Iran
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Air Cargo
FAA loosens restrictions on flights over Persian Gulf
U.S. cargo airlines had requested exemptions from the ban.
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American Shipper
New US sanctions aim to dent Iran’s metal producers
Treasury Secretary Steven Mnuchin said the Iranian metals industry generates billions of dollars for the regime, contributing to its nuclear weapons program.
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News
Why a downed airliner in Iran worries Canada’s soy farmers
One of few viable trade lanes between Canada and Iran could become collateral damage after Canadian Prime Minister Justin Trudeau says surface-to-air missile likely brought…
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Air Cargo
FAA bans US airlines from flying over Iraq, Iran
The ban follows an Iranian missile attack on U.S. military assests in Iraq.
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Air Cargo
Airline trade group monitoring Middle East tensions
IATA also said it is critical for governments to communicate with airlines about potential risks.
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Air Cargo
FAA monitoring Middle East situation for safety risks
The U.S. Federal Aviation Administration said Monday, Jan. 6 that it is closely monitoring events in the Middle East “to identify potential risks to civil…
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American Shipper
Outlook 2020: Top questions for ocean shipping
The high-stakes wild cards to watch in what promises to be a volatile year.
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American Shipper
Attack on Iranian tanker stokes blazing VLCC rates
VLCC rates are reaching epic levels in the wake of an attack in the Red Sea on an Iranian Suezmax tanker.
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American Shipper
Sanctions are cleaving the global shipping fleet in two
U.S. sanctions targeting a subsidiary of China’s COSCO Shipping could have far-reaching consequences.
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American Shipper
Saudi attacks spark higher tanker earnings
This week, VLCC tanker rates are rising, whereas both trans-Pacific box rates and Capesize bulker rates are slipping.
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