Caspian Energy Journal Caspian European Club
Monday, 25 June 2018 15:00

Caspian Shipping Company making investments worth $1.5bln

Caspian Shipping Company making investments worth $1.5bln

“In coming 10 years the Caspian Shipping Company is planning to acquire 72 vessels, and we are ready to invest about $1.5bln. This package of investments is currently considered by the state. The majority of this package is to be funded from own resources while some part will be financed by the state. In spite of the fact that our main activity is carried out in the Caspian Sea, now we have 13 vessels operating under the flag of Azerbaijan in the Black and Mediterranean Seas”, Chairman of the Caspian Shipping Company CJSC Rauf Veliyev stated, Caspian Energy News ( ) reports with reference to

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Person in charge of the newsline: Fidan Isayeva

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