Maersk Withdrawal of Iran Service Perhaps a Game-changer

Boston Globe/Reuters
Thursday, October 11, 2012
File Photo credit Wiki CCL 2
Photo credit Wiki CCL 2

Maersk Line container ships no longer to call at Iran ports, closing off a major supply chain to the country.

Maersk ended all cargo shipments to the Persian Gulf port of Bushehr on Sept. 30, and started refusing all outbound cargo on Sept. 24, making Iran's isolation from the world of trade almost complete, reports the 'Boston Globe'/Reuters.

Those dates now seem to have been a precursor to the chaos in Iran last week, when its currency, the rial, plunged and protests against high food prices spread throughout the country.

Source:  Boston Globe/Reuters.

Email AddThis Feed Button
Maritime Reporter May 2013 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

U.S. DofE Likely to Grant More LNG Export Permits

The Department of Energy is likely to approve additional permits this year to companies looking to export liquefied natural gas more broadly, reports Market Watch, citing Morgan Stanley.

MEPC Propose Delay 2016 Tier lll ECA Engine Standard

IMO's Marine Environment Protection Committee's recent (MEPC), 65th session, agreed a draft amendment on implementation date for Tier III engines.  MEPC considered

Baker, Lyman Hires Senior Consultant for TSMS

Baker, Lyman and Co., Inc. hired John Scarborough as senior consultant. He is an authorized agent for Germanischer Lloyd on the Corsair Towing Safety Management

News

Maersk Transpacific 7 Service Arrives to Miami

Maersk Line, the global containerized division of the A.P. Moller – Maersk Group, added PortMiami to its Transpacific 7 (TP7) Service.   The first call for the

ICS Presents Shipping Economic Challenges to World Ministers

At the OECD International Transport Forum in Leipzig, Germany, the annual gathering of the world's transport ministers from more than 50 countries (May 22-24),

U.S. Steel Imports Up from March, Down for 2013

The U.S. Census Bureau announced that preliminary April steel imports were $2.5 billion (2.4 million metric tons) compared to the preliminary March totals of $2.

Logistics

ICS Presents Shipping Economic Challenges to World Ministers

At the OECD International Transport Forum in Leipzig, Germany, the annual gathering of the world's transport ministers from more than 50 countries (May 22-24),

WSS Reports Steady SARD Increase

Wilhelmsen Ships Services (WSS) General Manager for Japan Yoshihiro Iizuka said that he expects more customers to sign up for its Ships Agency Re-Defined (SARD)

Logistics Revenues Surpass Pre-recession Levels

The latest report from Ti, Global Transport and Logistics Financial Analysis 2013, reveals the winners and losers in the global logistics industry over what has been a tempestuous six year period.

 
 
mobi | rss feeds | archive | history | articles | privacy | contributors | top news | about us | copyright