live Hormuz shipping slows as Iran's Araghchi sets conditions for resumption
Shipping through the Strait of Hormuz slowed to a near standstill over the weekend, with five commodity vessels transiting Saturday and none on Sun...
Kazakhstan is moving forward with the construction of a major transport and logistics hub, the Kolzhat Dry Port, at its border with China, LS.com reported on 15 September.
Spanning 8,400 hectares, the complex will reserve 1,000 hectares for transport, logistics, and industrial facilities, while the remaining 7,400 hectares will be dedicated to agriculture.
Planned facilities include 45,000 square metres of warehouses, a temporary storage facility, a container terminal, a cross-border trade hub, an e-commerce platform, as well as residential and industrial zones.
The first phase, due by the end of 2026, will establish a 200-hectare logistics zone with 25 billion tenge (US$46.2 million) in investment. Cargo volumes through the checkpoint are expected to triple by 2030, from 400,000 tons in 2023 to 1.4 million tons annually, and rise to 2.3 million tons by 2040.
The second phase (2026–2028) will focus on an industrial zone for export-oriented production and processing, backed by 50 billion tenge (US$92.5 million). Authorities highlighted growing Chinese demand for livestock products, prompting the inclusion of low-temperature storage facilities.
The third phase (2028–2030) will add commercial infrastructure such as retail, hotels, and exhibition spaces, with another 50 billion tenge (US$92.5 million) investment.
A truck parking area for 300 vehicles headed to China and a storage site for 500 vehicles are already in place, with space for an additional 500 trucks to be ready by year-end.
Initial plans for an International Digital Transport and Logistics Hub at Kolzhat were first unveiled in May 2024, covering 8,500 hectares and divided into two stages (2024–2027). The updated three-phase strategy significantly broadens the scope, aiming to modernise the checkpoint and accommodate soaring cross-border trade flows.
At least 11 people were killed in Israeli strikes on southern Lebanon on Saturday, among the deadliest since a June ceasefire. Meanwhile, Qatar denied holding Iranian pilots. It said it had found the remains of one pilot after an airspace violation and had contacted Iran to coordinate a handover.
Shipping through the Strait of Hormuz slowed to a near standstill over the weekend, with five commodity vessels transiting Saturday and none on Sunday. Iran's Foreign Minister Abbas Araghchi said Washington must meet Tehran's conditions for shipping to resume.
A wildfire in Croatia driven by strong winds descended on the tourist town of Omis overnight, engulfing houses, forcing about 1,000 people to evacuate to safety and injuring dozens, fire brigade and health officials said on Friday.
U.S. President Donald Trump's threats to make the Strait of Hormuz part of U.S. territory have been mocked by Iran's Deputy Foreign Minister, Kazem Gharibabadi, who said the sea passage "cannot be seized by tweet."
Residents of villages in eastern Indonesia hit by a deadly earthquake that killed at least 54 people were awaiting aid on Monday as rescuers prepared to comb through collapsed buildings in search of people trapped beneath the rubble.
Kazakhstan has launched a unified digital platform to track coal supplies in real time, giving officials a clearer view of production, shipments, stocks and prices ahead of the heating season.
U.S. President Donald Trump’s push to end the war in Gaza returned to the diplomatic arena on Sunday (16 August), as his envoys met Egyptian, Qatari and Turkish mediators in Cairo while Israeli strikes continued across the strip.
At least 11 people, including three children and two women, were killed in Israeli airstrikes in southern Lebanon on Saturday, according to Lebanese authorities, in one of the deadliest escalations since a U.S.-mediated framework was agreed between Lebanon and Israel.
As the countries of the Turkic world seek deeper economic integration, the Turkic Investment Fund (TIF) is positioning itself as a key financial vehicle for turning political cooperation into tangible development projects.
For fishermen along Pakistan’s southwestern coast, the consequences of the U.S.-Iran conflict are being felt far from the battlefield.
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