Iran sanctions 15 US firms, citing Israel ties

Teheran - Iran has imposed sanctions on 15 U.S. companies for alleged human rights violations and cooperating with Israel, the state news agency IRNA reported on Sunday. The agency quoted Iran’s foreign ministry as saying the companies had “flagrantly violated human rights” and cooperated with Israel


Iran expands energy cooperation with Russia

Dubai - Iranian President Hassan Rouhani said on Monday that Tehran welcomed Russian investment in its gas and oil fields, signalling major developments in energy cooperation between the two countries. “There is a huge potential for Russian investment in Iran’s energy sector,” Rouhani told reporters at Mehrabad airport


Drugs found on board German boxship

Santa Marta - Some 453 kilos of drugs were found on board a containershipat the Port of Santa Marta, Colombia, the country’s Office of the Attorney General said in a statement. Cocaine hydrochloride, believed to be worth around USD 27 million, was discovered in 18 bundles hidden on board “Hammonia Emden”


ECG celebrates 20 years of activity

Brussels - ECG,the Association of European Vehicle Logistics is proud to announce its twentieth year as the leading voice of the European vehicle logistics sector. The Association had the pleasure to commemorate this momentous anniversary along with over 250 of its members, supporters and industry friends


Wärtsilä expands into solar and battery power

Trieste - Wärtsilä,the marine engine and power plant manufacturer, is expanding into solar and battery power in the latest example of a traditional energy company diversifying beyond fossil fuels. The Finnish group has won an order to build a solar power plant at a gold mine in Burkina Faso, west Africa

Somali pirates take over Somali vessel to use as floating base
Gulf Arab states push for UK free trade deal after Brexit
Ivory Coast boosts port security over attack threat
Saudi exports to U.S. to fall by 300,000 bpd in March
Works start in Genoa on the first ship for Virgin Voyages