Today Azerbaijan Caspian Shipping Company has put into operation a high-speed passenger ship Rashid Behbudov, a tanker Ganja and a freighter Gafur Mammadov. The ceremony was attended by President Ilham Aliyev. The tanker Ganja with a load capacity of 7,000 tons is one of two new tankers ordered by Caspian Shipping Company and Caspian Marine Services Alliance. This tanker is able to move in shallow waters. The technical indexes of the Ganja will provide it an opportunity to enter shallow-water ports on the Caspian Sea, as well as move in the Volga-Don and Volga-Baltic channels.
The speedy passenger ship constructed on the Australian shipyard Austal and commissioned by the Caspian Shipping Company and Caspian Marine Services Alliance is designed for 150 passengers. The vessel will carry out orders of BP.
The cargo ship Gafur Mammadov with a load capacity of 3,000 tons was built in order to update the cargo fleet. -71D-
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review