THAI AIRWAYS has confirmed the proposed launch of its SA service in November. The airline will operate a codeshare with SAA using a Thai B777-200 aircraft three times a week.
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
Shanghai Containerized Freight Index (SCFI) spot rates collapsed on Pacific trade routes with a sharp decline of 31% to the US West Coast and 23% to the East Coast.