With Qatar ships barred from ports in the Saudi Arabia, UAE, Bahrain and Egypt, Iran said it would welcome the country’s vessels.
Yang Ming is to offer a direct connection between Far East and Iraq by adding an Umm Qasr call in Iraq at the expense of the Bandar Abbas call in Iran on its China Gulf Express service (CGX).
Islamic Republic of Iran Shipping Lines (IRISL) has reportedly held meetings in London to discuss a possible listing on the London Stock Exchange (LSE), but talks have proven unfruitful so far.
Foreign demand for Iranian crude has more than doubled since sanctions against Iran were lifted early last year, according to new data from Vessels Value.