Iran News

 

Austalia, Iran Sign Shipbuilding Pact

Jan 06, 2019

The Australian government decided to increase cooperation with Tehran in marine industries and shipbuilding irrespective of the US sanctions, reports Mehr News Agency, quoting the deputy head of Iran's Industrial Development and Renovation Organization (IDRO)…

India Takes Over Iran's Chabahar Port

Jan 04, 2019

India has formally taken over operations at Iran’s strategic Chabahar Port. According to the government of India, India Ports Global Chabahar Free Zone (IPGCFZ) a special purpose vehicle (SPV) of Indian Ports Global (IPGL) in Iran has taken…

Iran-Indonesia to Develop Port Cooperation

Dec 12, 2018

Octaviano Alimuddin, the Indonesia ambassador to Iran,  has visited Abadan Ports in the  Khuzestan Province of Iran.According to a release from Ports & Maritime Organization, he stated that the aim of visiting Abadan port is to get familiar with the capacities…

Afghan Launches India-Iran Shipping

Nov 12, 2018

Afghan Ministry of Transportation will soon launch a commercial shipping line with the assistance of the Islamic Republic of Iran to conduct business activities between Chabahar Free Trade Zone and India.IRNA reported quoted the Afghan Ministry…

Qatar to Boost Maritime Trade with Iran

Aug 26, 2018

Qatar is planning to increase maritime shipping lines between with Iran, reported Iran's official media quoting Hadi Haqshenas, deputy head of Iran's Ports and Maritime Organization (PMO) for Maritime Affairs.According to Fars News Agency, Hadi…

Iran Naval Drills Underway Amid Tensions with U.S.

Aug 02, 2018

The United States believes Iran has started carrying out naval exercises in the Gulf, apparently moving up the timing of annual drills amid heightened tensions with Washington, U.S. officials told Reuters on Thursday.One U.S. official, speaking on condition of anonymity…

India Cuts Iranian Oil Imports Ahead of Sanctions

Jul 11, 2018

Indian refiners cut imports of Iranian oil last month as they started weaning their plants off crude from the country to avoid sanctions by the United States that are set to take effect in November.India's monthly oil imports from Iran declined to 592…

Maersk Line to Comply with U.S Sanctions on Iran

Jun 27, 2018

Maersk Line, a part of A. P. Moller-Maersk, acknowledged that the United states has announced it will cease its participation in the joint comprehensive plan of action (JCPOA), and re-impose Sanctions on Iran following a wind down period. Maersk will respect U…

Hapag-Lloyd Scaling Back Iran Business

Jun 11, 2018

German shipping line Hapag-Lloyd has stopped one of two feeder services to Iran and will decide on the remaining one before a Nov. 4 deadline imposed by the United States, which has reimposed sanctions on Tehran.Hamburg-based Hapag-Lloyd, the world's fifth largest container company…

Container Shipping Line MSC Stops New Iran Bookings

May 16, 2018

The world's No. 2 container shipping line MSC said on Wednesday it would stop taking new bookings for Iran due to the decision by the United States to re-impose sanctions on Tehran after withdrawing from the international nuclear deal. In a note to clients…

Top Container Shipping Lines Reviewing Iran Operations

May 11, 2018

The world's top two container shipping groups Maersk Line and MSC are reviewing their Iran operations after the United States withdrawal from the international nuclear agreement with Tehran.The 2015 agreement, worked out by the United States…

Iran Prepares to Export New Oil Grade amid Sanctions Threat

May 08, 2018

Iran is readying the first commercial exports of its West Karoun crude oil grade for May or June, two sources familiar with the matter said, even as fresh economic sanctions against the country loom.Iran has already been shipping samples of…

Could US Sanctions Hit Iranian Crude Exports?

May 08, 2018

Oil prices are at more than three-year highs, driven by an expectation that renewed U.S. sanctions on Tehran over the country's nuclear program will disrupt Iranian crude flows.But without the Europe Union, or Iran's other big crude customers…

Iran Oil Production, Exports Not Impacted by Protests

Jan 02, 2018

Iran's crude oil production and exports have not been impacted by the unrest spreading across the country, Iranian oil and shipping sources said on Tuesday, as a crackdown intensified against anti-government demonstrations that began last week…

CMA CGM to Resume CIMEX 9 Service

Dec 26, 2017

CMA CGM has resumed the CIMEX 9 service, integrating this third service connecting Asia with Iran to provide enhanced coverage in the region. Through CIMEX 9, CMA CGM said it will provide: A third direct service between Asia and Iran…

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