Contship Italia, Italy’s largest container terminal operator, has signed a strategic memorandum of understanding with Sina Port and Marine, Iran’s biggest port company, to take advantage of moves by the U.S. and the EU to ease sanctions following the nuclear deal with Tehran.
20 Jul 2015
The nuclear deal reached with Iran has placed container trade back on the radar of carriers, but with all the hoops for the country still to jump through, it could be a year before its Persian Gulf gateway again begins receiving the world’s liners, according to Drewry.
16 Jul 2015
Mediterranean Shipping Co. is testing the waters in Iran as it appears more likely United Nations sanctions will be lifted as part of a new nuclear agreement between the West and the pariah state.
08 May 2015
India signed a memorandum of understanding with Iran to build and operate cargo facilities at the Chabahar port, a free trade zone site on the Gulf of Oman, with the aim of allowing New Delhi a sea-land access route to Afghanistan.
01 May 2015
Vessel operators are being warned against transit in the Strait of Hormuz, three days after a Maersk Line cargo ship was fired upon and seized by the Iranian Revolutionary Guard.
30 Apr 2015
The U.S. is amping up security measures in the Strait of Hormuz three days after a cargo ship under U.S.
29 Apr 2015
A Maersk Line container ship remained in Iranian custody Wednesday, still without a concrete explanation as to why Iranian patrol ships fired upon and seized the vessel while it was transiting international waters.
28 Apr 2015
Just two hours before they were set to call the port at Jebel Ali in the United Arab Emirates, the crew of the Maersk Tigris likely had little or no idea that the container ship would become international news while heightening tension in the Middle East.
27 Mar 2015
Yemen has shut down its major seaports after a series of airstrikes from neighboring Saudi Arabia against rebels fighting Yemen’s Western-backed government, according to various reports.
03 Mar 2015
The 15 top container carriers are at risk of significant and damaging cyberattacks, according to the head of a leading market intelligence provider and cybersecurity firm in the industry.
20 Oct 2014
India will invest $85.21 million in the development and operation of cargo facilities at Iran’s Chabahar port, as New Delhi seeks to enhance its strategic interest in Central Asia.