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Iranian Port Operations Down 27%

The decline in port activities comes amid US economic sanctions against Iran, combined with the worldwide coronavirus outbreak and the subsequent downturn in global trade
Iranian Port Operations Down 27%Iranian Port Operations Down 27%

Iran’s 21 major ports loaded and unloaded a total of 18.99 million tons of commodities during the first two months of the current Iranian year (March 20-May 20) to register a 27.04% decline compared with the corresponding period of last year.
The decline comes amid US economic sanctions against Iran, combined with the worldwide coronavirus outbreak and the subsequent downturn in global trade.
Figures published on the Ports and Maritime Organization of Iran’s website show non-oil goods accounted for 12.65 million tons of the total throughput to register a 33.36% year-on-year decline. 
The remaining 6.34 million tons pertained to oil products, indicating a 10% YOY decline.
Container loading and unloading decreased by 27.91% to stand at 227,159 TEUs.

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