Transit of goods via Iran’s commercial ports has increased by 44 percent since the beginning of the current Iranian calendar year (March 21), according to the head of the country’s Ports and Maritime Organization (PMO). “Port transit has grown by 44 percent this year, and despite the restrictions caused by the sanctions, the development plans [...]

The latest update on the progress of the third phase of Shahid Rajai port complex development plan shows an increase in the nominal unloading and loading capacity of the container terminal of this port from 6.3 million to 8.4 million TEU. PMO News Portal - As part of the third phase of Shahid Rajaee port [...]

. During the first three months of this year (Iranian calendar), the import of goods and vehicle transit in Khorramshahr port has increased by 56% and 79% respectively PMO News Portal - During the first quarter of this year (Iranian calendar), the unloading of goods in Khorramshahr port has grown by 58% compared to the same [...]

Container transit at Shahid Rajaei port increased by 2 percent within the last 4 months Shahid Rajaee Port in the southern Hormozgan Province registered 472,933 TEUs in container throughput from the beginning of the current Iranian year on March 21 to July 5, according to a local official. “Of the total sum, 96,434 TEUs belonged [...]

In the latest sign of the reversal of fortune in the container shipping markets, an oversupply of containers is emerging resulting in step declines in secondhand container prices worldwide. While global shipping volumes remain high, slowing demand and better utilization are contributing to a near-term decline in the price of boxes that is expected to [...]

A.P. Moller – Maersk is launching a branded air cargo company as its main air freight offering as the company seeks to continue to its drive becoming an integrated logistics provider. The new Maersk Air Cargo will consolidate the company’s existing in-house aircraft operator, Star Air, with the goal of using the company’s owned and [...]

China’s second busiest seaport, Ningbo Zhoushan is reporting strong increases in throughput as it worked to increase productivity while Shanghai dealt with the citywide lockdowns due to COVID-19. According to reports from Chinese officials, the port reached three million TEU in April and exceeded it by as much as 10 percent in May with the [...]