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Azerbaijan Caspian Shipping Company (ACSC) and OJSC ‘Moscow River Shipping Company’ (MRSC) have signed an MoU which will the see the pair work together to develop the coastal infrastructure for cruise tours, including bunkering operations.

Signed in Baku, the Memorandum of Understanding (MoU) provides for joint activities on the study and development of optimal routes for cruise passenger vessels, such as Black Sea ports, Russian inland waterways and Caspian Sea ports. The shipping companies will also prepare joint investment projects, including joint use of the Peter the Great cruise passenger liner - the first cruise liner in the Caspian Sea - and the construction of new cruise vessels for the development of sea tourism along the planned routes.

In addition to bunkering infrastructure, ACSC and MRSC will work together to develop berths, border posts, Customs and sanitary control, and to optimise port charges.

During the meeting between the two companies, MRSC General Director, Konstantin Anisimov, highlighted the great opportunities of tourism of Baku, noting that the organisation of sea cruises would attract tourists to Azerbaijan.

According to the MoU, by the end of 2019, the sea tours of Peter the Great – the vessel is currently under construction at the ‘Lotos’ shipyard, Astrakhan - will have started in Baku. Initially operating between Astrakhan and Baku, from 2020 the vessel will visit other Russian cities.

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