Core Viewpoint - China National Railway Group's subsidiary, China Railway Container Transport Co., has signed a share subscription agreement to join the Middle Corridor Multimodal Transport Company, aiming to enhance the operation and construction of the China-Europe Railway Express Southern Corridor [1][3]. Group 1: Middle Corridor Overview - The Middle Corridor, also known as the Trans-Caspian International Transport Route, allows the China-Europe Railway Express to extend to countries along the Caspian, Black, and Mediterranean Seas through multimodal transport [2]. - This corridor spans 4,256 kilometers of rail and 508 kilometers of shipping routes, providing the shortest transport route between China and Europe without passing through Russia [2]. - The establishment of the Middle Corridor Company by Kazakhstan, Azerbaijan, and Georgia aims to integrate transport resources and enhance competitiveness in terms of transport efficiency and pricing [2][3]. Group 2: Strategic Developments - The China National Railway Group is committed to high-quality cooperation in the Belt and Road Initiative, enhancing communication and collaboration with the railways of Kazakhstan, Azerbaijan, and Georgia [3]. - The four countries' railway departments will leverage their strengths in cargo organization, market development, and port resources to create an efficient cross-border operational mechanism [3]. - The China-Europe (Asia) Railway Express has shown a positive development trend since its regular operation began in 2024, with an increase in both volume and quality [3]. Group 3: Market Dynamics - Following the outbreak of the Russia-Ukraine conflict, the structure of cargo organization for the China-Europe Railway Express has shifted, with a significant increase in cargo directed towards Russia [4]. - Data from the "China Container Industry and Multimodal Transport 2022 Development Report" indicates a decline in the number of trains heading to Europe, with a notable increase in those heading to Russia [4]. - By the end of 2024, the proportion of China-Europe Railway Express services to Europe is expected to drop to around 15%, down from 45% before the conflict [4]. Group 4: Growth Potential - The Trans-Caspian International Transport Corridor is projected to see a 63% increase in cargo volume in the first 11 months of 2024, reaching 4.1 million tons, with container transport growing 2.6 times [5]. - In the first three quarters of 2024, the number of China-Europe Railway Express trains via the Southern Corridor to Azerbaijan, Georgia, Turkey, and European countries increased 28 times compared to the same period in 2023 [5]. - The China National Railway Group plans to implement measures for high-quality development of the China-Europe Railway Express, including expanding the range of scheduled trains and enhancing port and corridor capacity [5].
中铁集装箱加盟中间走廊公司 推动中欧班列南通道建设
Zhong Guo Jing Ying Bao·2025-11-19 07:10