Russia orders ships for oilmen in Azerbaijan
The Azerbaijani Shipyard will build three high-speed vessels (the project 38M crew boat) (designer - SHIPTECH, Singapore) for oilmen. The contract with the Russian Maritime Register of Shipping was signed with by Baku Shipyard LLC.
According to Russian media (http://portnews.ru/news/184237) with reference to the press service of the Maritime Register, construction will begin in August this year. Term of delivery to the customer - until May 2016. On the completion of the courts will be assigned a class Register: KM (*) HSC crew boat.
Vessels designed to transport personnel (up to 80 people) and various cargoes on floating drilling unit and other marine objects of exploration and production of oil and gas. According to the specifications, they can work at a distance from the coast to 100 nautical miles.
Main characteristics vessels of length overall, 38.22 m; width - 8.20 m; depth - 4.30 m; draft - 2.25 m; crew - 8 people.
“Orders for the construction of high-speed vessels is directed to cooperate with the newly constructed Baku shipyard and will be the first major project since the start of Baku Shipyard in September 2013. It is assumed that the new high-speed vessels will serve the following fields and areas in the Caspian Sea - Guneshli, Chiraq, Azeri, Bulla, Pirallahi, West Absheron, and Chilov,” the report says. - 17D-
Economics
-
On September 20, 2024, Volts Energy Ltd., an engineering company based in Abu Dhabi, and Azerbaijan’s Turan Energy LLC announced the creation of a new joint entity, TuranVoltsEnergy. This venture will focus on EPC (Engineering, Procurement, and Construction) projects in renewable energy and energy storage systems within Azerbaijan.
-
The number of passengers traveling by air from Azerbaijan has seen a significant increase in 2024, rising by 26.7% from January to September compared to the same period last year. According to the State Agency for Tourism, a total of 2,548,897 people used air transport services to travel to 40 countries during this period.
-
Azerbaijan’s prolonged border closures, approaching five years, have taken a profound toll on the labor market, particularly in border regions, where cross-border trade and services were once critical economic drivers. Official data highlights the stark disparity between the growing labor force and the lack of new job creation in these areas, underscoring the social and economic challenges faced by residents.
-
Azerbaijan’s food imports have surged to unprecedented levels, with a significant rise recorded in the first nine months of 2024, according to data from the State Customs Committee. Food imports for January-September reached USD 1.755 billion, marking an 11.4% increase over the same period last year. This represents a USD 179.7 million increase compared to 2023, setting a record for food imports in the country’s history. Over the past decade, food imports have more than doubled, rising by 2.4 times, with a notable 52.5% growth in the last five years alone.
Leave a review