Shipping costs in the Caspian Sea have tripled.
▪️ Where are the bottlenecks in maritime trade with Russia?
Bandani, head of the agriculture committee at the Chamber of Commerce of Iran, in an interview with Tasnim news:
🔹 Economic shipping costs in the Caspian Sea rose from $35-50 this spring to $130-150, which is an almost threefold increase on some routes.
🔹Imports of six essential goods through the Caspian Sea route increased by only 17.5%. It remains to be seen whether this growth justifies such a sharp increase in shipping costs.
🔹The transit time of ships in the Caspian Sea has now reached 35-45 days.
🔹Security procedures, restrictions on the entry of Iranian vessels into Russian ports and a lack of naval pilots are major obstacles to improving the fleet's efficiency. Access to certain ports requires permits, a process that takes at least 10-12 days. 🔹Since August this year, we have brought these issues to the attention of various officials, including the president, and have proposed solutions - but so far no effective actions have been taken.
tasnimnews.ir/3743899.