Iranian troops seize MSC box ship while Somali pirates net $5m ransom for bulker
As instability rises in the Middle East, the Israel-Palestine war now threatening to encompass Iran, ...
Islamic Republic of Iran Shipping Line (IRISL) appears set to resume its service between the Middle East Gulf and Europe this month, following the lifting of some sanctions on the country.
It will end a six-year absence from most deepsea liner trades, imposed when the US, UN and EU imposed sanctions as a measures against Iran’s uranium enrichment programme.
According to Alphaliner, the company’s Hafiz Darya Shipping (HDS) subsidiary, created in 2009 to try and circumvent sanctions, is expected to launch a weekly liner service between ...
European port congestion now at five-to-six days, and getting worse
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