16% increase port traffic in last Iranian calendar year

Vienna, Austria (Ports Europe) April 23, 2020 - Iranian Transport and Urban Development Minister, Mohammad Eslami, has reported that the capacity of Iran’s ports has reached 250 million tons. According to Eslami in the past Iranian calendar year 1398 (ended on March 19), 147 million tons of commodities were transported through Iranian ports, compared to 134 million tons in the preceding 12 months. Transit of goods through ports also experienced a 16% increase in the past year despite the U.S. sanctions, the official added. He mentioned the significant improvement in the development of the Chabahar port, in the southeastern Sistan-Baluchestan province, saying that currently in Chabahar, seven cargo vessels are sending about 300,000 tons of basic goods to foreign destinations. Loading and unloading of goods in Chabahar port reached nearly 3 million tons in the past calendar year, 600,000 tons more than its preceding year, the official said adding that Chabahar port has had a significant impact on the Sistan-Baluchestan province’s economy. In October 2019, the head of Iran’s Ports and Maritime Organization (PMO) announced that after inaugurating the first phase of Chabahar port’s development plan, the port’s capacity increased four times in less than two years. Chabahar port is located on the Gulf of Oman in the southeast of iran, close to the Pakistan border and less than 100 nautical miles from the Pakistani port of Gwadar. The latter has seen considerable investment from China as is the end-point of the China–Pakistan Economic Corridor (CPEC), a collection of infrastructure projects that are currently under construction throughout Pakistan. CPEC will not only benefit China and Pakistan but will have positive impact on Iran, Afghanistan, India, Central Asian Republic, and the region. Iran sees the corridor as a way to increase exports and possible avoid U.S. sanctions. Iran is also keen on developing its Caspian Sea ports in the north of the country - Anzali, Noshahr and Amirabad. Iran is a member of the International North–South Transport Corridor (INSTC), a 7,200 km long multi-modal network of ship, rail, and road routes for transport of freight between India, Iran, Afghanistan, Armenia, Azerbaijan, Russia, Central Asia and Europe. The objective of the corridor is to increase trade connectivity between major cities such as Mumbai, Moscow, Baku, Astrakhan, Tehran, Bandar Abbas and Bandar Anzali. Further PortsEurope reading: Analysis – Strategic and overambitious Iranian move in Russian Caspian, financed by China, or much ado about nothing - March 22, 2020 Copyright (C) Ports Europe. All Rights Reserved. 2020.

16% increase port traffic in last Iranian calendar year

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16% increase port traffic in last Iranian calendar year

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All news

1.2 tonnes of cocaine seized in Spain’s Algeciras port

Four tonnes of cocaine seized off the Canary Islands

Russia’s ports handled 4.6 mln TEUs in Jan-Oct’24

New Caspian ferry line Turkmenbashi-Olya might finally launch

Kazakhstan’s ports handled 6.2 mln tonnes of cargo in Jan-Oct’24

Our Expert Analysis

Latest Free Reads

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