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Azerbaijan’s state oil company SOCAR will additionally produce 62.05 million cubic meters of gas and 730 tons of condensate annually as it has commissioned...

As containership deliveries dropped from the record 1.7 million TEU in 2015 to just 0.9 million TEU in 2016, the boxship sector could enter...

World oil prices are rising on Feb.23 amid the report about the decline in the volume of US crude stocks over the last week. The...

Iran and Azerbaijan are determined to increase their non-oil trade in a bid to decrease dependence on oil, Iranian ICT Minister Mahmoud Vaezi said. Vaezi,...

Azerbaijani President Ilham Aliyev has signed a decree on additional measures for the strengthening of Azerbaijan’s position as a Digital Trade Hub and the...

CMS will import two platform supply vessels (PSVs) this year. The PSVs, previously named as E.R. Aalesund and E.R. Stavanger, were the first two...

From 20 to 23 February 2017, CMS management representatives were on business trip to Australia. Mr. Carl Rolaston, Chairman of Board, Mr. Brian Garrad,...

In order to provide additional impetus for development of sailing sport in the country, many journalists and researchers participated in this competition with nominations...

“Baku International Sea Trade Port" CJSC ( Port of Baku) held a workshop on "launching of technical assistance project for providing assistance to Port...

On October 6 Chairman of the Parliamentary Committee on Economic Policy, Industry and Entrepreneurship, Academician Ziyad Samadzade and other committee members visited new Port...