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South-Caucasian Railway To Apply Through Rates

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  • South-Caucasian Railway To Apply Through Rates

    SOUTH-CAUCASIAN RAILWAY TO APPLY THROUGH RATES

    ARKA
    Apr 1, 2009

    YEREVAN, April 1. /ARKA/. As a result of cooperation between the
    South-Caucasian Railway CJSC and the Georgian railway, from April 1,
    2009, the tariff for the transportation of 20-foot containers in the
    Karmir Blur-Poti-Karmir Blur direction will be based on a through
    rate, US about $300 for one container-kilometer in the territory of
    both Armenia and Georgia.

    The press service of the South-Caucasian Railway CJSC reports that
    the decision was made to attract exported and imported cargoes.

    "We hope that lower rates will allow us to increase container traffic
    by railway and form a solid basis for further development of through
    traffic in certain directions," the press service reports quoting Ilya
    Kalperis, Head of the Service Center, South-Caucasian Railway CJSC.

    "The reduced rates will also allow us to ensure the transparency of
    the railway component in the cost of transportation in the case of
    several modes of transport," he said.

    The South-Caucasian Railway CJSC is fully owned by the Russian
    Railways OJSC. Under a concession contract signed on February 13,
    2008, the South-Caucasian Railway CJSC acts as concessionaire managing
    the Armenian Railways CJSC. The 30-year concession contract can be
    prolonged for 20 years more.
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