Hapag-Lloyd Scaling Back Iran Business
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, said it had initiated a process to stop handling products included in the list of commodities hit by U.S. sanctions,…
LNG Tanker Arrives at IoG after Partial Dragon Discharge
The liquefied natural gas tanker Al Bahiya arrived at Britain's Isle of Grain terminal on Sunday, having previously partially discharged its cargo at the Dragon terminal in Wales, Reuters shipping dat
Cargo Traffic at Indian Ports Grow 2.41%
The top 12 major ports in India recorded 2.41 percent growth in cargo handling at 116.26 million tonne (MT) in the first two months of the current fiscal.For the period from April-May 2018…
US Container Imports to Hit Record: NRF
Imports at the nation’s major retail container ports are expected to set record numbers this summer and fall even as the debate over trade and tariffs continues in Washington…
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