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China does not have the leverage to end the Red Sea crisis; the US does
US Secretary of State Antony Blinken, left, and Chinese Foreign Minister Wang Yi meet on the sidelines of the Munich Security Conference in Germany on February 16, 2024
Fonasba Membership Webinar
Following the launch by BIMCO of the revised Standard Mate’s Receipt form, we are pleased to offer members of BIMCO, FONASBA and ITIC the opportunity to attend a webinar on the new form on 13th March 2024 at 12.00hrs UK time.
Docking activity increase at Iran’s Shahid Bahonar Port
During the first five months of the current Iranian calendar year (starting on March 21), Shahid Bahonar Port in southern Iran has seen a significant increase in docking activity.
A total of 132 vessels, each with a capacity of over…
Iran’s Trade Center Starts Working in Jeddah Port City: TPOI
Putting the current number of Irans active trade centers at 46, the chairman of the Trade Attachés and Trade Centers Department at the Trade Promotion Organization of Iran (TPOI) said that a license has been issued for establishing a trade…
Secretary-General of Iran’s Shipping Association, Discusses Chabahar Port Development and…
Masoud Polmeh, the Secretary-General of the Shipping and Related Services Association of Iran, emphasized the government's commitment to addressing issues with the Iran-India agreement at Chabahar Port.
He highlighted Chabahar's strategic…
Dollar Being ‘Illegally’ Weaponized by West: Top Russian Banker
The dollar and the entire Western financial system built around it has been jeopardized by the sanctions on Russia, the CEO of Russia’s second largest bank, VTB, said, adding that the dollar is illegally used by the Western countries as a…
Development of Russia’s Solyanka Port to Boost Trade with Iran: Envoy
Iran’s ambassador to Moscow said that the development of Russia’s Solyanka Port is a need for the promotion of trade between the Islamic Republic and Russia.
Kazem Jalali called the purchase of a portion of stocks of Russia’s Solyanka Port…
Iran to Pursue Rights over Arash Gas Field through Expert-Level Talks: FM Spokesman
Iran’s Foreign Ministry spokesman on Monday said the country’s rights over joint Arash gas field will be pursued through expert-level talks within the framework of legal procedures.
Nasser Kanaani made the remarks in his weekly press…
Iran to Dispatch 30 Commercial Envoys Overseas by Yearend: TPOI
An official at the Trade Promotion Organization of Iran (TPOI) said that 30 commercial envoys will be dispatched to foreign countries by the end of the current Iranian calendar year (March 20, 2024).
As many as 30 commercial attaches are…
Iranian Flotilla Returns Home after Overseas Mission
The 92nd fleet of the Iranian Navy’s warships returned to the southern port city of Bandar Abbas on Saturday after completing a mission that took 86 days to complete.
The naval fleet, with the Sahand destroyer acting as the flagship,…