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Port of Baku, Trammo Inc., and "Wondernet Express Investment Group" sign MoU

Port of Baku, Trammo Inc., and "Wondernet Express Investment Group" sign MoU
en.portnews.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from en.portnews.ru Daily Mail and Mail on Sunday newspapers.

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Port of Baku Begins Construction of Strategic Fertilizer Terminal in Alat | Hellenic Shipping News Worldwide

“Baku International Sea Trade Port” CJSC (aka the Port of Baku) has announced the start of construction of a fertilizer terminal at its new facility in Alat, Azerbaijan. The strategic terminal is jointly financed by the Government of Azerbaijan and the Port of Baku. It is expected to be commissioned by the end of 2022. . ....

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Port of Baku Begins Construction of Strategic Fertilizer Terminal in [...]

Chimica-e-farmaciaBAKU, Azerbaijan, June 9, 2021 /PRNewswire/ Baku International Sea Trade Port CJSC (aka the Port of [.] ....

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Port of Baku begins construction of strategic fertilizer terminal in Alat

Port of Baku begins construction of strategic fertilizer terminal in Alat
BAKU, Azerbaijan, June 9. /PRNewswire/ Baku International Sea Trade Port CJSC (aka the Port of Baku) has announced the start of construction of a fertilizer terminal at its new facility in Alat, Azerbaijan. The strategic terminal is jointly financed by the Government of Azerbaijan and the Port of Baku. It is expected to be commissioned by the end of 2022.
The investment decision resulted from a feasibility study revealing a significant potential for transshipment of fertilizers from landlocked Central Asian countries to western markets via Azerbaijan. Three resource-rich states of Central Asia - Turkmenistan, Uzbekistan and Kazakhstan - have production capacity for various fertilizers, including urea, sulfur, and potassium carbonate that exceeds 6.6 million tons annually. All three countries have invested heavily in constructing fertilizer production facilities to increase potential export volumes ....

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The Worldwide Autonomous Ships Industry is Estimated to Reach $14 Billion by 2030

The Worldwide Autonomous Ships Industry is Estimated to Reach $14 Billion by 2030
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The autonomous ships market is estimated to be USD 5,866 million in 2020 and is projected to reach USD 14,256 million by 2030, at a CAGR of 9.3% from 2020 to 2030.
The demand for new ships and the retrofitting of existing ships with advanced technologies is expected to grow with the increase in trade activities. New defense and commercial vessels are equipped with advanced systems for improved safety and efficiency. The implementation of advanced systems acts as an important driver for the autonomous ships market. Autonomous ships are one of the variants of automated vessels. These ships involve integrating various systems and subsystems, enabling effective decision-making based on sensor fusion technology and Artificial Intelligence (AI) for processing the data, hence reducing or elimin ....

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