Domestic Economy

Need to Explore Maritime Transport Alternatives

Second- and third-raters are now moving containers to the Persian Gulf and as they have a monopolistic position, they are bound to raise their transportation fees. Therefore, it is vital to find new, alternative shipping lines and replace them
Need to Explore Maritime Transport Alternatives  Need to Explore Maritime Transport Alternatives

Less than a fortnight before the first wave of US sanctions hit Iran on August 6, Hapag-Lloyd, the multinational German-based transportation company said it will increase its cargo and container transport rates to $300 per TEU for its Persian Gulf services. 
Other international shipping lines are highly likely to follow in the footsteps of Hapag-Lloyd in making their services costlier here. Shipping insurance companies are probably behind this push because the ports of Persian Gulf have been perceived as high-risk following the imminent reimposition of US sanctions. 
As a result, securing the services of international shipping lines won’t be a good value for money for Iran, except in times of emergency.  


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