Tag Archives: shipping

First shipment from Kazakhstan arrives in Baku

Cargolux Airlines International gets Turkmen permission

JUNE 27 2016 (The Conway Bulletin) – Luxembourg-based logistics company Cargolux Airlines International has received permission from the Turkmen government to increase the number of flights to Turkmenbashi, a transport hub on the Caspian Sea shore. Since July 2015, Cargolux has connected Luxembourg City and Turkmenbashi with eight flights per week.

ENDS

(News report from Issue No. 287, published on July 1 2016)

Turkmenistan discounts Turkish cargo

MARCH 29 2016 (The Conway Bulletin) – The Turkish International Transport Association said Turkmenistan has started applying a 20% discount on “roll-on, roll-off” shipments of goods coming in from Azerbaijan since March 3. The discount on the fee has already helped boost Turkish-Turkmen trade relations according to the Association chief Fatih Sener. As it eyes markets for its gas, Turkmenistan is trying to improve relations with Turkey.

ENDS

(News report from Issue No. 274, published on April 1 2016)

The Azerbaijan Caspian Shipping Company expands

NOV. 18 2015 (The Conway Bulletin) — The Azerbaijan Caspian Shipping Company said it had opened a subsidiary company, called Caspian Marine Service, in Russia’s Astrakhan to take advantage of the area’s economic free zone. Trade around the Caspian Sea has generally increased over the past few years. Azerbaijan, Kazakhstan and Turkmenistan have all increased their ports’ capacities.

ENDS

(News report from Issue No. 257, published on Nov. 20 2015)

Azerbaijan orders ferries for the Caspian

OCT. 5 2015 (The Conway Bulletin) – An Azerbaijani shipping company is ordering three passenger ferries to run a new route across the Caspian Sea, evidence that the Caspian is becoming an important transport route for people and goods. Media quoted Azerbaijan Caspian Shipping Company as saying that each ferry would carry 80 people.

ENDS

(News report from Issue No. 251, published on Oct. 9 2015)

Turkmenistan appoints agent to check on Caspian Sea project

APRIL 2 2015 (The Conway Bulletin) – Construction of the Turkmenbashi International Sea Port on the Caspian Sea has been ongoing since 2013 but the Turkmen authorities have only just officially appointed a controlling agent to check on progress of the project, according to press reports.

The Italian company Rina Services have now been made the official controllers of the project.

The Turkmenbashi International Sea Port is a crucial piece of infrastructure for Turkmenistan as it should open it up further to Europe.

Inaugurated in August 2013 by Turkmen President Kurbanguly Berdymukhamedov and Turkey’s Recep Erdogan, then PM and now president, the new Turkmenbashi port is being built by the Turkish company Gap Insaat for $1.5b.

Rina Services will be awarded $10m to act as the controller, a key third-party role to check the progress and the execution of the project.

The company, based out of the port city of Genoa, has certified Dragon Oil’s pipelines in Turkmenistan and is also active in Kazakhstan, where it audits and supervises Kashagan’s D-Island.

Michele Francioni, CEO at Rina Services, told the Italian financial newspaper Il Sole 24 Ore: “(Rina Services) has had a presence there [Turkmenistan] for some time with deeply rooted local organisations.”

According to the plan, construction should be completed by 2017 . The port should facilitate east-west trade.
ENDS

(News report from Issue No. 226, published on April 8 2015)