Delo Group seeks to expand International North–South Transport Corridor

Novorossiysk, Russia (Ports Europe) September 15, 2021 - Chairman of the Board of Directors of Delo Group, Sergey Shishkarev, has suggested to develop the International North–South Transport Corridor (INSTC) not only through the Caucasus through Iran towards India, but also via southern Russian ports towards Africa. The International North–South Transport Corridor (INSTC) is a 7,200-km-long multi-mode network of ship, rail, and road route for moving freight between India, Iran, Afghanistan, Azerbaijan, Russia, Central Asia and Europe. The route primarily involves moving freight from India, Iran, Azerbaijan and Russia via ship, rail and road. The Delo chairman said that in the next decade Africa will start playing a greater role in the world economy as its economies and populations grow, and production increases. These products will need a route to European and Asian markets. “If we talk about the North-South corridor, then I ask: let's not be late with its development. Trends suggest that more and more production centers will move from Southeast Asia to Africa over the next five to ten years. Cheap labor, robotization, new energy opportunities - all this will allow us to see that production will be located in Central and North Africa. And I am surprised that in all calculations this corridor goes only to the right, to the Caspian Sea and Iran”, said Shishkarev, speaking on the 15th of September 2021 at the 30th Plenary Meeting of the Coordination Council for Trans-Eurasian Transportation. “Novorossiysk, Rostov and Taganrog should appear on the schemes in these directions. Large imports and large transit will go along this direction along the African route", he added, supporting the view that Russia should become more involved with international transport corridors. Within the framework of the traditionally largest East-West transit corridor Sergey Shishkarev also called on to intensify the efforts of all authorities and companies to completely remove all barriers so that the share of transit through the territory of Russia exceeds these 4% in the total cargo turnover between Asia and Europe, which this the route is currently taking. “It is necessary to literally seize the moment and increase efforts by using all the natural advantages that the Russian Federation has. For example, a geographical bridge between these two zones of production and consumption as well as latest technologies could help to build up the interaction of all participants in the state authorities - both customs and quarantine services to create a truly seamless movement of containers", he also added. In this regard, he drew attention to the need to pay increased attention to the development of border crossings on the eastern border of Russia, which are currently bottlenecks on the way of transport flows from Asia to Europe and vice versa. Delo Group is the largest transport and logistics holding in Russia, managing sea container terminals in the Azov-Black Sea, Baltic and Far Eastern basins, a network of railway container terminals, a fleet of containers and fitting platforms. The Group's stevedoring business includes DeloPorts holding and Global Ports, a leading container terminal operator Copyright (C) Ports Europe. All Rights Reserved. 2021.

Delo Group seeks to expand International North–South Transport Corridor

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Delo Group seeks to expand International North–South Transport Corridor

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All news

DP World issues a “blue bond” in the Middle East

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