India is investing $500 million in Iran’s Chabahar port, but a lack of demand has forced the Indian government to consider offering tariff discounts at Indian ports for carriers en route to Chabahar.
07 Jun 2019
With a second failed attempt to find a partner to operate its interests at the Iranian port of Chabahar, India may be forced to offer better terms to entice companies worried about US sanctions.
21 May 2019
India and Afghanistan are considering offering concessions on transport costs to reinvigorate containerized trade between the two countries via Iran’s Chabahar port.
20 Mar 2019
Exports from Afghanistan are expected to double in the next year thanks to the new marine transshipment route, according to President Mohammad Ashraf Ghani.
09 Jul 2018
Ocean carriers want to avoid being caught up in secondary sanctions that will be imposed by the United States on companies dealing with Iran.
19 Apr 2018
Indian agencies overseeing the project eliminated a requirement and several other conditions previously needed by the ultimate winning bidder. However, these changes still need government approval before finalization of the contract.
12 Apr 2018
India’s second attempt to select a private partner for the operation of marine facilities at the Chabahar port in Iran appears to be in jeopardy, as applicants remain undecided about their participation in the second stage of the process, due to a required, up-front fee.
26 Dec 2017
The third direct service supplements the carrier's CIMEX 6 and CIMEX 8 service.
21 Dec 2017
The launch of the new route became possible only after the lifting of sanctions against Iran by the international community.
04 Dec 2017
A $1 billion investment has almost tripled the capacity of the port — an interconnector for the Southeast Asia, Central Asia and Afghanistan regions.
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