AD Ports Group and AZCON Holding sign MoU to explore collaboration in transport and logistics infrastructure in Azerbaijan

AD Ports Group, a leading global enabler of trade, industry and logistics solutions, has signed a Memorandum of Understanding with Azerbaijan Transport and Communications Holding ( to explore strategic collaboration across ports, shipping, logistics, and digital trade solutions in Azerbaijan.
The MoU establishes a strategic framework for cooperation between the parties to explore investment opportunities and advance collaboration in integrated transport and logistics infrastructure, including maritime and digital solutions in Azerbaijan.
The MoU signing was witnessed by His Excellency Saeed Bin Mubarak Al Hajeri, Minister of State at the United Arab Emirates Ministry of Foreign Affairs; and Yalchin Rafiyev, Deputy Minister of Foreign Affairs of the Republic of Azerbaijan; in the presence of His Excellency Mohammed Al Blooshi, the UAE Ambassador to the Republic of Azerbaijan; His Excellency Elchin Baghirov, Ambassador Extraordinary and Plenipotentiary of Azerbaijan to the UAE; and Shahin Babayev, Executive Director of AZCON Holding. The MoU was signed by Abdulaziz Zayed AlShamsi, Regional CEO of AD Ports Group; and Vugar Mirzazada, Deputy Executive Director of AZCON Holding.
Abdulaziz Zayed AlShamsi, Regional CEO – AD Ports Group, said: “Our MoU with AZCON Holding marks a further step in advancing AD Ports Group’s corridor-focused strategy, strengthening trade links between Central Asia and Europe. Azerbaijan’s pivotal position bridging East and West offers strong opportunities, we look forward to leveraging our integrated capabilities across ports, maritime, logistics, and digital solutions to enable more efficient, connected, and commercially attractive trade routes.”
Vugar Mirzazada, Deputy Executive Director of AZCON Holding, said: “This MoU with AD Ports Group marks an important step in exploring opportunities that can further strengthen Azerbaijan’s transport, trade and maritime ecosystem. As Azerbaijan continues to enhance its role as a strategic link between East and West, cooperation across port development, shipbuilding, logistics, digital integration and multimodal connectivity can contribute to the long-term growth and competitiveness of the national economy. We see strong potential in this collaboration to support trade facilitation, improve supply chain efficiency and reinforce Azerbaijan’s position as a key logistics hub.”
This collaboration comes as the UAE-Azerbaijan Comprehensive Economic Partnership Agreement (CEPA) officially entered into force on 15 April 2026. The agreement will accelerate bilateral trade flows, create new opportunities for investments and joint-ventures, and enhance market access and global reach for exporters in both countries by eliminating or reducing tariffs on the majority of goods and services, in addition to enhancing private-sector collaboration and empowering entrepreneurs and SMEs.
The UAE’s non-oil foreign trade with Azerbaijan has already demonstrated robust growth, underscoring the strength and resilience of this bilateral relationship. Non-oil trade grew by 31.4% over the past two years to exceed $2.2 billion in 2025.
This collaboration also aligns with Azerbaijan’s improving economic outlook. According to Fitch Solutions’ BMI, real GDP growth is forecast to reach 2.5% in 2026, up from an estimated 1.4% in 2025, with improved domestic demand, investment activity and trade expected to support the recovery, reinforcing the importance of initiatives that enhance connectivity, trade facilitation and logistics efficiency.
The MoU complements AD Ports Group’s broader focus on Central Asia, where the Group is investing in logistics, port terminals, and shipping assets to strengthen connectivity along the Middle Corridor and support the movement of trade between Asia and Europe.
Related News.
September 25, 2026
ISLAND OIL: Unveiling of the Sculpture “Cyprus’s Journey Through the Ages” in Protaras – A Tribute and Landmark to Cyprus’s Historical Memory and Cultural Heritage
In a modest ceremony marked by a moving atmosphere, the sculpture “Cyprus’s Journey Through the Ages”, created by acclaimed Cypriot sculptor…
September 25, 2026
World Maritime Day 2026 from Policy to Practice – powering Maritime Excellence
Global regulations will deliver safer, more resilient shipping when they are implemented worldwide. The international maritime community marks…
September 25, 2026
Diana Shipping announces Time Charter Contract for m/v DSI Polaris with Dai An Ocean Shipping
Diana Shipping , a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a…
September 25, 2026
Chief Economists Expect Global Economy to Stabilize, but Fiscal Constraints, Rising Living Costs and AI Investment Uncertainty Threaten Growth
The global economy is stabilizing, but the fiscal support that cushioned successive shocks since 2020 is unlikely to play the same role in the year…
September 25, 2026
V. welcomes its new graduate cohort as programme expands across the group
Twelve graduates from nine nationalities join 11th year of V.’s expanded international management programme. V., the global ship manager and marine…
September 25, 2026
From Policy to Practice: Why Seafarers Are the Key to Maritime Excellence
The shipping industry is no stranger to regulation. Seafarers and ship operators work within a vast framework of international conventions, national…
September 25, 2026
Intermodal Report – Week 38 2026
Please find below the Intermodal market report for week 38 2026. Intermodal Report Week 38 2026 Market Insight By Nikos Tagoulis, Head of…
September 25, 2026
Allied – Weekly Market Review – Week 38
Please find below the Allied Weekly Report for Week 38 | 2026 ALLIED - Weekly Market Report- Week 38
September 25, 2026
Record year on the Northeast Passage but Arctic shipping remains very limited
In 2025, a record 103 transit voyages were made via the Northeast Passage. However, this is still equivalent to only around a day and a half of…
September 25, 2026
[xclusiv] S&P Report 21th September 2026
Please find below the [xclusiv] latest Weekly S&P Report [xclusiv] 2026_09_21 Market Commentary: VLCCs: Freight Boom Reprices the Fleet The VLCC…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























