LogIn LogOut

Afghan Launches India-Iran Shipping

November 12, 2018

Afghan Ministry of Transportation will soon launch a commercial shipping line with the assistance of the Islamic Republic of Iran to conduct business activities between Chabahar Free Trade Zone and India.

IRNA reported quoted the Afghan Ministry of Transportation as saying that the shipping sector would soon be formed and the ships could operate commercial activities with the flag of Afghanistan in free waters.

The other local media hailed the move saying that Afghan will soon establish a department of shipping and ships will plough the ocean flying the Afghan flag. They said the ships would run between Iran’s free port of Chabahar and India.

Recently US granted sanctions waiver to India on Chabahar as the port is at the centre of Washington's South Asia strategy.

The construction of the railway line connecting Afghanistan with Iran will also remain exempt from Washington's punitive sanctions, according to a report in Hindustan Times.

The report said that this significant decision by the Donald Trump administration is a clear vindication of the role India has been playing in developing Chabahar, and its strategic value for Afghan reconstruction and development. Trump's decision will undeniably go a long way in safeguarding both Indian and American interests in Afghanistan.



Current News

Aquaterra Energy Wins Riser Deal in APAC

Aquaterra Energy Wins Riser Deal in APAC

Exxon to Lay Off 300 Workers in Singapore

Exxon to Lay Off 300 Workers in Singapore

Santos Books Noble Jack-Up to Drill Near Dorado Field in Australia

Santos Books Noble Jack-Up to Drill Near Dorado Field in Australia

Saudi Aramco, Chevron Chiefs See Global Oil Demand Recovery

Saudi Aramco, Chevron Chiefs See Global Oil Demand Recovery

Venezuelan Oil Exports Rise on Larger Sales to Asia

Venezuelan Oil Exports Rise on Larger Sales to Asia

Malaysia Petronas Launches Offshore Bid Round

Malaysia Petronas Launches Offshore Bid Round

Former SBM Offshore Sales Manager Gets Prison Time for Bribery

Former SBM Offshore Sales Manager Gets Prison Time for Bribery

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com