MSC Aries crew set for release 'on humanitarian grounds', says Iran
The crew of the seized containership MSC Aries are reportedly set to be released after ...
India has sealed its trade route into central Asia and Russia with a deal to develop Iran’s Chabahar port. India has pledged to spend $500m and has a plan to invest a further $16bn in the city’s free-trade zone. The project, which has been on the drawing board since 2004, has become increasingly important for both countries as Iran strives to reduce the power of China and Russia in its economy, while India is keen to reduce its reliance on Pakistan as a trade route. “India’s links to Central Asia and beyond have been thwarted by Pakistan’s refusal to give India land access,” says a consultant in this excellent Quartz article.
FAK rate hikes holding, with strong demand into peak season predicted
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Trade growth getting stronger, but ocean freight rates stay flattish
Rising costs of port congestion force surcharge by Asian feeder operators
Indian trade disrupted as port congestion forces liner services to skip calls
Global airfreight volumes blooming as flower shipments take off
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