Caspian Sea
The Caspian Sea is the largest lake on Earth by both area and volume. It is bordered by Azerbaijan, Iran, Russia, Kazakhstan and Turkmenistan. It has a surface area of 371,000 km². The ports of the littoral states include key trading hubs in international transport corridors and the new Silk Road; including Baku, Aktau & Astrakhan. The sea has become topical since the Russian invasion of Ukraine (started 24.02.2022) as traders seek routes which do not pass through Russian territory. The heavily-sanctioned states of Russia and Iran also have interests in the Caspian Sea’s transport capacity.
ADY Container delivers the first container block train on the Assaka-Baku
Baku, Azerbaijan (Ports Europe) January 31, 2022 – The first block train, operated by ADY Container LLC, consisting of 50 containers departing from the...
Port of Turkmenbashi to receive finance from Islamic Development Bank
Turkmenbashi, Turkmenistan (Ports Europe) January 20, 2022 – The Port of Turkmenbashi is set to receive $90.15 million (€79.5 million) in financing...
Ports of the province of Gilan handled a total of 1.32 million tons of goods in the current Iranian year’s first nine months
Tehran, Iran (Ports Europe) January 19, 2022 – The ports of the Caspian Sea province of Gilan handled a total of 1.32 tons of goods in the current...
New container terminal planned for Olya port and deepening of Volga-Caspian Sea Canal
Olya, Russia (Ports Europe) January 18, 2022 – By the end of 2023, the first stage of construction of a new container terminal in Caspian Sea port of...
Iran to use its Caspian ports to export fruits and vegetables to Russia, bypassing Azerbaijan
Anzali, Iran (Ports Europe) December 27 – Iranian companies-exporters of fruits and vegetables want to supply products to Russia through the Caspian Sea,...
Cargo turnover in Russian ports decreased 0.8% y/y in November
Novorossiysk, Russia (Ports Europe) December 26, 2021 – Cargo turnover of all seaports of Russia in November 2021 decreased by 0.8% compared to the same...
OPEC Fund for International Development to loan $45 million for the Marine Merchant Fleet Project in Turkmenistan
Vienna, Austria (PortSEurope) December 17, 2021 – The OPEC Fund for International Development (the OPEC Fund) will loan $45 million (€39.8 million) for...
Iran, Azerbaijan and Georgia agree on a transit route connecting Persian Gulf with Black Sea
Amirabad, Iran (PortSEurope) December 15, 2021 – In a desperate need of trade links severely curtailed under Western sanctions, Iran has agreed with...
EDB to finance the new multifunctional port and logistics complex in Caspian Sea port of Olya
Olya, Russia (PortSEurope) December 3, 2021 – The Eurasian Development Bank (EDB) is considering financing for the Caspian Port and Logistics Company...
David Cullen, Head of EU Neighborhood Policy & Enlargement Division of the EU Directorate General, visited the Port of Baku
A delegation led by David Cullen, Head of the EU Directorate General’s Neighborhood Policy and Enlargement Division, visited the new Port of Baku in Alat...
Eurasian Development Bank issues new report on potential of the International North–South Transport Corridor
Vienna, Austria (PortSEurope) December 1, 2021 – The Eurasian Development Bank (EDB) has published new research on the cargo transport potential along...
Iran’s Anzali Caspian Sea port sees cargo traffic up over 12%
Tehran, Iran (PortSEurope) December 1, 2021 – In the first eight months of the Iranian year, March 21-Nov. 21, the Iranian port of Anzali handled 1.28...
CrimsonLogic signs MOU to promote the Trans-Caspian International Transport Route
CrimsonLogic, a member of Singapore-based PSA Group, has signed a Memorandum of Understanding (MOU) with KTZ Express (part of Kazakhstan Railways) and local IT...
Bulgaria’s BMF Port Burgas is to be sold
Burgas, Bulgaria (PortSEurope) November 17, 2021 – The concession for Burgas East-2 and Burgas West Black Sea ports, controlled by controversial Bulgarian...
Port of Novorossiysk again with the highest cargo turnover among Russia’s ports with 104.79 million tonnes in Jan-Sep’21
Novorossiysk, Russia (PortSEurope) October 29, 2021 – Cargo turnover of Russia’s seaports during the first nine months of 2021 was 622.05 million tonnes...
Ports and logistics scoping study in CAREC countries
Baku, Azerbaijan (PortSEurope) October 24, 2021 – A scoping study analyses seaports and multimodal corridors serving Central Asia Regional Economic...
Iran plans shipping services to Northern Caspian Sea port
Tehran, Iran (PortSEurope) October 20, 2021 – The Tehran Times has reported that Iran’s Trade Promotion Organization (TPO) has signed an agreement with...
Top Russian ports – a review
Novorossiysk, Russia (PortSEurope) October 20, 2021 – There are 67 seaports in Russia located on 12 seas, from the Black and Baltic to the Pacific and...
Russia to sell its 20% in port of Novorossiysk, the country’s largest by cargo turnover
Novorossiysk, Russia (PortSEurope) October 17, 2021 – The Black Sea port of Novorossiysk, Russia’s largest by cargo turnover, will be reinstated in the...
Analysis – Was the Anaklia Deep Sea Port project torpedoed in the name of a free zone near Poti port?
Anaklia, Georgia (PortSEurope) October 8, 2021 – Georgian billionaire Bidzina Ivanishvili, the founder of the ruling Georgian Dream party, has been opposing...