Iran sends reply to U.S. peace plan as tensions persist in Strait of Hormuz
Iran said on Sunday (10 May) that it had sent its response to a U.S. proposal aimed at launching peace talks to end the war, as signs of tentative ...
The General Assembly of the Trans-Caspian International Transport Route (TITR) International Association was held today in Baku.
The meeting was attended by delegations from 10 countries, including heads of railway administrations from member states, as well as high-ranking representatives of transport and logistics companies.
During the event, it was emphasized that the Middle Corridor is rapidly developing as one of the region's key transportation arteries. It was noted that comprehensive measures have been implemented to improve the management of freight operations within the framework of close cooperation among member states. These measures include the integration of modern analytical information systems and the introduction of real-time cargo tracking services.
To ensure more transparent and efficient freight management, Singapore-based Global DTC introduced the "Digital Trade Corridor" multimodal platform and the "Fast Customs" platform for TITR. These innovations have not only enhanced the transparency of operations but also strengthened control mechanisms.
Special attention was given to increasing the annual cargo throughput capacity of the Baku–Tbilisi–Kars railway line from 1 million to 5 million tons, as well as restoring freight operations along this route.
Participants emphasized that the main objectives are to harmonize tariffs, increase the speed of freight transportation, and ensure cargo security. This approach will allow Middle Corridor countries to establish a more competitive and sustainable transport route in the long term.
During the meeting, the TITR International Association’s Working Group presented the approved tariff rates for 2025. Following this, the cargo transportation plan for this year and its implementation mechanisms were approved. Additionally, a decision was made to open an official TITR representative office in Xi'an, China.
At the conclusion of the meeting, agreements on the establishment of feeder connections between Caspian Sea ports and ensuring the loading of feeder vessels were signed.
The event continued with the “Middle Corridor via the Caspian Sea” forum, where participants discussed the efficient organization of maritime cargo transportation and potential future initiatives in this area.
Efforts to end the U.S.-Iran war appeared to stall as the two sides exchanged fire in and around the Strait of Hormuz. A reported CIA assessment suggested Tehran could withstand a U.S. naval blockade for months despite mounting sanctions and renewed Gulf attacks.
British paratroopers and military medics have been deployed to Tristan da Cunha after a suspected hantavirus case was confirmed, as first evacuation flights carrying passengers from the stricken MV Hondius cruise ship left Tenerife for Madrid and Paris.
Russia is holding a significantly scaled-back Victory Day parade in Moscow on 9 May 2026, reflecting heightened security concerns and the ongoing war in Ukraine, now in its fourth year.
Indonesian rescue teams have located two Singaporeans who went missing after Mount Dukono erupted on Friday (8 May) on the island of Halmahera, though authorities say it remains unclear whether they are alive.
The U.S. Defense Department has released dozens of previously classified files on unidentified anomalous phenomena (UAP) on Friday (8 May), following an order from President Donald Trump. U.S. officials described as a push for “unprecedented transparency”.
Iran said on Sunday (10 May) that it had sent its response to a U.S. proposal aimed at launching peace talks to end the war, as signs of tentative movement emerged around the Strait of Hormuz despite renewed security incidents across the Gulf.
Slovak Prime Minister Robert Fico has cited Azerbaijan as an example of what he described as a sovereign foreign policy, recalling remarks made by President Ilham Aliyev during talks in Yerevan, where he sharply criticised resolutions adopted against his country by the European Parliament.
SOCAR has completed the acquisition of a 99.82% stake in Italiana Petroli (IP) from API Holding after receiving all required regulatory approvals.
Fuel exports from Azerbaijan to Armenia are continuing, with eight rail wagons carrying 479 tonnes of diesel fuel dispatched as part of the latest shipment between the two South Caucasus neighbours.
A Kyrgyz–Japanese archaeological expedition has uncovered the remains of a Buddhist temple complex at the medieval settlement of Ak-Beshim, also known as Suyab, in Kyrgyzstan’s Chui Region.
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