2.6 times more containers via Middle Corridor in Jan-Oct’24

Astana, Kazakhstan (Ports Europe) November 17, 2024 – Container shipments along the Trans-Caspian International Transport Route (TITR, Middle Corridor), bypassing Russia in January-October 2024 increased by 2.6 times compared to the first 10 months of 2023 and reached 46,300 TEUs, Kazakhstan Railways (Kazakhstan Temir Zholy - KTZ) said. China sent 27,600 boxes, which is 26 times higher than last year's figure. Container transit from China via Middle Corridor increased 14 times The Middle Corridor connects China and Central Asian countries with Europe via the Caspian Sea, the South Caucasus and Turkey. The capacity of the 11,000 km long TITR is planned to increase to 10 million tonnes of cargo annually by 2025. 70% cargo increase along the Middle Corridor in Jan-Sep’24 The land and sea transport route Middle Corridor benefits Kazakhstan, Azerbaijan, and Georgia economically due to increased trade activities. It especially benefits Kazakhstan’s Caspian Sea ports of Aktau, Kuryk, Atyrau and Bautino; Azerbaijan’s Baku; and Georgia’s Poti and Batumi. According to Ulugbek Orazov, Deputy General Director for Commerce of KTZ Express (a subsidiary of KTZ), the company plans to expand its presence in the ports of Alyat (Caspian Sea, Azerbaijan), Constanta (Black Sea, Romania) and Budapest (Danube River, Hungary). “The implementation of these projects will strengthen the transit potential of cargo transportation and ensure a full logistics cycle “from door to door” along the entire route,” Orazov said. Background Currently, the delivery time from Altynkol, Kazakhstan’s border crossing with China, to Azerbaijan’s Caspian port of Baku is just 9 days, KTZ said. The journey across Azerbaijan to Georgia’s Black Sea ports of Poti and Batumi is 12 days. The route to the Romanian Black Sea port of Constanta via Poti or Batumi is 20–22 days. Earlier, it was reported that China is set to invest $3.7 billion in a container hub the Port of Aktau and the supply of 200 new locomotives to KTZ it was announced in July. KTZ and Chinese Lianyungang Port Group will build the container hub. Chinese company CRRC will supply the new locomotives. Key role for Trans-Caspian segment of TITR Transportation along the TITR is planned to increase from 2.7 million tonnes in 2023 to over 4.2 million tonnes in 2024. This indicator should correspond to the cargo flow between the Aktau/Kuryk ports and the port of Baku. The entire Kazakhstani port complex has an annual capacity potential of 21 million tonnes of cargo. In 2023, KTZ, together with the railway administrations of Azerbaijan and Georgia, established the Middle Corridor Multimodal joint venture. It is expected to strengthen the multimodal services along the route, offering a “one-stop-shop” service that guarantees both delivery times and costs. China, via its state-owned China Railway Container Transport Corporation (CRTC), is to join the Middle Corridor Multimodal joint venture, which will significantly enhance the country’s trade routes to Europe and Central Asia via the TITR, bypassing Western sanctions-hit Russia, it was announced earlier in November. China joins the Middle Corridor Multimodal JV via CRTC KTZ is the owner of Kazakhstan’s Caspian Sea ports of Aktau and Kuryk which are key nodes of the Middle Corridor. The cargo turnover of the two Kazakh ports within the Middle Corridor project for 2023 increased 65% compared to 2022 to 2.8 million tonnes. Earlier, it was reported that China is set to invest $3.7 billion in a container hub in the Port of Aktau and the supply of 200 new locomotives to KTZ, it was announced in July. KTZ and Chinese Lianyungang Port Group will build the container hub. Chinese company CRRC will supply the new locomotives. More Ports Europe news about Kazakhstan Copyright (C) Ports Europe. All Rights Reserved. 2024.

2.6 times more containers via Middle Corridor in Jan-Oct’24

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2.6 times more containers via Middle Corridor in Jan-Oct’24

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