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India-Iran trade plunges 79%; may fall further

Escalating tensions could deplete balance in rupee-rial account, fear exporters India-Iran trade declined a sharp 79.4 per cent in the first eight months of the...

4th direct route between Iran and Oman

Iran and Oman launched their fourth direct shipping route to connect Iran’s port city of Jask to the Omani port of Al Suwaiq, the...

U.S. sanctions create trade cooperation opportunities

Outgoing Indian ambassador to Tehran and the head of Tehran Chamber of Commerce, Industries, Mines and Agriculture have discussed ways of continuing Iran-India trade...

South Korea explores Iran’s opportunities

An economic delegation from South Korea discussed investment opportunities with the economic officials of the southern Bushehr Province on Sunday (Nov. 11). According to Saeed...

Iran rules out claims of UAE cargo ban

An Iranian official has ruled out rumors of ban on cargo export from UAE to Iran due to pressures of US re-imposed sanctions. "There is...

Iran to sue U.S. for shipping sanctions

Iran will sue the United States at the International Maritime Organization (IMO) for sanctioning its maritime transport services, Mohammad Rastad, managing director of the...

Iran calls upon IMO for U.S. sanctions

Iran has lodged complaint at the International Maritime Organization (IMO) against the U.S. sanctions on Iranian ships, Tasnim news agency reported on Friday (Nov....

Chabahar port exempted from sanctions

The top U.S. diplomat has granted an exception to certain U.S. sanctions that will allow the India-led development of a port in Iran as...

Transit agreement in Asia

Iran, India and Afghanistan inked an agreement in Tehran on Tuesday (Oct. 23) on the transit of goods via Iran's southeastern port city of...

PIL terminates all calls to Iran

PIL has ceased acceptance of cargoes in and out of Iran. All call to Iran has also been terminated. This is in conjunction with President...
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Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

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MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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