Category: Kazakhstan
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Suezmaxes cash in on Kazakh export disruption
Suezmaxes cash in on Kazakh export disruption Suezmax spot rates are surging as Kazakhstan runs into mounting difficulties with its oil exports, tightening the tonnage list across the Mediterranean and beyond. Kazakhstan has suspended flows via the Baku–Tbilisi–Ceyhan (BTC) pipeline after chloride-contaminated crude entered the system in late July, diverting volumes to the Caspian Pipeline…
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Kazakhstan Railways and PTC to build container terminal in Georgia
Kazakhstan Railways and PTC to build container terminal in Georgia Kazakhstan’s main rail network operator Kazakhstan Railways (KTZ) signed a memorandum of understanding with transport and logistics services firm PTC Holding for the construction of a container terminal in Georgia. The two will look to build a multimodal container terminal in the city of Poti…
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AD Ports readies boxship investments in Caspian region
AD Ports readies boxship investments in Caspian region AD Ports Group has moved to expand its operations in the Caspian Sea region with two containership newbuilds. Noatum, the maritime and shipping arm of the Abu Dhabi-based ports and logistics giant, has signed a deal with Kazmortransflot, a subsidiary of Kazakh national oil company KazMunayGas, to…