India-Chabahar Shipping Route Debuted
India-Chabahar Shipping Route Debuted

India-Chabahar Shipping Route Debuted

India-Chabahar Shipping Route Debuted

A container ship carrying 300 TEU (twenty-foot container equivalent units) of rice from India’s Kandla Port in Kutch District of Gujarat docked at Iran’s Chabahar Port last week in a first such voyage to directly connect Kandla to Chabahar, Managing Director of Ports and Maritime Organization of Iran Mohammad Saeednejad said on Wednesday.

“Direct transaction of goods from the port of Kandla to Chabahar would result in saving $750 per forty-foot container and a one-day reduction in the time of transportation.

The costs of transport from Chabahar to Kandla would also be cut by $500 for each forty-foot container,” ISNA quoted him as saying.

Indian Prime Minister Narendra Modi said earlier this month that Kandla Port will soon be connected with Iran’s Chabahar Port to give a boost to India’s international trade.

“The linking [with Chabahar] means Kandla will cement its feet like Angad did,” the prime minister said on May 22 during a visit to Gujarat, referring to a mythical episode from Ramayana where the character puts his feet down in King Ravana’s court and nobody could move it, however hard they tried

Short URL : https://goo.gl/xNNqDf
  1. https://goo.gl/7O2A3l
  • https://goo.gl/a7aMmF
  • https://goo.gl/y5Fa5a
  • https://goo.gl/65qtjj
  • https://goo.gl/5SEPpk

You can also read ...

Tehran Stocks Make Record Gains to Stand at All-Time Highs
Bulls are on parade in Tehran's equity market, and they are...
Aside from European countries, 70-75% of other countries are using EASA standards and regulations.
Plans are underway to update and implement new rules and...
People walk by the Paris branch of Bank Saderat Iran.
Bank Saderat Iran, which boasts the most expansive overseas...
Venture Capital Funds Essential to Startup Growth
Praising venture capital funds, Iran's Vice President for...
Gold Coin Bullish Despite Massive Supply
Despite several schemes by the Central Bank of Iran to satisfy...
Freak Plunge in Nintendo's Stock
Nintendo has been red hot for the past few years, but...
Tech Titans Trying to Kill Calif. Privacy Initiative
As data-sharing scandals continue to mount, a new proposal in...
Iran’s Share in Global Sheepskin Exports at 5%
Iran has a share of 5% in global sheepskin exports and a 1%...

Add new comment

Read our comment policy before posting your viewpoints