Silk Road
The new Silk Road (part of the Belt and Road initiative also known as One Belt, One Road, or OBOR) is a Chinese economic strategy to seek better access for Chinese-made products in European markets, which includes acquiring stakes in ports and other transport facilities, and cooperation agreements with countries along the Silk Road routes.
It involves road, rail and ship, but focuses on the last two. Many countries along the route are developing facilities to handle high cargo volumes. This includes ports around the Caspian and Black Seas.
Chinese bank opens Vienna branch with new Silk Road focus
Vienna, Austria (PortSEurope) May 22, 2019 – The Chinese bank ICBC has opened a subsidiary branch in Vienna, ICBC Austria Bank GmbH, operating as a...
Uzbekistan dispatches first transit cargo through Aktau Port
Aktau, Kazakhstan (PortSEurope) May 18, 2019 – A cargo train belonging to the Uzbekistan Railways (Uzbekiston Temir Yollari), carrying 20-foot TEU...
Georgian Prime Minister speaks about the development of country as multi-dimensional hub
News – Prime Minister’s Press Office – Mamuka Bakhtadze: We have ambition to be multi-dimensional hub in our region. We must become a hub for Doing...
The European Union and Central Asia: New opportunities for a stronger partnership
Brussels, Belgium (PortSEurope) May 15, 2019 – The European Union (EU) has outlined its vision for a renewed partnership with Central Asia, updating its...
Porsche starts delivering vehicles to China by rail – the new Silk Road
Stuttgart, Germany (Ports Europe) May 5, 2019 – Porsche AG, a German automobile manufacturer specializing in high-performance sports cars, SUVs and...
Bankruptcy proceedings for Uljanik shipyard is not the end; Chinese interest
News Release – Government of Croatia – Opening of bankruptcy proceedings for Uljanik shipyard is not the end – May 13, 2019 Prime Minister...
Slovenia State Secretary visiting China
May 7, 2019 At the invitation of the Chinese People’s Association for Friendship with Foreign Countries (CPAFFC), the State Secretary at the Ministry of...
China’s CSIC sees Croatian shipbuilder Uljanik as gateway to Europe
Rijeka, Croatia (PortSEurope) May 9, 2019 – China Shipbuilding Industry Corporation (CSIC) sees Croatia’s Uljanik shipyard as a gateway to Europe,...
Greek ports sign cooperation agreements with Kenya counterparts
Piraeus, Greece (Ports Europe) May 3, 2019 – The Greek ports of Piraeus and Alexandropouli are yet to sign cooperation agreements with Kenya’s...
China’s CSIC considers investments in two Croatian shipbuilders
Rijeka, Croatia (Ports Europe) May 2, 2019 – Representatives of China Shipbuilding Industry Corporation (CSIC) have visited troubled Croatian shipbuilders...
Turkmenistan presents Türkmenbaşy port in Riyadh
Türkmenbaşy, Turkmenistan (Ports Europe) May 2, 2019 – A presentation of the capacity of the international port Türkmenbaşy in the context of optimizing...
Baku Port signs agreement with Venlo transport hub in the Netherlands
Venlo, Netherlands (Ports Europe) April 30, 2019 – Baku International Sea Trade Port (BISTP) has signed a memorandum of understanding with companies and...
Analysis – Chinese investment in Piraeus port facing local challenges
Piraeus, Greece (Ports Europe) April 30, 2019 – Greece’s Prime Minister Alexis Tsipras has visited China and attended the Second Forum of the Silk...
Switzerland and China sign Belt and Road Initiative (BRI) agreement
Beijing, China (Ports Europe) April 29, 2019 – Swiss President Ueli Maurer has visited China and held discussions with President Xi Jinping. A Memorandum...
China and Georgia sign transport agreement
Beijing, China (Ports Europe) April 29, 2019 – Georgian Minister of Infrastructure and Regional Development, Maya Tskitishvili, has been in the Chinese...
Montenegro’s Bar port operator sees €22.1 million loss in 2018, seeks investment
Bar, Montenegro (Ports Europe) April 26, 2019 – Montenegrin port operator Luka Bar recorded a €22.1 million ($24.7 million) loss in 2018, due to the...
Serbia and China sign contracts for construction of Preljina-Pozega highway, Novi Sad-Subotica section
Beijing, China (Ports Europe) April 28, 2019 – The Serbian Ministry of Construction, Transport and Infrastructure has announced that contracts were...
Chinese President Xi Jinping meets with Italian Prime Minister Giuseppe Conte in Beijing
Beijing, China (Ports Europe) April 28, 2019 – Italian Prime Minister Giuseppe Conte has attended the second Belt and Road Forum for International...
China Shipbuilding Industry Corporation delegation to visit Pula and Rijeka shipyards
Rijeka, Croatia (Ports Europe) April 26, 2019 – A delegation of China Shipbuilding Industry Corporation (CSIC), will visit the Croatian shipyards in Pula...
Azerbaijan’s President Ilham Aliyev seeks investment during China visit
Baku, Azerbaijan (Ports Europe) April 25, 2019 – Azerbaijani President Ilham Aliyev is in China and has met with Chinese President Xi Jinping, ahead of...