'Tariff madness' will prompt renegotiation of ocean shipping contracts
Today’s “absolutely nuts” container shipping market will spur contract renegotiations, as rates and minimum quantity ...
Iran claims to have released the crew of Aries, who have been held captive for just short of three weeks.
The 15,000-teu MSC container vessel and its crew of Indian, Filipino, Pakistani, Russian and Estonian nationals were taken captive on 13 April, with video footage from the vessel showing Islamic Revolutionary Guard Corps (IRGC) marines rappelling onto the deck from a helicopter.
Iran had been helping coordinate the actions of its proxies, Hezbollah and the Houthis, behind the scenes; making Aries its first ...
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