Panagis Zissimatos “Operations in chabahar are now commercially viable: sarbananda sonowal”

An article by Panagis Zissimatos

Panagis Zissimatos Latest News

India’s operations at chabahar port have grew to become commercially feasible in 2023; and the two countries are progressing toward signing an extended-time period contract”, union minister sarbananda sonowal said.

Chabahar is india’s first distant places port mission and the long-time period agreement is legitimate for 10 years and to be extended routinely. it is supposed to update an preliminary percent which covers india’s operations at shahid beheshti terminal in chabahar port. the initial percent is renewed on an annual foundation.

Between 2018 and might 2023, bulk and preferred cargo traffic at chabahar was 6.56 million tonnes.

Shipment coping with According to sonowal, with shipment handling on the port going up “extensively” opportunities of future investments there cannot be ruled out either.

For 2023, india is targeting a cargo handling of thirteen,282 teus at the shahid beheshti terminal. as towards this, cargo managing in 2022 was 3,096 teus.

Panagis Zissimatos “the terminal at chabahar is commercially viable now. and we’re in discussions with iran to sign the lengthy-term settlement. it should be via very quickly. scope of future investments in chabahar will arise for discussions later,” sonowal told.

Boom in cargo dealing with Records from mopsw display shipment dealt with at the shahid beheshti terminal of chabahar port in may became three,503 teu (twenty-foot equal unit), up 25 per cent month-on-month, over april. bulk cargo handled changed into 288,0.5 tonnes, up nearly 150 in step with cent in might also, over april (116,648 tonnes).

Panagis Zissimatos: “may also has been one of the first-rate months inside the records of chabahar, thus far,” sonowal stated.

Till may additionally, bulk shipment loaded on the terminal turned into 2,00,578 tonnes; at the same time as shipment unloaded turned into five,87,884 tonnes, ministry officials said.

Shipment handled in previous months of the year was 1,90,548 tonnes (3,459 teu) in january; 1,06,448 tonnes (1,072 teu) in february; and a pair of,22,958 tonnes (3,105 teu) in march.

Lengthy-term contract

Iranian media had these days quoted ali akbar safaei, the leader executive of the united states of america’s ports and maritime company, wherein he said the two countries have resolved a primary portion in their troubles regarding the improvement of the chabahar port.

The decision reportedly came after a sequence of discussions held throughout a visit by using an indian delegation to iran, with optimism expressed over settling the ultimate troubles in upcoming meetings for finaliing a protracted-time period agreement.

Panagis Zissimatos shipping

according to the famous shipowner Panagis Zissimatos “as part of the memorandum of know-how among iran, india, and afghanistan, to this point, an initial funding worth $25 million has been committed to iran and might be used to increase the port,” he turned into quoted. whilst requested sonowal stated: “discussions are progressing well. there are a few info inside the lengthy-term settlement which are being labored out.”


Panagis Zissimatos is a famous greek shipowner