Next week Azerbaijan State Caspian Shipping Company ("Caspar") will receive a ferry "Balaken" built in the dock "Ulyanina" (Pula, Croatia). On the ship will hoist the flag of Azerbaijan, and he will go to Baku, said the spokesman of "Caspar" , Vugar Sadigov.
According to the "Caspar" representative, on September 14, the Pula shipbuilders passed to the Azeri seamen the ferry "Berde", an analogue of the ferry "Balaken". The ship is moving in the direction of the Caspian Sea.
The length of the ferry is 154.8 m, width = 17.5 m. Deadweight of the ship is 5,000 tons. The ferry can accommodate 54 rail cars.
Contractual value of a ferry is 22 million euro. Purchase of vessels is financed from the state budget of Azerbaijan. Over the last four years, "Caspar" bought four ferries.
In 1984-1986, eight ships were built for Azerbaijani sailors in the same dock.
At present, the fleet of "Caspar" has more than 80 tankers, freighters and ferries, which operate exclusively in the Caspian Sea in the transport corridor TRACECA. -08D0
Economics
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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.
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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.
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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.
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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.
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