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International Shipping
Iranian export boxes increase 120pc across Caspian Sea
Date:2022-12-01 Readers:
THE shipment of export container goods has risen 120 per cent across the Caspian Sea in the first seven months of the current Iranian calendar year (March 21-October 22) compared to the previous year, reports the Tehran Times.

The head of Iran's Khazar Sea Shipping Lines, Kambiz Jahanbani, also announced that the transit of goods along the International North-South Transit Corridor (INSTC) has increased 350 per cent in the first seven months of this year from the previous year.

According to Mr Jahanbani, new developments in Iran's economic relations with Russia and the booming of trade and transit along the International North-South Transit Corridor has been the main reason for the mentioned increase.

Considering the new developments in Russia and in the region's cargo transportation routes, the demand for exports to this country is growing, he said.

Emphasising that the fleet of Khazar Sea Shipping Lines is operating at 100 per cent capacity to handle the shipping demand along the INSTC from the northern ports of the country, Mr Jahanbani said "Khazar Sea Shipping Lines is trying to fulfill its role and duty in the field of transporting export goods, especially along the north-south corridor."

He said 38 per cent of the country's export cargo are transported by Khazar Sea Shipping Lines.

"Twenty per cent of the fleet commuting to the northern ports of the country belongs to the Khazar Sea Shipping Lines and the rest belong to foreign companies," he said.

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