Azerbaijan's Baku Shipyard is in talks over newbuildings with state owner Caspian Shipping Company (Kaspar).
According to the Trend news agency, the shipbuilder said: "The long-term work on the renewal of vessels for various purposes has been jointly implemented by the Baku Shipyard and Kaspar company.
"At the moment, the negotiations are underway on the construction of new crane vessels, harbour tugs and additional oil tankers."
