News

Transit News of the End of May, 2026

2026-05-31

In order to increase the cargo turnover and the throughput of the middle corridor on the Caspian Sea, the dry cargo ship Gadamly, recently built at the Turkmen Shipyard and intended for Turkmenistan, was put into operation from Turkmenbashi to Alyati. The ship has a carrying capacity of 6,100 tons, is combined and is designed to carry 240 TEU containers.

In early May, Baku Shipyard BSY and KTZ Express Shipping, a subsidiary of Kazakhstan Railways, signed an agreement on the construction of two dry cargo ships for Kazakhstan at the Baku Shipyard, each with a capacity of 537 TEU containers.

It is noteworthy that Kazakhstan is adding container ships to the Caspian Sea every year. Currently, the National Shipping Company of Kazakhstan: Kazmortransflot operates three container and one combined (dry cargo/container) vessel. The fleet of four container ships is currently insufficient to handle the increased cargo.

At the same time, Uzbekistan, as a landlocked state, is actively planning to place orders for shipbuilding at the shipyards of Azerbaijan and Turkmenistan in order to form its own naval fleet, for which it has recently officially registered as a maritime state [transcor.ge]

***

Azerbaijani Energy Minister Parviz Shahbazov stated that in order to accelerate the implementation of the Azerbaijan-Georgia-Turkey-Bulgaria Green Energy Corridor project, Map to be prepared. [europetime.eu]

***

According to the Georgian Maritime Transport Agency, the total volume of cargo processed in Georgian seaports and terminals in January-April 2026 increased by 21% compared to the same period last year. [bp.ge]

***

Georgia and Azerbaijan signed an agreement on the extension of the 2003 gas purchase and sale agreement from Azerbaijan for 20 years. [businessinsider.ge]

***

"Armenia is ready to completely redirect exports from Russia to the European Union in case of restrictions." - Armenian Minister of Economy, Gevorg Papoyan. [facebook: World Military/analysts]

TRACECA.GE