Caucasus

The main focus of the meeting was placed on emphasizing the importance of the Baku port as a key transit hub connecting Asia and Europe. Discussions revolved around current and future projects of the port aimed at transforming the Middle Corridor into a sustainable digital green corridor. The delegation also expressed interest in establishing mutually beneficial collaboration with Chinese companies in expanding logistics and port operations, taking into account the strategic geographical position of Azerbaijan and the infrastructure capabilities of the port.

ASTANA – Kazakhstan is set to significantly boost cargo transit from China to Europe through its territory, aiming for a five-fold increase by 2029, as announced by Deputy Minister of Transport, Satzhan Ablaliyev, during a government meeting chaired by Prime Minister Alikhan Smailov on December 5. In the initial nine months of this year, road freight transportation reached 5.5 million tons, marking a 22% increase compared to the same period last year, with domestic operators contributing 42% to this share. Transit transportation saw a notable surge of 44%, reaching 3.6 million tons, with China accounting for a substantial portion, doubling cargo transportation to 1.5 million tons.

In a significant milestone, the inaugural shipment from China to Azerbaijan via a container block train has been successfully completed. The train, originating from China, has reached its destination at the Baku port, marking the first of such journeys. A diverse cargo comprising 110 TEUs, encompassing electric vehicles, construction materials, and industrial products, has been transported from China to Azerbaijan.

ADY Container has recently established strategic collaborations with two of the world’s leading shipping giants – Maersk and Cosco. The joint efforts aim to enhance container shipments via both sea and rail routes to diverse destinations.

A meeting of the Joint Commission on Bilateral Cooperation between the Republic of Azerbaijan and the Kingdom of Morocco was held in Rabat, Morocco. As part of the meeting held in the city of Rabat, a cooperation memorandum was signed between the Port of Baku and the National Ports Agency of Morocco.

Baku Port was represented at the “United Business Europe” conference organized by the United Nations Global Compact. The event, held on October 9, saw the participation of over 250 representatives from government, business, and sustainability sectors of 30 European countries. Discussions at the conference centered around the role of the private sector in achieving Sustainable Development Goals (SDGs) for a resilient future and advancements in global trends.

The Deputy Minister of Transport of the Republic of Latvia, Uldis Reimanis, recently conducted a fact-finding visit to the Port of Aktau. During the visit, Amir Atambaev, Acting President of JSC “NC “AMTP,” provided a comprehensive overview of the infrastructure and investment opportunities at the Port of Aktau. Additionally, Atambaev detailed the technical and financial metrics of upcoming development projects.