Sailing, Ports & Shipping
A new cargo-passenger shipping link between Bushehr and Doha will be launched by the end of the Iranian month ending Oct. 22, following the completion of repairs at Doha passenger terminal and the finalization of issues related to allocation of subsidized fuel for the vessels in Iranian waters.
According to Director General of Ports and Maritime Directorate of Bushehr Province Siavash Arjomandzadeh, the new service, which has the capacity to transport 1,300 people and 700 vehicles, or a combination of 300 vehicles and 50 trucks, will operate twice a week, the Ministry of Roads and Urban Development's news service reported.
The export of refrigerated commodities has also been planned.
South Korean exports of electric vehicles (EVs) during January-September rose by 144pc from a year earlier to 49,160 units, supporting increased demand for cobalt and other key battery materials.
Urging the Indian automobile industry to focus on manufacturing electric vehicles, Nitin Gadkari, the Union Minister for Road Transport and Highways, said on Wednesday: “We have to make India the global hub of electric automobile manufacturing. This is difficult but not impossible.” The automotive industry should focus on the indigenous development of technology as well, opined the union minister at the launch of Bajaj Auto’s first electric scooter.
Construction on the site of the second unit of Bushehr Nuclear Power Plant in south Iran will start in early November, spokesman of the Atomic Energy Organization of Iran said Tuesday.
China’s production and sales of new energy vehicles (NEVs) continued to decline in September, the China Association of Automobile Manufacturers (CAAM) said on Monday. The country produced 89,000 units of NEVs last month, down 29.9% year-on-year.
China's new-vehicle market has contracted for the 15th straight month, with sales declining 5.2 percent from a year earlier to 2.27 million in September, as the nation’s weakening economy continues to weigh on light vehicle demand.
Iranian Parliament Speaker Ali Larijani voiced his satisfaction over the current state of mutual cooperation between Tehran and Doha, specially in trade fields.