Transit through INSTC corridor more than quadruples
The International North-South Transit Corridor (INSTC) has witnessed a 360% growth in transit after its marine route became operational by Khazar Sea Shipping Lines Company (KSSL), KSSL managing director said.
Kambiz Jahanbani further elaborated on the company’s potential, noting that transit vessels supplied to customers by the KSSL, which is a subsidiary of the Islamic Republic of Iran Shipping Line (IRISL), are more than what is demanded, IRNA wrote.
He said that the transit cargos are smoothly loaded and transited at Iranian northern ports.
The official added that Iran is fully prepared to carry out the multimodal transit of cargos from Asia and the regional countries to Russia and the Commonwealth of Independent States (CIS) nations.
Jahanbani noted that Khazar Sea Shipping Lines Company is ready to provide all modes of transport in the entire INSTC corridor.