Long-haul banana trades continue to flourish as consumers in Asia add more of the fruit to their diets.
While container lines gain market share, Ecuador based shipbroker Sopisco argues that specialized liner services could claw back some of the business. Bananas remain a key commodity for specialized reefer carriers and container lines alike, and demand […]
Excerpts from The Guardian:
Iran has released a Marshall Islands-flagged container ship and its crew which were seized last week in one of the world’s major oil shipping lanes, the vessel’s operator has said.
The ship was diverted on 28 April by Iranian patrol boats in the strait of Hormuz, prompting the US to send […]
Iran has come to rely on imports of food, autos and computer chips.
On June 30, the Danish shipping giant Maersk startled Iran’s trade officials by abruptly pulling out of the country’s three largest ports. Company officials said little about the decision, but the timing was striking: A week earlier, the Obama administration had […]
National Shipping Company of Saudi Arabia (NSCSA) recently signed a $411.47 million contract with Hyundai MIPO, South Korea to build four 220 m Roll-On/Roll-Off-Container (Ro-Con) ships. The contract contains an option to build two additional vessels.
The 220 m ships, which will be classed by Lloyd’s Register, will have a beam of […]
Sara Samargandi and Mona Al-Malki have made a little bit of Maersk Line history by becoming the first Saudi women to be employed by Mercantile Shipping Agencies Ltd., the shipping firm’s agent in Saudi Arabia.
“This is a milestone for the organization and a demonstration of its diversity commitments. The company is keen to hire […]