Caspian

How Technology Is Transforming the Marine Insurance Market - Interview with Surety Marine CEO
Surety Marine, formerly an underwriting agency, has obtained a license and become an independent insurer. The company focuses on flexibility, low operating costs, and the use of satellite data for risk assessment.

Iran Seeks Alternative Trade Routes via Caspian Sea
Amid uncertainty in the Strait of Hormuz, Iran is exploring trade development through northern ports and the Caspian Sea, potentially reducing dependence on southern routes.

ASCO Increases TIR and Vehicle Transport by 10% in Seven Months
In January-July 2026, ASCO ferries transported 623,700 tons of TIR and vehicles, up 10% year-on-year.

Ports of Turkmenbashi and Alyat Hold Joint Training on Information Exchange
The ports of Turkmenbashi and Alyat held a joint training on information exchange in maritime transport to improve cargo flow control efficiency in the Caspian region.

Azerbaijan and Central Asia: Cholpon-Ata Summit Unites the Region
Azerbaijan's ambassador to the US, Khazar Ibrahim, stated that the summit in Cholpon-Ata symbolized the unity of Azerbaijan and Central Asian countries, opening new opportunities for trans-Caspian cooperation.

ASCO Increases Dry Cargo Shipments by 38.8% in Seven Months
In January-July 2024, ASCO's dry cargo vessels transported 1,083,130 tons of cargo, up 38.8% year-on-year.

Baku to Host Forum on Black Sea-Caspian Transport Corridors in 2026
The 5th International Black and Caspian Freight Forum 2026 will take place in Baku on September 7-9, 2026. Participants will discuss the development of the Middle Corridor and investments in transport infrastructure.

Turkmenistan Reports Over 1.3 Million Cubic Meters of Gas Per Day from New Caspian Well
A new well at the Magtymguly field in Turkmenistan's Caspian sector is producing over 1.3 million cubic meters of gas and about 130 tons of condensate per day.

Laying of First Submarine Cable in Caspian Sea Completed
AzerTelecom and Kazakhtelecom have completed laying a 380-kilometer fiber-optic cable along the Caspian Sea bed, part of the digital corridor between Europe and Asia.

Kazakhstan and Azerbaijan to Connect via Fiber Optic Cable Across the Caspian
Construction of the first direct fiber optic cable between Aktau and Sumgayit will create a new digital route linking Central Asia, the South Caucasus, and Europe.

ASCO Carries 13,219 Passengers in First Half of 2026
Azerbaijan Caspian Shipping Company (ASCO) transported 13,219 passengers in January-June 2026, up 3.4% year-on-year.

Azerbaijan–Turkmenistan: Resetting Cooperation
The state visit of Turkmen President Serdar Berdimuhamedov to Baku could become one of the most significant events in Azerbaijan-Turkmenistan relations in recent years. After a prolonged period of relative stagnation in bilateral interaction, this visit signals mutual recognition that current geopolitical and economic realities require both countries to give cooperation a new impetus and elevate it to a more strategic level.