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.
Iran must take the initiative to facilitate trade or risk losing huge foreign investment opportunities opened up by the lifting of nuclear sanctions in January.
“Astronomical fines” have paralysed international bankers with the fear that clearing transactions with Iran could still breach extensive US sanctions, even though restrictions against non-US persons’ dealings with the Islamic Republic were...
The new Suez Canal stands to benefit from China’s "One Belt One Road" (OBOR) initiative, the opening up of the Iranian market, and the developing Indian refinery market, according to Braemar Shipping Services Asia.