Russia-Iran streamline interbank payments for more transport and investments
Russia and Iran have officially entered an agreement to connect their interbank payment systems. Iran’s Shakr Bank and Russia’s VTB Bank will lead a project to link 158 banks and facilitate payments, investments, and other...Read more
New railway line connecting east and west, this time in Iraq
A new railway link from the Persian Gulf to Turkey and eventually Europe is in the design phase. The country of transit? Iraq. The country is speeding up the project, as it is well aware...Read more
KTZ Express: new India-Kazakhstan service via Iran-Turkmenistan
Kazakhstan is joining Russia in the quest to develop the eastern branch of the International North-South Transport Corridor (INSTC). The newest development is that KTZ Express, the multimodal subsidiary of Kazakhstan’s national railway company KTZ,...Read more
Siemens supplies Indian Railways with 1,200 electric locomotives in deal of the century
In the single largest locomotive order in the company’s history, Siemens Mobility will deliver 1,200 electric locomotives to Indian Railways. Producing 9,000 horsepower (HP), the brand-new locomotives will dominate the Indian railway network, which is...Read more
Russia want to double capacity on Moscow-Mumbai corridor
Russia wants to increase the capacity of the International North South Transport Corridor (INSTC). The throughput capacity of all branches of the corridor between Russia and India is, at full potential, 14 million tonnes per...Read more
EDB: ‘INSTC potential not limited to Russian involvement’
The frenzy noted lately around the International North-South Transport Corridor is not only limited to Russia’s benefits through it. The INSTC has been projected as the Russian lifeline during the past months after the western...Read more
RZD launches first regular train Moscow-India
The consecutive pilot services along diverse routes of the International North-South Transport Corridor (INSTC) in the past months are finally bearing fruits for the Russian Railways. RZD launched the first regular INSTC container train service...Read more
Transport blockade could cost Armenia’s INSTC position and strengthen Azerbaijan’s
The issue of the transport blockade imposed on Armenia by Azerbaijan and Turkey could prove detrimental to the country’s position in the International North-South Transport Corridor (INSTC) backed by Russia. Alexei Overchuk, the Russian deputy...Read more
Indian Railways launches innovative, homemade aluminium freight rake
Besco Limited Wagon Division, an Indian wagon manufacturer, collaborated with Hindalco, an Indian aluminium manufacturer, to build a new type of train rake. It is the first indigenously manufactured aluminium rake for Indian Railways freight...Read more
Iran eyes another operator for Chabahar port in view of new rail line
What appeared to be stable and fruitful cooperation at the Iranian Chabahar port is clouded by doubt. The Secretary of the Shipping Association of Iran, Masoud Polmeh, has expressed concerns about India Ports Global Limited...Read more
Russia-India corridor now goes east, middle and west
The eastern branch of the International North South Transport Corridor (INSTC) is a fact. Six trains are currently en route overland, from Russia to India via Turkmenistan and Iran. These trains indicate the increased interest...Read more
Record-breaking traffic on Russia-India corridor, but where is the train?
Record volumes are transiting through the International North South Transport Corridor (INSTC) this year, but it has little to do with rail. Shipments are passing through Iran by truck, as the railway network in the...Read more
Iran finishes line section that puts Chabahar port on railway maps
The significance of Chabahar’s port in the supply chain between Russia and India via Iran is apparent in India’s willingness to invest heavily and develop it further. Yet, what is considered a crucial transport gateway,...Read more
China and India ready to battle before the International Chamber of Commerce
The Indian national railway operator and a Chinese tech company have submitted claims for damages against each other in an ongoing feud that started in 2020. The feud is about a contract for a project...Read more
Iran pushes to ink official contract with India to develop Chabahar port
The Iranian minister of roads and urban development, Rostam Qasemi, does not aim to miss any more time and wants to make India’s involvement in the port of Chabahar’s development official. After Indias’s investment in...Read moreIran, a corridor and a missing link: will Russia unlock them?
ANALYSISIran’s role in the international North-South Transport is crucial. Yet, despite some railway infrastructure advancements, it is also the corridor’s weakest link. A Russian delegation visited the country for this purpose, examining how getting involved...Read moreIndia invests in Chabahar port to boost International North-South Corridor
The noticeable growth of the North-South transport Corridor (INSTC) is putting key transport hubs in the foreground. India aims to invest in the Iranian port of Chabahar with six new cranes, recognising its importance in...Read more
A new stop on the Russia-Iran corridor: port of Turkmenbashi
Turkmenistan will join India, Russia, and Iran on the International North-South Corridor (INSTC). The countries signed agreements towards this end last week during the Ministerial Transport Conference of Landlocked Developing Countries, held in Avaza, in...Read moreCan the International North-South Corridor become a lifeline for Russia?
The International North-South Transport Corridor (INSTC) linking Russia and India has made major strides in recent days. Thanks to Russia’s 4 billion dollars investment in Iranian oil fields, the corridor’s key missing link, the Rasht-Astara...Read more