent in the first eight months of 2018 from a year earlier, an official at the KazMunaiGas operated terminal said on Monday.Some crude oil has been re-routed to the Baku-Tbilisi-Ceyhan pipeline and to the Caspian Pipeline Consortium this year, the official added, while some fuel oil has been sent to the port of Taman in Russia and Georgia's other Black Sea port of Kulevi.The fall is partly because Azerbaijan prefers to send its oil through the pipeline or by rail in Georgia via its own terminal in Kulevi, rat

Photo: Port of Antwerp

Silk Road Train Arrives at Antwerp Port

The first Silk Road train exclusively destined for Antwerp has arrived. The freight train, which had left the Chinese port of Tangshan on 26 April, was officially welcomed today in the port of Antwerp. This direct railway link between China and Antwerp is part of the transnational Chinese ‘Belt and Road Initiative’, with which China seeks to revive the trade routes of the old Silk Road from Asia to Europe. The train is part of the 'Belt & Road Initiative' (BRI), the ambitious development programme of Chinese President Xi Jinping.

Photo:  International Maritime Organization (IMO)

Monitoring and Enforcement of Ballast Water Convention

Identifying organisms and microbes in ballast water, as well as monitoring port marine life where ballast water may be released, are key for countries preparing to enforce International Maritime Organization (IMO)'s Ballast Water Management Convention. The treaty entered into force globally on 8 September 2017 and aims to counter the threat to marine ecosystems by potentially invasive species transported in ships' ballast water. A regional workshop in Batumi, Georgia (3-5 July)…

Photo: United Nations Environment Programme

Caspian Littoral States Sign Environment Protocol for the Sea

Littoral countries to the Caspian Sea have made a groundbreaking commitment to evaluate the likely impact that development projects will have on the environment in each other’s states.High-level representatives from Azerbaijan, Iran, Kazakhstan, the Russian Federation and Turkmenistan today signed the Environment Impact Assessment Protocol under the Tehran Convention.Under the Protocol, countries must follow a set of harmonized practical procedures for assessing the impact that a project will have on the environment in another state.Impacts on human health…

Images: Azerbaijan Caspian Shipping

Kuryk Port Opens New Ferry Complex

Kuryk port, located in the Mangystau region of Kazakhstan, has opened its new ferry complex.Officials of relevant government agencies and representatives of private companies from Georgia, Turkey, Turkmenistan, Iran, China, Russia, Uzbekistan, Tajikistan, Kyrgyzstan and Azerbaijan attended the event with the participation of the President of Kazakhstan Nursultan Nazarbayev.The Kuryk port is located on the Trans-Caspian International Transport Route and plays an exceptional role in increasing freight traffic in this direction.

Lines of the Trans-Siberian Railway, from Library of Congress at loc.gov.

Japan, Russia Join for Trans-Siberian Rail Transportation

Japan and Russia plan to officially develop a freight transport route between the two countries via the Trans-Siberian Railway, the Yomiuri newspaper reported.The report said that the two governments aim to foster mutual economic cooperation by energizing the “third distribution channel,” after sea and air routes.Now cargo between Japan and Russia are delivered mainly either by air or by sea. According to the Japanese Ministry of transport, terms of delivery of goods by sea ranged from 53 to 62 days.

© kaetana / Adobe Stock

Oil Shipments From Georgia's Batumi Port Down 34%

Oil and related shipments from Georgia's Black Sea port of Batumi in January were down 34 percent from a year earlier, an official at the terminal, operated by Kazakh KazMunaiGas , said on Thursday. The official gave no reason for the fall, but state company KazMunaiGas continued to reroute some shipments to the Baku-Tbilisi-Ceyhan pipeline this year. January shipments of crude oil and refined oil products from Batumi totalled 108,464 million tonnes, down from 164,218 tonnes a year earlier and 221,210 tonnes in December, said the official, who asked not to be identified.

Hardy Takes Over as Vitol CEO

Ian Taylor, who helped build Vitol into the world's biggest oil trader, will step down as chief executive and continue as chairman, the company said on Friday, naming a long-time ally and insider, Russell Hardy, as the new group CEO. Taylor said two years ago he was battling cancer although he continued to travel the world, chasing deals from Africa to the United States and Australia while also working as chairman of the board of trustees for London's Royal Opera House. Hardy…

WTO: Concern Over US Tariffs

WTO members expressed concern over the United States’ imposition of higher tariffs on steel and aluminium imports and the impact they may have on the global trading system at a meeting of the Council on Trade in Goods on 23 March, the same day the new US measure came into effect. The US responded by saying that the tariffs are necessary to address the threat these imports pose to national security. Over 40 members - including the 28 members of the European Union - took the floor…

Photo: DP World

DP World to Develop Kazakhstan's Special Economic Zones

Dubai Ports (DP) World, the global port operator of the United Arab Emirates (UAE),   and the government of Kazakhstan signed two framework agreements in Abu Dhabi today relating to the acquisition, governance and management of Special Economic Zones (SEZ) in Aktau and Khorgos. DP World has been providing management services to the Port of Aktau, Kazakhstan’s main cargo and bulk terminal on the Caspian Sea, and Khorgos SEZ, which is strategically situated on the China-Kazakhstan border and has been acting as the primary transit point for trans-Eurasian cargo trains for more than four years.

© stdemiriz / Adobe Stock

Turkmenistan Seeks to Tap into East-West Cargo Flows with New Seaport

Turkmenistan on Wednesday opened a new $1.5 billion cargo and passenger seaport on the Caspian Sea aiming to boost its export revenues by handling shipping traffic between Asia and Europe.The Central Asian country's main source of hard currency is its gas exports, which took a hit when Russia, once its main customer, stopped all purchases in 2016 after a pricing dispute.The port, in the city of Turkmenbashi, will more than triple Turkmenistan's cargo handling capacity to 25-26 million tonnes a year…