AD Ports Group has signed a contract with Baku Shipyard in Azerbaijan to build two 780-TEU shallow-draft container vessels for trade across the Caspian Sea.
The vessels are due for delivery in the fourth quarter of 2027 and will operate on key routes to boost maritime connectivity, increase cargo capacity and strengthen the trans-Caspian logistics corridor.
“This step aligns with the vision and directives of our wise leadership in the UAE and reaffirms AD Ports Group’s commitment to supporting the growing trade needs of the Caspian region,” said Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group.
“Partnering with Baku Shipyard ensures these vessels will meet the highest international standards, enabling us to deliver greater capacity, improved service reliability and contribute to the long-term growth of supply chains.”
The agreement was formalised at a ceremony attended by Azerbaijani President Ilham Aliyev and UAE President Sheikh Mohamed bin Zayed Al Nahyan.
The move comes after AD Ports Group’s recent expansion in Central Asia, including the launch of the first phase of the Tbilisi Intermodal Hub in June 2025 and the signing of a Comprehensive Economic Partnership Agreement between the UAE and Azerbaijan in July.
The UAE is among Azerbaijan’s largest foreign investors, with more than US$1 billion in direct investments. Bilateral non-oil trade rose by 43 per cent in 2024 to US$2.24 billion, underlining the growing momentum of economic ties.
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Israel said it struck military targets in western and central Iran on Monday, even after U.S. President Donald Trump reportedly told Israeli Prime Minister Benjamin Netanyahu to refrain from further attacks.
The results of Armenia’s parliamentary elections will determine the makeup of the National Assembly and shape the country's political direction for the foreseeable future. But in Armenia, the final result is not decided by vote percentages alone. Here's how it works.
Sirens rang out across multiple areas of Israel on Sunday night after missiles were launched from Iran towards the country, the Israeli military said. Earlier, Tehran's top negotiator in talks with the U.S. threatened to target Israeli and American assets in the region, after Israel struck Beirut.
For about three decades after the Soviet collapse, Armenia anchored its foreign and security policy to Moscow.
Counting is underway in Armenia's elections. The results of the vote are set to determine the political direction of the country of three million people for the next few years. Prime Minister Nikol Pashinyan is hoping to fend off challenges from several pro-Russia candidates to secure a third term.
Armenian authorities arrested six candidates from the pro-Russian Strong Armenia bloc on Saturday, one day before voters were due to take part in parliamentary elections.
The Prime Minister's party is in the lead as Armenian media are reporting that the country's Central Election Commission has completed the vote count in the parliamentary elections. An official announcement is still expected.
Azerbaijan's Foreign Ministry has confirmed the number of casualties its citizens suffered as a result of the 5 June drone attacks on the cargo ships Natra and Zircon in the Sea of Azov. In a statement, it said four Azerbaijani citizens were killed and four others were injured.
The results of Armenia’s parliamentary elections will determine the makeup of the National Assembly and shape the country's political direction for the foreseeable future. But in Armenia, the final result is not decided by vote percentages alone. Here's how it works.
Chinese President Xi Jinping arrived in Pyongyang on Monday (8 June) for a rare summit with North Korean leader Kim Jong Un, receiving a grand welcome as he described relations between the two countries as being at a "new historical starting point".
Football fans of all ages gathered in Miami Beach for a World Cup sticker trading event, exchanging duplicates and comparing Panini albums as they prepared for the tournament's opening match.
A Turkish fishing vessel rescued migrants from a boat in distress in international waters off Malta on Sunday (7 June), after the overcrowded craft capsized in the central Mediterranean.
The leaders of Britain, France and Germany have backed Ukrainian President Volodymyr Zelenskyy's proposal to hold direct talks with Russian President Vladimir Putin, as efforts to secure a ceasefire continue.
A powerful earthquake struck off the southern Philippine island of Mindanao on Monday (8 June), killing at least 15 people and triggering tsunami warnings across the region.
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