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CASPAR awaits solving the decision of question regarding Azerbaijan's vessels passing Russia's territorial waters

Business Materials 3 July 2006 14:20 (UTC +04:00)

This year, the situation with passage of Azerbaijans vessels in Russian waters is unlikely to change, Trend reports quoting Aydin Bashirov, President of Caspian Marine Lines. To solve this question, Russian shall update both Marine Code and current legislation, which may happen in 2007 or 2008.

At the moment the transit fee for Azeri vessels in Russia is $20 $25k (one side). Russian vessels pay $5-$6k for similar movements.

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