Gruzin Geo

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  • February 13, 2024

Swiss Ambassador explores cooperation opportunities in the port of Baku

In a diplomatic gesture, Ambassador H.E. Mr. Thomas Stähli from the Swiss Confederation visited the Port of Baku, engaging in discussions with Dr. Taleh Ziyadov, the Director General of the port. The visit aimed to foster collaboration and explore potential partnerships, aligning with the Swiss Cooperation Programme for 2022-2025. Emphasizing the strategic importance of the Port of Baku along the Middle Corridor for regional connectivity, the discussions highlighted the port’s commitment to sustainability and environmentally conscious practices in its operations.

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  • February 13, 2024

Port of Aktau: Growth in container transshipment via TITR

The increase in cargo volume in January of this year was confirmed in the port of Aktau, where the transshipment of containers along the Trans-Caspian International Transport Route (TITR) doubled. The total cargo turnover of the port in January 2024 reached more than 360 thousand tons, exceeding the same figures last year by 12.7%. This impressive result includes the transhipment of 3 thousand tons of grain, 310 thousand tons of oil and petroleum products, as well as more than 2.3 thousand twenty-foot equivalent containers, more than half of them by TMTM, which marks a significant increase compared to last year.

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  • February 12, 2024

Meeting of the TRACECA Business Council: Prospects for the development of multimodal transport

On February 6, 2024, a meeting was held to discuss the Basic Provisions of the TRACECA Business Council in a video conference format. The Permanent Secretariat, National Secretaries, and experts from the MHI participating countries took part. The creation of the Business Council is aimed at forming business opinions on the development of the TRACECA corridor, expanding economic cooperation in the region and improving interaction between business and government agencies in the field of cargo transportation.

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  • February 12, 2024

Maersk is considering acquiring DB Schenker for 20 billion euros

German rail operator Deutsche Bahn has initiated the sale of DB Schenker, a major logistics provider, in a deal potentially valued at EUR20 billion. Maersk, previously uninterested in acquiring such large forwarding companies, hinted at a reconsideration during its Q4 2023 earnings call. Vincent Clerc, CEO of AP Moller Maersk, acknowledged the significance of the deal’s size and emphasized the need for Maersk to explore the potential acquisition, recognizing its impact on the logistics landscape.

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  • February 9, 2024

The Port of Antwerp-Bruges improves the efficiency of the Noordzee terminal by increasing bollard capacity

The Port of Antwerp-Bruges has enhanced the efficiency of its Noordzee Terminal by increasing the bollard capacity, replacing four 150-tonne bollards with seven new 250-tonne ones. This upgrade aims to optimize space utilization on the quay, minimizing gaps between vessels and addressing the risk of overloading posed by larger ships. The completion of this bollard enhancement, a collaborative effort involving Sweco, SECO Belgium, and Hye NV from Burcht, marks the final step in preparing the terminal to accommodate multiple 24,000 TEU ships with greater efficiency and reduced wasted space.

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  • February 9, 2024

Maersk: Making Shanghai a global LCL gateway

In a groundbreaking move, Maersk, a leading global shipping and logistics company, has designated Shanghai as its new global gateway for Less-than-Container-Load (LCL) shipments. This strategic decision, driven by recently eased local restrictions, positions Shanghai as a central hub for consolidating and transporting LCL shipments from nearby countries to destinations worldwide, marking a significant shift in industry practices. Maersk’s pioneering initiative to utilize Shanghai as its LCL global gateway underscores the company’s commitment to innovation and opens up new possibilities for Shanghai to strengthen its role as a pivotal player in global trade.

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  • February 9, 2024

CER Cargo Holding SE presents an ambitious business plan for 2024 and expansion into Austria and Germany

CER Cargo Holding SE, the European Company, has unveiled its ambitious 2024 business plan during the recent Board of Directors’ meeting held on January 24. With a substantial increase in profit expectations compared to the previous year, the expansion into Poland and Romania, coupled with intensified acquisition activities in existing countries, has set the stage for the Group’s robust financial outlook.

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  • February 9, 2024

Germany and Mongolia simplify road freight transport rules in new agreement

In a significant development, the agreement between Germany and Mongolia is set to overhaul the framework for road freight transport, streamlining the process for Mongolian and German companies. Previously, special permits were necessary for transportation to and through each country, but under the new terms, logistics firms will be granted licenses directly within their respective nations.