Severe port congestion that Shanghai has been suffering since the beginning of April, eased slightly by the end of the month, however may last till late May, as carriers and forwarders warn their customers. During the week of April 16 to 22, the average vessel arrival delay decreased from 53.1 hours to 51.2 hours and the […]
Iran has recently proposed to India to manage Phase 1 of its port of Chabahar, informs India’s The Economic Times. This confirms India’s presence in this strategic gateway to landlocked Afghanistan and other Central Asian markets. Located on the southeastern tip of Iran, Chabahar is the country’s only oceanic port. As it lies outside the Persian […]
