Port News & Information Mediterranean, Black & Caspian Seas

North-South Corridor (INSTC)

The International North–South Transport Corridor (INSTC) is a 7,200-km-long, multi-modal transport corridor for moving freight between India, Iran, Azerbaijan, Russia, Central Asia and Europe. It includes a network of ship, rail, and road transport modes.

It was established in 2000 with the objective of increasing trade connectivity between major cities such as Mumbai, Moscow, Tehran, Baku, Bandar Abbas, Astrakhan and Bandar Anzali, as well as other cities and ports along the corridor. Participant countries aim to digitalise the process and reduce costs.

INSTC has gained importance this year since the Russian invasion of Ukraine started on February 24, 2022. Western sanctions against Russia quickly followed and European and U.S. markets are now closed to most Russian products. Moscow has responded by pivoting its import and export trade south and east. Iran, India and China are identified as key markets to be expanded in the strategy to replace European trade.
Ports Europe: Updated October 18, 2022

Armenia wants to operate a terminal in Iran’s Chabahar port

Yerevan, Armenia (Ports Europe) May 10, 2023 – Landlocked Armenia intends to become a terminal operator in the Iranian port of Chabahar, according to a...

Cargo throughput of Makhachkala port to triple by 2026

Makhachkala, Russia (Ports Europe) May 8, 2023 – Cargo throughput of Russian Caspian Sea port of Makhachkala will increase to 9 million tonnes per year by...

Russia to replace western port cranes with local products

Astrakhan, Russia (Ports Europe) May 8, 2023 – Russia’s SMM Group of Companies, the country’s leading manufacturer of heavy lifting equipment for...

Russia begs Indian businesses to move to its SEZ

Astrakhan, Russia (Ports Europe) May 3, 2023 – Sanctions-hit Russia is trying to lure India into helping it replace Western goods as well as equipment and...

Putin pushes for investments in INSTC

Moscow, Russia (Ports Europe) May 3, 2023 – Frustrated with the lacklustre performance of the International North-South Transport Corridor (INSTC), the slow...

80% less containers in Russia’s Baltic ports – growth in Far East

Moscow, Russia (Ports Europe) May 3, 2023 – In 2023, port container terminals of Northwest Russia will have only 20% of their capacity utilised....

Russia and India discussing joint shipbuilding programme

Astrakhan, Russia (Ports Europe) May 1, 2023 – Russia and India are discussing an intergovernmental agreement covering shipbuilding and ship repair,...

Russia, Kazakhstan, Turkmenistan to create a logistics JV for North-South Corridor

Aktau, Kazakhstan (Ports Europe) April 24, 2023 – Russia, Kazakhstan and Turkmenistan will create a single logistics operator on the eastern route of the...

New Delhi hosts trade mission from Russia

New Dehli, India (Ports Europe) April 20, 2023 – On April 3-7, India hosted a major trade mission of representatives of business circles, governmental...

Astrakhan port SEZ Lotos signs four agreements at TransRussia

Astrakhan, Russia (Ports Europe) April 20, 2023 – JSC SEZ Lotos attended the TransRussia exhibition in Moscow this week and signed four business...

Ruscon joins Volgograd container terminal investment project

Moscow, Russia (Ports Europe) April 20, 2023 – Multimodal transport operator Ruscon and Regional Industrial Parks Management Company have signed a letter...

Port of Olya to finally have a container terminal in 2024

Olya, Russia (Ports Europe) April 20, 2023 – The commissioning of the first stage of the Olya port area and the launch of the container terminal is scheduled...

Azerbaijan and China sign logistics agreement

Baku, Azerbaijan (Ports Europe) April 17, 2023 – Azerbaijan and China have signed a logistics agreement aimed at improving transport across Azerbaijan....

Caspian Sea water level is below the safe line

Makhachkala, Russia (Ports Europe) April 14, 2023 – The Caspian Sea water level around the Russian port of Makhachkala is below safety levels, which can...

North-South corridor needs 45 new container ships for the Caspian Sea

Moscow, Russia (Ports Europe) April 14, 2023 – For the normal operation of the International North-South Corridor (INSTC), passing through the Caspian Sea,...

Russia’s North-South corridor is struggling and is overrated

Astrakhan, Russia (PortSEurope) April 11, 2023 – The International North-South Corridor (INSTC) is sold by Moscow’s propaganda to the local audience...

Caspian Sea-Black Sea Forum discusses transport corridors

Constanța, Romania (PortSEurope) April 7, 2023 – The recent Caspian Sea-Black Sea Forum discussed the growing importance in the region of new transport...

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