The flag of the bulk carrier “Musala” was raised at the Chinese plant Jiangsu Yangzi-Mitsui where the vessel was built, Navigation Maritime Bulgare (Navibulgar) said. It is the seventh of twelve 32,150-ton bulk carriers contracted by Navibulgar. The next vessel will be named “Slavyanka” and will join the Navibulgar fleet in August. The rest of the bulk carriers “Koznitsa”, “Kamenitsa”, “Sakar” and “Murgash” will be completed in 2024 and 2025.
The new bulk carrier “Musala” is the third vessel with this name in the history of the shipping company Navigation Maritime Bulgare. The first one was built in 1947 in Varna. It had a cargo capacity of 200 tons and was operational until 1961. Later, it was converted into a bar-restaurant on the beach in Burgas. The flag of the second “Musala” vessel, a 13,348-ton ore carrier was raised in Japan in 1967. It was operational until 2009.
Although bilateral trade reached nearly $4 billion last year, there are still untapped opportunities to further increase Bulgarian exports to China. This was made clear at a meeting between the Minister of Economy and Industry, Mr. Petko Nikolov, and..
Housing loans in Bulgaria increased by 24.8% year-on-year, reaching BGN 22.3 billion (EUR 11.4 billion) by the end of June 2024, according to the BGNES news agency. Consumer loans also rose by 14% year-on-year compared to June 2023, reaching BGN..
Bulgaria’s real GDP growth is expected to stand at 2.1% in 2024, indicates the macroeconomic forecast of the Bulgarian National Bank (BNB) in June. Bulgaria’s real GDP growth is expected to stand at 2.1 per cent in 2024, driven by the positive..
The European Bank for Reconstruction and Development (EBRD) has slightly lowered its growth forecasts for the regions in which it invests. Bulgaria's..
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