At a meeting organized by the branch of JSC NC KTZ – Integrated Planning Directorate together with representatives of the Azerbaijan Railways, the modernization of the Baku-Tbilisi-Kars route was presented. After the upgrade, the capacity of the route increased fivefold – from one to five million tons of cargo per year, the electrification and reconstruction of the Akhalkalaki station was completed.
Deputy Chairman of the Committee for Railway and Water Transport of the Ministry of Transport of the Republic of Kazakhstan Kasym Tlepov spoke about significant projects being implemented in the ports of Aktau and Kuryk. According to him, dredging work began in the port of Kuryk in July 2024, where a third of the planned volume has already been completed. The work is being carried out using the Visalius dredger, which is capable of effectively developing soil in difficult water conditions.
The European Commission is preparing to ban state subsidies to the freight operator DB Cargo, which is owned by the German railway corporation Deutsche Bahn, starting from January 1. This decision is related to an investigation launched in 2022 into possible distortion of competition, when the state compensated the company for losses, giving it a competitive advantage over private operators.
The ports of Liepaja and Ventspils will receive financial assistance from the European Cohesion Fund in the amount of 6.8 million euros, with the possibility of increasing the amount to 8.1 million euros. The funds will be used for projects related to improving the environmental safety of port infrastructure and reducing the negative impact of harbours on the urban environment and climate.
Dublin-based Avia Solutions Group, the world’s largest provider of ACMI (Aircraft, Crew, Maintenance, and Insurance) services, posted revenue of €1.2 billion for the first half of 2024, up 29% year-on-year. The group, which operates a fleet of 214 aircraft, also reported a 34% increase in EBITDA to €179 million.
Comprehensive measures taken in recent years to develop the Trans-Caspian International Transport Route (TITR) have contributed to a significant increase in cargo traffic. In the first seven months of 2024, about 4.2 million tons of cargo were transported through the ports of Aktau and Kuryk, which is the same as last year. However, the volume of transportation via the TITR increased by 63% and reached 2.5 million tons, with Chinese transit increasing more than 14 times.
A meeting with representatives of the National Development and Reform Committee of the People’s Republic of China and the Grain and Material Resources Administration of the Xinjiang Uyghur Autonomous Region was held in the Almaty Freight Transportation Department. The main focus was on increasing the transportation of grain cargo and improving logistics processes.
In January-July 2024, the port of Singapore’s cargo throughput increased by 7% year-on-year to 366.87 million tonnes. In particular, transshipment of bulk oil cargo increased by 4.9% to 117.46 million tonnes, while bulk cargo handling increased by 35.1% to 17.3 million tonnes.
Hydrogen Valley Estonia and Chungnam Technopark signed a Memorandum of Understanding (MOU) to promote the hydrogen industry. The agreement aims to exchange information on low-carbon energy policies and strengthen cooperation in the application of hydrogen technologies.
In the Kostanay region, the volume of container transportation has increased significantly in the first seven months of 2024. According to KTZ – Freight Transportation LLC, the number of loaded containers increased by 516 units compared to the same period last year, reaching 8,273 container platforms. This year, 250 organized routes were formed, which ensured an increase in loading by 3.4%, or 10.7 thousand tons.
