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A meeting was held with Mr. Erkan Ozoral, Extraordinary and Plenipotentiary...

Emphasizing the friendly relationships between Azerbaijan – Turkey have historical roots, Gudrat Gurbanov the Head of the State Maritime Administration stated that the cooperation...

TAP continues rehabilitation of roads in Albania

The consortium of the Trans Adriatic Pipeline (TAP) project continues the work on rehabilitation of roads in Albania. In February 2017, TAP concluded the refurbishment...

SOCAR commissions new well in Caspian Sea

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...

Clarksons: Boxship Deliveries Entering Moderate Era?

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...

Oil prices up amid decreasing US crude stocks

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, Azerbaijan to boost non-oil trade

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 signs decree on expansion of foreign trade operations

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...

Expansion of CMS fleet

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...

CMS reps on a business trip to Australia

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

Sailing Federation of Azerbaijan with partnership support by Caspian Events successfully...

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