Aktau Seaport Of Kazakhstan Sees Growth In Container Transshipment Via Middle Corridor
Date
4/20/2024 2:17:40 AM
(MENAFN- Trend News Agency) ASTANA, Kazakhstan, April 20. The volume ofcontainer transshipment through the Aktau seaport of Kazakhstanreached 7,400 TEU in the first quarter of 2024, Trend reports.
According to Kazakhstan Railways (KTZ, a national company), thisis 1,840 TEU, or 33 percent more than in the first quarter of2023.
At the same time, 6,400 TEUs from the aforementioned volume wereprocessed along the Trans-Caspian International transport Route(TITR, or Middle Corridor). This figure has climbed by 85 percentsince last year.
The Kazakh Aktau seaport is part of the Middle Corridor, whichensures cargo is dispatched to Azerbaijan's Baku port for furthersale to European countries. The Kazakh government is pursuing avariety of projects to expand this port in order to increase futurecargo traffic via the Middle Corridor. A huge container hub isbeing created at the port, cargo berths are being rebuilt, anddredging is happening.
The Middle Corridor is a transportation and trade route thatconnects Asia and Europe, passing through several countries in theregion. It is an alternative route to the traditional NorthernCorridor and Southern Corridor.
The route starts in China and crosses Central Asian countriessuch as Kazakhstan, Uzbekistan, and Turkmenistan. It then passesthrough the Caspian Sea, Azerbaijan, Georgia, and Türkiye beforereaching Europe.
The Middle Corridor offers a land route that connects theeastern parts of Asia, including China, with Europe, bypassing thelonger maritime routes.
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