DURBAN POLICE last week
confiscated a consignment of
six containers of counterfeit
cigarettes from the United Arab
Emirates and Egypt. Their street
value was estimated at R100m.
Trickle traffic through the Strait of Hormuz, hugging the Iranian coastline at Qeshm and the islands of Hormuz and Larak, has brought no significant change to the closed-off waterway.Source: Research Gate
A new Sea-Intelligence analysis warns that resuming Suez transits could release 2.1 million TEU of capacity but may also unleash a wave of congestion at European ports.