New freight route connects China and Serbia

A new freight route between China and Serbia has started operating. The route connects the Chinese province of Hebei with Serbia’s capital Belgrade. The train service aims to increase connectivity between Europe and China as part of the Belt and Road Initiative (BRI). Freight trains running on the newly established route will take twenty days…

AD Ports Group acquires majority share in Tbilisi Dry Port

AD Ports Group has acquired a majority share in the Tbilisi Dry Port. The logistics company, headquartered in Abu Dhabi, purchased sixty per cent of shares. Construction on the dry port is still ongoing, but it is scheduled to enter into operation in late 2024. With the acquisition of a majority stake in the Tbilisi…

AD Ports Group acquires majority share in Tbilisi Dry Port

AD Ports Group has acquired a majority share in the Tbilisi Dry Port. The logistics company, headquartered in Abu Dhabi, purchased sixty per cent of shares. Construction on the dry port is still ongoing, but it is scheduled to enter into operation in late 2024. With the acquisition of a majority stake in the Tbilisi…

AD Ports Group acquires majority share in Tbilisi Dry Port

AD Ports Group has acquired a majority share in the Tbilisi Dry Port. The logistics company, headquartered in Abu Dhabi, purchased sixty per cent of shares. Construction on the dry port is still ongoing, but it is scheduled to enter into operation in late 2024. With the acquisition of a majority stake in the Tbilisi…

Russia starts rail freight service through occupied Ukrainian land

Russia has launched a rail freight service through occupied Ukrainian territories. It started working on a direct rail line to Crimea over land last year. On 15 March, Russia reported that the freight route between Rostov-on-Don and Crimea started operating. According to Oleg Kalevatykh, the deputy head of ‘Novorossiya Railways’, the first train on the…