this post was submitted on 28 May 2024
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The Black Sea

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The Trans-Black-Sea Transport Route (TITR) is booming

Trade along the Middle Corridor grew from 530,000 tons in 2021 to 2.3 million tons in 2023. In the first six months of 2023, the TITR had reported a 77 percent increase in tonnage over the same time period in 2022, while Northern Corridor tonnage fell by 56 percent.

One source even reported that TITR has only 5 percent of the Northern Corridor’s capacity.

https://www.atlanticcouncil.org/blogs/turkeysource/theres-an-alternative-to-russian-based-trade-routes-but-it-needs-support-from-the-us-eu-and-turkey/
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[–] mapto 1 points 3 months ago