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21.10.26 - 04:00
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Shipping giant Cosco launches new routes to ride out Iran war, climate risks (SCMP)
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China Cosco Shipping Holdings, the country's largest ocean carrier, has prioritised resilience as it rolls out an emergency response system to cope with rising geopolitical conflicts, infrastructure bottlenecks and climate-related disruptions.
The company is launching fresh capacity and new trade routes as part of the plan, as it looks to ensure its supply chains can withstand a mix of potential shocks, according to chairman Wan Min.
“We believe that true resilience is not merely restricted to a......
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09.10.26 - 22:00
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Treasury Hits Remaining ′Shadow Fleet′ Shipping Iranian Oil To Asia With New Sanctions (ZeroHedge)
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Treasury Hits Remaining 'Shadow Fleet' Shipping Iranian Oil To Asia With New Sanctions
The Trump administration is late this week moving to identify, punish, and cut off remaining tankers in Iran's so-called 'shadow fleet' which are still engaged in shipping Iranian oil to Asia.
Thursday saw the US Treasury impose sanctions on 17 vessels and their owners involved in transporting Iranian crude oil, petroleum products and petrochemicals - with these being mostly aging oil tankers which conduct ship-to-ship transfers and other evasive, concealment tactics.
via ShutterstockThe Treasury Department hailed the action as effectively neutralizing the vast majority of the Islamic Republic's remaining shadow fleet, through which Tehran still rakes in potentially billions in foreign oil sales, circumventing the ongoing US naval blockade of its ports.
However, it's commonly estimated that some 20 million barrels of Iranian crude remain aboard ships which are far outside the reach of the Persian Gul...
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22.09.26 - 21:39
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Turkish Airlines, Pegasus & AJet Cancel Iran Flights As US Sanctions Bite (ZeroHedge)
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Turkish Airlines, Pegasus & AJet Cancel Iran Flights As US Sanctions Bite
Via Middle East Eye
Turkey's national carrier, Turkish Airlines, and budget airlines AJet and Pegasus have cancelled flights to and from Iran from September 21 as US sanctions take effect, a review by Middle East Eye indicates.
The Turkish Airlines and AJet websites have no flights to Iran until March, while Pegasus appears to have removed all flights to the country from its booking system for the foreseeable future.
via AFPIran International reported that a Turkish Airlines representative told the channel there was no guarantee flights would resume even after March 2027.
A person familiar with the issue told MEE that US Treasury sanctions on Iran's aviation sector were so severe that Turkish carriers had been forced to suspend their flights.
The person said that while restrictions on US-manufactured aircraft, such as Boeing planes, were understandable, the new sanctions also prevented Airbus aircraft from flying to Ir...
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21.09.26 - 22:18
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Bessent Declares All Iran Airlines To Be ′Shut Down Around The World′ Wednesday (ZeroHedge)
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Bessent Declares All Iran Airlines To Be 'Shut Down Around The World' Wednesday
Treasury Secretary Scott Bessent declared on Monday that by Wednesday Sept. 23, "all the Iranian airlines will be shut down around the world."
"If they land, you cannot provide them with fuel, you cannot provide them with landing services, you cannot sell them tickets, or you will be knocked out of the dollar system," he described.
Bessent on Iran:
On September 23, all Iranian airlines will be shut down around the world.
How do we do that? If they land, you cannot provide them with fuel, you cannot provide them with landing services, you cannot sell them tickets, or you will be knocked out of the dollar… pic.twitter.com/pX5wfEobV3
— Clash Report (@clashreport) September 21, 2026
The new warning and 'promise' was issued after the US earlier this month imposed sanctions on "all remaining Iranian airlines" which had yet to face such penalties - thus Bessent's new declaration is t...
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