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SunExpress, a joint venture of Turkish Airlines and Lufthansa, to Launch Flights to 16 New Foreign PDF Print E-mail
Written by TACCI Admin   
Wednesday, 17 December 2014 17:54

SunExpress to fly to 16 new foreign destinations in 2015

SunExpress, a joint venture of Turkish Airlines and Lufthansa, will launch flights to 16 new foreign destinations from İzmir and Antalya by summer 2015. 

“SunExpress will make scheduled flights to Paris CDG, Strasbourg, Lyon, Nantes, Genoa, Memmingen, Copenhagen, Luxembourg, Amsterdam and Stockholm from Antalya, in addition to its current flights to 38 foreign destinations. We will also start charter flights to Keflavik in Iceland, Pristina, and six destinations in Poland. Overall, a total of 267 flights will be made on a weekly basis to 48 foreign destinations in 12 different countries from Antalya,” the company said in a written statement. 

SunExpress will also operate flights to Brussels, Rome, Milan, Toulouse, Baku and London from İzmir in addition to its existing 30 foreign destinations. The company will make 123 flights to 36 foreign destinations from Turkey's Aegean city of İzmir on a weekly basis. 

“SunExpress connects 15 cities of Turkey to 65 different destinations in Europe. We will continue to grow in 2015 as the only airline company which makes direct scheduled flights from Anatolian cities to Europe,” said SunExpress Vice President Faruk Çizmecioğlu.

Last Updated ( Wednesday, 17 December 2014 17:55 )
Turkish Petroleum and Shell Plan to Explore Oil and Gas in the Western Black Sea in 2015 PDF Print E-mail
Written by TACCI Admin   
Tuesday, 16 December 2014 18:04

Turkish Petroleum, Shell ‘to explore oil’

Turkish Petroleum and Shell plan to earch oil and gas in the western Black Sea in 2015, according to a joint project file submitted by the companies. AP photo

Shell Upstream Turkey and Turkish Petroleum will conduct oil-and-gas explorations in the western 
Black Sea in 2015, a research report has revealed.

According to the project filed by Shell Upstream Turkey and Turkish Petroleum, the Anglo-Dutch multinational oil-and-gas company and Turkish Petroleum will start their exploration in the first quarter of 2015 and continue their activities in the region for eight months. The two companies plan to spend around 237 million euros on the project in the western Black Sea.

Three platform-supported drilling vessels will carry out the two companies’ energy exploration. A land supply base will also be built at the Haydarpaşa Port in Istanbul.

Between 235 and 285 workers are expected to be employed as part of the project. Around 20 percent of the employees will be hired from Turkey, while 80 percent will come from outside the country.

Shell Upstream Turkey and Turkish Petroleum signed an agreement in February 2013 to conduct deep-sea exploration activities in the westernmost part of Turkey’s 
Black Seawaters.

Istanbul is on a Fast Track to Become a Regional and Global Financial Center PDF Print E-mail
Written by TACCI Admin   
Monday, 15 December 2014 17:18
Istanbul’s finance center ranking leaps up  


Milliyet – Turkey’s financial capital is on a fast track to become a regional and global financial center, to reach the 47th rank of this year’s Global Financial Centres Index, up from the 72th place in 2009. Turkish government initiated the “Istanbul International Finance Center Project “in 2009 with the aim to concentrate the head offices of the country’s governing bodies of financial markets, state-owned banks and related organizations in Atasehir district in the city’s Anatolian side.

Expected to climb to the 25th place by 2018 in the ranking issued by the London-based consultancy firm Z/Yen, Istanbul holds immense potential for accumulation and distribution of regional financial resources.

Borsa Istanbul and the upcoming energy exchange (EPIAS) to be integrated into Borsa Istanbul, are to play an important role in the city’s bid to become an international finance center. Full government backing to turn Istanbul into an international finance center is coupled by a vibrant economy, solid banking system, skilled labor force and the status of an air travel hub. \



Last Updated ( Monday, 15 December 2014 17:19 )
Turkey to sell gasoil to Bangladesh in 2015 PDF Print E-mail
Written by TACCI Admin   
Thursday, 11 December 2014 16:47

Bangladesh will start to buy gasoil from the Turkish Petroleum International Company in 2015 for the first time to meet its growing demand for fuel.

Bangladesh to buy gasoil from Turkey in 2015

Turkish Petroleum International Company is to supply Bangladesh with 60,000 tons of gasoil in 2015 for the first time to meet the growing demand for fuel in the country, the chairman of the state Bangladesh Petroleum Corp (BPC) said Dec. 7.

Last month, BPC concluded negotiations on imports of oil products during the first half of 2015 with 10 companies, including Turkish Petroleum.

The Turkish company will supply 60,000 tons of gasoil with 500 parts-per-million (ppm), BPC Chairman Mohammad Eunusur Rahman told Reuters.

Premiums for gasoil with 500 ppm were fixed at $4.60 a barrel over Middle East quotes, as the country aims to lower the sulphur content of its gasoil imports from January 2015, in line with a global move towards cleaner fuel.

The BPC finalized its gasoil with 2,500 ppm sulphur contract for January-June period at a premium of $4.50 per barrel over Middle East quotes, down from $4.80 per barrel for the second half of 2014.
The BPC plans to import 2.5 million tons of gasoil in 2015.

A shortage of natural gas has forced the South Asian country to turn to costly oil-fired power plants.
The BPC’s 33,000-barrels-per-day refinery in Chittagong meets about 30 percent of the country’s fuel oil needs.

Bangladesh buys fuel oil from a number of national oil companies, including Malaysia’s Petronas, Philippines National Oil Co (PNOC), Emirates National Oil Co (ENOC), Vietnam’s Petrolimex, and also from Unipec.


Turkey Among the Fastest Growing Markets in Logistics – JLL Report PDF Print E-mail
Written by TACCI Admin   
Wednesday, 10 December 2014 15:35

Dünya – Poised to become a global logistics center within the next 10 years, Turkey is increasingly picked by global logistics companies that seek the ideal location to manage their operations in Europe, Middle East, Central Asia and North Africa.

The country is expected to be among the fastest growing markets, according to Jones Lang LaSalle’s (JLL) European Logistics and Industrial Sentiment Survey. “A large number of global companies plan to set up their regional hubs in Istanbul in parallel with Turkey’s 2023 targets”, according to Avi Alkas, the head of JLL Turkey commenting on the report.

The growth rate of the vital sector is forecast to hit 48 percent in the next 5 years, the survey predicts, with the industrial bases in Turkey’s most industrialized cities of Istanbul and Kocaeli being most on demand by foreign investors.

Among notable entrants into the Turkish logistics market in recent years are the Japanese companies, namely Yusen Logistics which established its Turkish division in 2012, and Hitachi Transport Systems which acquired majority stakes in Turkish Mars Lojistik last year. Deutsche Post DHL, long active in Turkey, recently announced plans to invest EUR 100 million in the country until 2020.

The country has set goals to meet by its centennial in 2023, including reaching an export volume of USD 500 billion, a GDP of 2 trillion, and becoming a global logistics hub. 


Last Updated ( Wednesday, 10 December 2014 15:36 )

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