Transport
War-risk insurance cannot remove every obstacle to a shipping voyage
Loss protection, crew safety and route readiness address different problems. The Strait of Hormuz illustrates the limits of insurance as a shipping solution.
Top Stories
IRGC reports fires on two tankers in the Strait of Hormuz
Iranian media, citing the IRGC navy, report explosions and fires aboard two tankers near the southern coast of the Strait of Hormuz.
Cargo insurance in Asia and the risks of port accumulation
Claims assessment must also distinguish when damage was discovered from what caused it.
UKMTO reports a bulk carrier incident in the Gulf of Oman
Ship operators are advised to review current maritime security information.
UK ambassador highlights Nakhchivan rail links as a cooperation opportunity
Duncan Norman linked the region’s prospects to transport infrastructure and the Middle Corridor.
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Section: Transport
Transport
War-risk insurance cannot remove every obstacle to a shipping voyage
Loss protection, crew safety and route readiness address different problems. The Strait of Hormuz illustrates the limits of insurance as a shipping solution.
Transport
IRGC reports fires on two tankers in the Strait of Hormuz
Iranian media, citing the IRGC navy, report explosions and fires aboard two tankers near the southern coast of the Strait of Hormuz.
Transport
Cargo insurance in Asia and the risks of port accumulation
Claims assessment must also distinguish when damage was discovered from what caused it.
Transport
UKMTO reports a bulk carrier incident in the Gulf of Oman
Ship operators are advised to review current maritime security information.
Transport
UK ambassador highlights Nakhchivan rail links as a cooperation opportunity
Duncan Norman linked the region’s prospects to transport infrastructure and the Middle Corridor.
Transport
Caspian ships warned of waves up to six metres on November 8-9
A maritime warning forecasts strong winds; it does not announce a blanket halt to shipping.
Transport
Baku Metro steps up holiday operations through November 10
Extra staff are deployed at central stations, with peak intervals of 2.5 to 3 minutes on the main route.
Transport
Azerbaijan approves special-communications delivery tariffs for organizations
The rates apply to non-budget-funded organizations using the specific service; they are not general consumer postal prices and exclude VAT.
Transport
AYNA names operators for bus routes from Baku to Quba, Qusar and Khudat
One operator won two northern routes. The agency also announced the winners for Zaqatala services and suburban bus route 567.
Transport
Azerbaijan’s bus terminals to operate in holiday mode from November 6 to 10
Operators have been told to maintain scheduled services and observe approved fares. Online tickets are available for 97 routes serving 61 destinations.
Transport
Baku port cut vessel handling to five hours. A shipment runs on a different clock
Handling takes four to five hours, while the crossing to Kuryk alone takes about 18 in good weather. Neither figure measures end-to-end freight delivery.
Transport
EV charging from Baku to Ganja and Guba: five stops with published power ratings
Five stops, two routes: operators list different connectors, power ratings and prices. A 30 kWh top-up at the selected locations costs AZN 8.10 to AZN 9.00.
Transport
Kazakhstan asks Russia about restarting Druzhba oil shipments to Germany
Energy Minister Erlan Akkenzhenov said Astana had submitted a formal request. No restart date or shipment volume has been agreed.
Transport
Hyundai adds previous driving scores to certified used-car information
The South Korean service adds driving scores with prior-owner consent, official maintenance records and more detailed EV battery diagnostics.
Transport
Ford explains how drivers can manage connected-car data sharing
Deleting the phone app does not stop vehicle data sharing. Ford's US privacy notice explains settings and the need to reset personal data before a sale.
Transport
ADY adds Baku-Agstafa trains for the November holidays
Additional services are planned for November 7, 8, 9 and 10. Passengers should check departure times and seat availability for their chosen date.
Transport
ADNOC chief says logistics now account for a much larger share of oil costs
Sultan Al Jaber put shipping and logistics at more than 30%, up from below 5%. The figures are the ADNOC chief's assessment at ADIPEC.
Transport
European Commission to discuss Middle Corridor investment on November 17
The meeting will focus on Trans-Caspian transport competitiveness and investment barriers. The event programme does not announce new funding.
Transport
Ryanair warns higher fuel costs will push up airfares
Ryanair carried more passengers in April-September but earned less profit. The airline warns that fuel costs will keep pressuring fares and margins.
Transport
Azerbaijan and Kazakhstan agree on a new Caspian ferry system
AZCON and Samruk-Kazyna signed a Caspian Bridge cooperation agreement, alongside terms for a new intermodal cargo terminal at the Port of Baku.
Transport
Iran continues Qatar-mediated talks on reopening the Strait of Hormuz
Araghchi says consultations have yet to produce a result. Iran is discussing a two-day implementation plan for reopening Hormuz if its conditions are met.
Transport
Maritime cyber risk: protecting existing ships and checking insurance limits
A cyber incident can stop a vessel without damaging its hull. FinFly examines operational resilience, recovery and the boundaries of insurance.
Transport
Fewer attacks on ships do not mean proportionately lower risks for crews
IMB’s nine-month figures show why reported attacks, crew impact and route exposure must be assessed separately when evaluating maritime insurance.
Transport
Hormuz attacks expose the need to check insurance across the shipment
Vessel damage, cargo loss and interruption involve different cover tests. FinFly examines October incidents and the scope of TT Club’s changes.
Transport
Mercedes-Benz: rising reported profit masks pressure on the car business
Record EV sales and higher EBIT coexist with a lower adjusted margin. Different layers of the accounts explain the divergence.
Transport
Record EV sales fail to prevent Mercedes-Benz adjusted profit decline
Group adjusted EBIT fell 15% to €1.78 billion in the third quarter.
Transport
Wizz Air launches direct Bratislava–Baku service
Azerbaijan’s ambassador to Slovakia reported the inauguration of the new air connection.
Transport
Boeing revenue rises 4% as backlog reaches $745 billion
Boeing’s third-quarter 2026 revenue rose 4% to $24.188 billion. Total backlog reached a record $745 billion, according to its October 27 results release.
Transport
AGR and Defetoo announce new Votour car brand
AGR and Defetoo have announced the launch of Votour in Russia, with a planned range of crossovers and SUVs.
Transport
Baku included in Orenburg airport’s winter schedule
Orenburg airport’s winter schedule covers 11 destinations, including Baku with IrAero, according to airport information published on October 26.
Transport
Etihad resumes St Petersburg–Abu Dhabi flights
Etihad Airways has resumed scheduled flights between St Petersburg and Abu Dhabi. The first aircraft arrived at Pulkovo on October 25, according to the airport announcement.
Transport
US lessor ACG orders 75 Airbus A320neo-family aircraft
Aviation Capital Group has placed a firm order for 75 A320neo-family aircraft, Airbus announced on October 16.
Transport
Emirates carries 13.2 million passengers on Dubai–Cairo route in 40 years
Emirates has carried 13.2 million passengers on nearly 50,000 flights between Dubai and Cairo over 40 years, the airline reported on October 25.
Transport
Garmin extends its guided visual approach database to Mexico
The update adds 12 approaches and eight airports. Garmin explicitly states that these procedures are not approved for instrument meteorological conditions.
Transport
Grand Central trains clear a key digital-signalling approval milestone
Alstom reports approval for the first ETCS-equipped Class 180. Software work, testing and driver preparation remain before wider operation.
Transport
London Gateway suspends acceptance of empty containers
Maersk has warned of restrictions on empty-container returns. The notice does not announce a full port closure or a halt to all cargo operations.
Transport
Emirates to put Airbus A350 on Dubai–Mauritius service from November 1
The A350 will replace a Boeing 777 on daily flight EK709/710. This changes the aircraft on an existing service rather than opening a new route.
Transport
Bali’s electric public transport pilot receives 11 buses
Hyundai supplied COUNTY EV platforms with bodies built by Laksana. The pilot will test electric buses in actual public transport operations.
Transport
Iran Offers US Deal on Strait of Hormuz in Exchange for Lifting Port Blockade
Tehran has conveyed to Washington through Pakistani intermediaries a proposal to resume shipping in the Strait of Hormuz in exchange for lifting the US blockade of Iranian ports. Iran also said it is ready to return to negotiations with the US.
Transport
TABA-AmCham: Azerbaijan Needs Warehouses and Fast Customs to Boost Transit to Europe
Murat Dogan, head of the customs and logistics committee at TABA-AmCham, called for developing Azerbaijan's warehousing and customs infrastructure to strengthen its transit hub status and create added value for goods delivered to Europe.
Transport
Azerbaijan's Outbound Travel Drops 1.8%
In January-September 2026, 1,575,300 Azerbaijani citizens traveled abroad, 1.8% fewer than a year earlier. Most went to Turkey, Russia and Georgia.
Transport
IRGC reports seven vessels halted in Strait of Hormuz
According to the Islamic Revolutionary Guard Corps, four tankers were struck during an oil transfer, and three other vessels hit a sea mine. Traffic through the strait has been halted.
Transport
ASCO Passenger Traffic Up 14% in Nine Months
Azerbaijan Caspian Shipping Company (ASCO) carried 21,939 passengers in January–September 2025, up 14% year-on-year. September saw a 40% increase.
Transport
Deputy Minister: Construction of new Astana airport will take at least five years
The new airport project in Kazakhstan's capital is a megaproject that typically takes at least five years to implement, said Deputy Minister of Transport Talgat Lastayev. Feasibility studies and design estimates are currently being developed.
Transport
Azerbaijan hears proposal to restore visas for arrivals from Turkey
A public proposal calls for stronger border checks and consideration of regular or electronic visas. The statement itself does not change entry requirements.
Transport
Higher fares, thinner margins: how fuel is reshaping airline economics
Why higher fares do not guarantee higher airline profits. FinFly examines IATA and Delta data, models fuel-cost sensitivity and considers implications for Baku.
Transport
Beyond transit: how Azerbaijan’s transport sector earns its revenue
Transport and warehousing services grew by 10%. The market structure explains why higher tonnage does not guarantee higher revenues.
Transport
Kazakhstan Orders Two Bulk Carriers for TITR at Baku Shipyard
During Tokayev's visit to Baku, documents were exchanged for the construction of two universal bulk carriers for a KTZ subsidiary. The vessels will operate on the Trans-Caspian route.
Transport
Heydar Aliyev Airport Switches to Autumn-Winter Schedule from October 25
Heydar Aliyev International Airport will operate on its autumn-winter schedule from October 25, 2026, through March 27, 2027, with flights to Europe, Turkey, the Middle East, and Central, South and East Asia.
Transport
Pashinyan: Proposals on Armenian Railway Competitiveness to Be Prepared Within Three Months
Armenian Prime Minister Nikol Pashinyan said a group will be created within three months to address the competitiveness of the country's railways. He spoke after talks with Russian Railways head Oleg Belozerov.
Transport
IMF: Middle Corridor Key to Caucasus and Central Asia Connectivity
IMF Middle East and Central Asia Department Deputy Director Subir Lall highlighted the importance of the Middle Corridor for regional transport connectivity, stressing the need to develop both infrastructure and regulation.
Transport
Airbus: Aviation Services Market to Grow 3.8% Annually, Reaching $420 Billion by 2045
Airbus forecasts a 3.8% average annual growth for the global air transport market over 20 years. By 2045, the aviation services market will double to $420 billion, and the global fleet will exceed 45,550 aircraft.
Transport
Baku Port Sets Container Traffic Record
In January-September 2026, Baku Port handled about 100,000 TEU containers, up 30% year-on-year. Total cargo volume rose 4% to 6.35 million tonnes.
Transport
Azerbaijan and Czech Republic Agree to Expand Transport Cooperation
The transport ministers of Azerbaijan and the Czech Republic discussed expanding transport links, increasing international freight traffic and promoting the Middle Corridor.
Transport
ADB Approves $302.38 Million for Baku Metro Digitalization
The Asian Development Bank has approved a $302.38 million loan to modernize signaling and digitalize the Baku Metro as part of a $2.6 billion expansion program.
Transport
Azerbaijan Airlines Reports Nine-Month 2026 Results
Azerbaijan Airlines operated 14,100 flights and carried about 3.3 million passengers in January–September 2026, expanding its route network and rolling out new digital services.
Transport
Aliyev Approves Air Services Agreement Between Azerbaijan and Mongolia
Azerbaijani President Ilham Aliyev has signed a law ratifying the air services agreement with Mongolia. The document was signed on May 6, 2026, in Leipzig.
Transport
Rosaviatsia Imposes Temporary Restrictions at Penza, Saransk and Saratov Airports
Temporary restrictions on aircraft arrivals and departures have been introduced at Penza, Saransk and Saratov airports. Rosaviatsia said the measures are needed to ensure flight safety.
Transport
Kirill Patyrykin: When geopolitics rewrites marine insurance
In an interview with JLP Décryptage, Kirill Patyrykin examines war-risk pricing, trade disruption, the Middle Corridor and human judgement in underwriting.
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