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The Trans-Caspian International Transport Route (TITR) runs through China, Kazakhstan, the Caspian Sea, Azerbaijan, Georgia, Turkey and further through the Black Sea to Europe. The TITR is a multimodal route that involves two modes of transport: rail and sea.
The July 2024 Ocean Freight Market Update highlights the current trends and developments affecting global shipping, with a specific focus on demand, capacity, rates, and regulatory impacts