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COSCO enters Bosnia and Herzegovina

COSCO Shipping is planning to open its first branch the European country of Bosnia and Herzegovina, in the capital city of Sarajevo. The Sarajevo office is part of the ‘One Belt – One Road’ Maritime Silk Road initiative, a massive expansion program for efficient cargo transport and sea route that connects China, Southeast Asia, Oceania, Europe […]

Black Sea ports see cargo volumes rise

More cargo passed through several container terminals in the Black Sea region this year, with countries such as Romania, Ukraine, Russia and Bulgaria witnessing a significant increase. In total, TEUs handled by port authorities in Ukraine, Romania, Russia and Bulgaria, excluding transshipments, amounted to more than 1.4 million units (1,472,826) in the first half of […]

Top transporter paves way for new route

Sea- and ocean-cargo transport company Maersk is ready to lead the way into the future, with an experimental new route that offers an alternative. For all transporters going through the Suez Canal, Maersk is working to create a new navigable route through the Arctic Ocean, a harsh and inhospitable place for around 9 months out […]

New funds for Bulgarian port build

The European Investment Bank (EIB) recently approved a loan for a new port facility, located in the Black Sea nation of Bulgaria. The Agria Group Holding benefited from a 14 million EUR investment, courtesy of EIB, in order to finance its port facility build, destined for storage, handling and export of agricultural products. The new […]

Moldova’s country index rises

Recent info shows the Eastern European country of Moldova to be experiencing progress in several business, industrial and educational segments. According to a 2018 global innovation ranking, Moldova went up six spots, compared to 2017’s data, reaching the 48th place out of 126 countries. Consequently, Moldova placed 17 when it comes to its IT exports, […]