RZD profits rise as more freight traffic moves to the railways
Russia is continuing to develop its rail freight capacity, part of its eastern pivot after ...
Interesting article from emerging markets publication bne IntelliNews on Georgia – the Black Sea country not the US state – and its part in China’s one belt one road (OBOR) project, which seems to comprise several belts and several roads. Georgia counts China as its third-largest trading partner, behind Turkey and Azerbaijan, and ahead of Russia, as part of a long-term plan to pivot its economy away from its huge neighbour. The main infrastructure investment in the country has been the Baku-Tbilisi-Kars railway, connecting it with Azerbaijan and Turkey, which could significantly speed up the delivery of Asian export containers. But it would appear there are still substantial bureaucratic hurdles to overcome. “China has been testing the South Caucasus route since the announcement of the OBOR initiative in 2013. For example, in 2015 the connection efficacy between the Xinjiang province of China to the port of Poti in Georgia, via Kazakhstan and Azerbaijan, was tested. Railway cargo loaded in China on 29 January arrived in Georgia on 6th of February. However, almost a third of the time in transit was spent handling administrative obstacles.”
MSC Aries now bound for Iran, and crisis will be 'a catalyst for higher rates'
Urgent call for breakdown of cargo onboard as General Average declared on Dali
Hong Kong drops out of world's top 10 busiest container ports
Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
Flexport is 'back on track' – now it needs to start growing again
Bottlenecks and price hikes as airlines now avoid Iran airspace
Capture of MSC Aries will further drive up Indian export costs
Iran may now pose a threat to multimodal supply chains via Dubai
Alex Lennane
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During August 2023, please contact
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