Tag: Iran

According to Reuters, Russian President and Iranian counterpart, signed a deal to finance and build Iranian railway line as part of an embryonic international North–South Transport Corridor.

According to Reuters, Greece issued a series of warnings to shipowners to avoid sailing close to Iranian waters days before Tehran seized two tankers amid heightening tensions in the region, according to documents and industry sources.

On May 3 at approximately 6:20 a.m. local time, Panama-flagged oil tanker Niovi was seized by Iran’s Islamic Revolutionary Guard Corps Navy (IRGCN) while transiting the Strait of Hormuz.

Iran and Venezuela have launched a direct shipping route to enhance trade ties amid U.S. sanctions, the Iranian embassy in Caracas announced in a statement released on Friday 3 March 2023.

The Iranian Merchant Marine Syndicate (IMMS) and ISWAN have signed a Memorandum of Understanding (MOU) to work together to improve the lives of seafarers in Iran.

A Tanzanian cargo ship sank on January 24, in a jetty in the southern Iranian port of Assaluyeh, as state media reported.

Panama's vessel registry withdrew its flag from 136 ships linked to Iran's state oil company in the last four years, according to the country's maritime authority.

Dozens of merchant ships with grains and sugar are stuck outside Iranian ports after weeks of delays as payments snags disrupt flows of goods into the country, according to trade sources and shipping data.

Greece’s shipping ministry informed that two Greek-flagged vessels seized by Iran in May have been released after months of negotiations between the two sides.

Iran agreed to release the crews of two Greek tankers it seized in May in response to the confiscation of oil by the US from an Iranian-flagged tanker in Greece.