Corridor “North – South” can not cope with the increased traffic
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In March 2023, the terms of transportation from India, Iran and other countries of South-West Asia along the trans-Caspian branch of the international transport corridor (ITC) “North-South” increased year-on-year to 60 days, and the price doubled to $7,000 in 20 -foot container (TEU).
Russian ports cannot cope with the growing cargo flow due to the lack of berths, terminals, cranes and other infrastructure in Astrakhan, the small number of ships on Iran-Russia flights, and congestion in the shallow Volga-Don Canal. This is reported in the review of the PEK company, prepared jointly with the business ambassador of Delovaya Rossiya in India, Olga Kulikova. The information was also confirmed by other logistics companies – FM Logistic, Sota Logistic, Novelco, TransAsia Logistic, STS Logistics, Prime Shipping Agency LLC and others.
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