The National Iranian Tanker Company (NITC) reported Wed. that one of its oil tankers. identified as HELM. has broken down in the Red Sea. adding that the crew are safe and repairs are underway.
Read More »Aberdeen Harbour Hails Surge of Imports Thanks to Rising Oil Price
Aberdeen Harbour has hailed a burst of new activity thanks to the rising oil price.
Read More »Iran’s UK Envoy Confirms Released Oil Tanker Heading for International Waters
Iran'.s ambassador to the UK has confirmed reports that the Iranian oil tanker '.Grace 1.'. has been moving towards international waters.
Read More »Iran. Moscow in Talks on Launching Ferry Service Across Caspian
Tehran and Moscow are in talks over plans to establish a ferry service across the Caspian Sea that would link Iran with Russia’s Dagestan.
Read More »Official Says Chabahar Port Important for Russia
Iran’s Southeastern port of Chabahr is very important for Russia. and President Vladimir Putin believes that the port can ease transportation of goods to the Gulf of Oman. other countries and the Indian subcontinent.
Read More »Iran Planning to Maximize Share in East-West Transit of Goods
Iran’s Road and Urban Development Minister Mohammad Eslami said on Friday that currently his country is conduit to 30 million tons of goods transported between the Far East and Europe. adding that Tehran aims to increase its share to 100 million tons.
Read More »Australia on Track to Become World’s Largest LNG Exporter
Its export capacity increased from 2.6bn cubic feet per day (Bcf d) in 2011 to more than 11.4Bcf d this year.
Read More »Iran Producing 100 Million lpd of Gasoline
The US has been discouraged at its old plans for invoking global sanctions on gasoline exports to Iran.
Read More »Tehran to Undertake New Moves to Boost Non-Oil Exports
Iran will undertake new measures to strengthen its non-oil exports with a new bill to be tabled at the Iranian Parliament.
Read More »Iran Boasts Better Importing Mechanism
Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati lauded the new coordinating structures harmonizing interactions between CBI and relevant ministries of the country as the ground for 69% increase in imports of basic goods in the past 5 months
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