News / IRISL leads the way as regional carriers ply new India-Russia trade on north-south corridor

© TasFoto

Asian regional carriers are actively tapping into the potential of India-Russia trade stakeholders striving to expand use of the “International North South Transport Corridor (INSTC)” route as an alternative freight connection in the wake of western sanctions on Moscow.

INSTC is a multimodal, cross-border freight transportation network, involving sea-rail-road connectivity links, between India, Russia, Iran, Europe and Central Asia.

Leading the effort, Islamic Republic of Iran Shipping Lines (IRISL) carried a record container volume of some 27,500 teu, equating to about 337,000 ...