Port of Liverpool welcomes UK’s largest whole maize vessel
NewsThe Port of Liverpool has received the UK’s largest shipment of feed maize, with 55,000 tonnes arriving from the U.S. to support local farming communities.
Azerbaijani-Russian joint venture AzRusTrans is prepared to invest US$20M-30M in the construction of a 60,000t grain rail terminal at the Azerbaijan-Iran border, aimed at transporting Russian grain exports to Iran, as well as to other Middle East markets. AzRusTrans director general Javid Guliyev said phase one of the terminal could be built by the end of 2017, to synchronise it with the launch of the 164 km-long Qazvin-Rasht- Astara railway, which will link Azerbaijan’s and Iran’s national rail
AzRusTrans would be able to save 30-40% on transport costs using the new route, and Guliyev believes the company could deliver up to 1.5 Mt of Russian grain to Iran and Eastern Turkey in the immediate future, with volumes gradually increasing.
Set up in September last year to double the volume of cargo traffic railed through Azerbaijan to 2 Mtpa by 2020 and up to 5.5 Mtpa at a later stage, AzRusTrans is controlled by Azerbaijan Railways (51%), with the remaining stake held by Russian grain and agribulk rail operator RusAgroTrans.
The JV has so far purchased 500 grain cars from Azerbaijan Railways, and it plans to run 2,500-3,000 dedicated grain cars in the near future.
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