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The Red Sea crisis was a new challenge for maritime shipping, which begs the question of whether the maritime shipping market will be able to adapt to new circumstances or whether the unstable situation in the Red Sea will push shippers to switch to rail transport.
The Eurasian Rail Alliance Index (ERAI) was introduced for the first time exactly a year ago, at PRO//Dvizhenie.1520 Transport Logistics Forum in Sochi. It is a unique instrument that allows any market player to decide on the delivery mode by assessing the cost of transportation via the longest leg of the Trans-Eurasian Route.