Kazakhstan Railways (KTZ) will build a 1 million 20-foot-equivalent unit container terminal in Klaipeda, Lithuania. The project will be officially commissioned in mid-2016 and is aimed at tapping growing containerized rail volume between Asia and Europe. Rail services from China to Europe can save shippers between one and three weeks of transit time compared to ocean shipping, while costing roughly USD5,000 more per 40-foot-equivalent unit and express air service can cost nearly five times as much as rail.
This will be the second container terminal Kazakhstan Railways operates in the Klaipeda seaport. The company in June together with V.Paulius & Associates Real Estate, a local real estate developer, opened the first intermodal container terminal in Klaipeda. The terminal is known as Klaipeda West Gate and it has a capacity of 100,000 TEUs per year.
Photo: www.logists.kz / Klaipeda West Gate
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