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New China-Europe route is rich in intermodal transfers
THE opening of the Turkmenbashi port in Turkmenistan on the Caspian Sea gives shippers another China-Europe rail route to consider, reports, reports IHS Media.
Shipments would be railed to Turkmenbashi before loading on a ship across the Caspian Sea to Baku, Azerbaijan, where they "make their way" to the Georgian ports of Batumi and Poti shipboard re-loading across the Black Sea to Romania, where the corridor terminates.
Turkmenbashi port is part of the Europe-Caucasus-Asia (TRACECA) trade corridor running from western China through Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Turkmenistan to Europe.
Preliminary estimates of US$5,500 to $6,000 per container would make it cheaper than the $6,000 to $7,500 per container for China-Europe rail shipments on Russia's Trans-Siberian Railway, says the report.
Shipments would be railed to Turkmenbashi before loading on a ship across the Caspian Sea to Baku, Azerbaijan, where they "make their way" to the Georgian ports of Batumi and Poti shipboard re-loading across the Black Sea to Romania, where the corridor terminates.
Turkmenbashi port is part of the Europe-Caucasus-Asia (TRACECA) trade corridor running from western China through Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Turkmenistan to Europe.
Preliminary estimates of US$5,500 to $6,000 per container would make it cheaper than the $6,000 to $7,500 per container for China-Europe rail shipments on Russia's Trans-Siberian Railway, says the report.
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