logistics
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.
Azerbaijan's Transport: Cost of Services Grows Faster Than Tonnage
Real growth in transport and storage services for January–September 2026 was 10.0%, while the freight base for January–August grew by only 3.0%.
IFC Proposes Private Sector Advisory Council for Middle Corridor
The International Finance Corporation (IFC) says establishing a Private Sector Advisory Council (PSAC) could enhance the efficiency of the Trans-Caspian Transport Corridor.
Expert: Coordination, Not Infrastructure, Is Key for the Middle Corridor
Farrukh Irnazarov of Chemonics International said developing the Middle Corridor requires harmonized legislation, digitalization and a single operator, not just infrastructure.
Kazakhstan Expects Eight New Container Ships by 2028
Kazakhstan plans to add eight vessels to its container shipping fleet by 2028, according to Kasym Tlepov, deputy chairman of the Committee for Railway and Water Transport at the Ministry of Transport of Kazakhstan.
Azerbaijan Invites Greek Companies to Invest
Azerbaijan's Energy Minister Parviz Shahbazov urged Greek companies to take advantage of the country's investment climate and increase mutual investments. Opportunities were presented at a business forum in Athens.
Zangezur Corridor 95% Complete by Road, 75% by Rail
Azerbaijan has completed 95% of the road and 75% of the railway for the Zangezur Corridor. Work is expected to finish in the first half of 2027.
Surety Marine Assesses Insurance Opportunities on the Middle Corridor
International insurance company Surety Marine is evaluating opportunities to cooperate with Azerbaijani insurers, brokers and logistics operators on the Middle Corridor. Company head Kirill Patyrykin noted a sharp rise in war risk rates — from 0.1–0.2% to more than 20% per year.
USACC Discusses Middle Corridor Development with World Bank
The American-Azerbaijani Chamber of Commerce held a roundtable with World Bank Regional Director for the South Caucasus Rolande Pryce. Participants discussed investment and operational measures to improve the route's reliability and capacity.
Uzbekistan Explores Participation in Nakhchivan Railway Construction
Uzbekistan is considering participation in the construction of the Nakhchivan railway to gain access to Turkish ports in Samsun and Istanbul, the presidential press service said following a meeting chaired by Shavkat Mirziyoyev.
Supertanker Shortage Triples Oil Shipping Costs
Freight rates on some routes have tripled, with Houston-to-Asia delivery costing about $26 per barrel. The cause is a shortage of available supertankers.
Transport services up 8.7%, but freight volumes rise only 3%
Growth in transport and storage services does not equal growth in tonnage. Passenger traffic and the structure of services change how Azerbaijan's transport statistics should be read.
Baku Port Increases Cargo Handling to 5.5 Million Tonnes
In January–August, Baku Port handled over 5.5 million tonnes of cargo, up 3% year-on-year. Container turnover rose 22% to 85,000 TEU.
Azerbaijan and TRACECA Discuss Development of Middle Corridor
Azerbaijan's Foreign Minister Jeyhun Bayramov met with TRACECA Secretary General Jasurbek Choriev to discuss expanding transport links and increasing freight traffic along the Middle Corridor.
OTS Aims to Cut Transit Costs on Middle Corridor
OTS Secretary General Kubanychbek Omuraliev said connectivity and digitalisation are priorities on the Trans-Caspian route. The OTS is working to simplify customs and reduce costs for freight carriers.
TMTM Participants Discuss Optimization of Freight Costs
The Working Group on the Trans-Caspian Route considered tariff policy and container transportation to enhance the attractiveness of the Middle Corridor.
Kazakhstan Explores Montenegro's Bar Port for Exports to Europe
Kazakhstan's ambassador to Montenegro discussed with Bar port and Budva municipality officials the prospects for transshipping Kazakh cargo, including grain, toward the Western Balkans and Central Europe.
Iran and Oman Reach Agreement on Strait of Hormuz
Tehran and Muscat have agreed on a text concerning safe routes in the Strait of Hormuz and plan to hold a meeting with regional countries.
EDB: Nearly $350 Billion to Be Invested in Eurasia's Transport Framework
The Eurasian Development Bank values Eurasia's transport project portfolio at $345 billion and identifies Central Asia as one of the most dynamic segments of the new logistics framework.
Iran Sets Seven Conditions for Opening the Strait of Hormuz
Iran has conveyed seven conditions to the United States through intermediaries that must be met for the Strait of Hormuz to reopen. Until they are fulfilled, the strait will remain closed.
Saudi Oil Deliveries to Asia Could Take 2.5 Times Longer
If the Bab-el-Mandeb Strait closes, tanker routes to Asia could take about 100 days round trip instead of 40, leading to higher transport costs.
ADY and Chinese Partners Discuss Development of the Middle Corridor
Azerbaijan Railways discussed expanding freight traffic and digitalizing port operations with Chinese delegations at the CICA conference in Baku.
ADB to Prepare Report on Ports and Logistics in CAREC Region
The Asian Development Bank announced the preparation of a new report on ports, shipping, and logistics in the CAREC region, which will help determine future investments.
Azerbaijan becomes central transport hub for Central Asia
At a forum in Baku, Emil Mammadov, advisor to Azerbaijan Railways, announced large-scale integration with Central Asia and the creation of a new association 'Eurasian Transport Route'.