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India-funded Chabahar port in Iran to be integrated with Free Zone

India’s first-ever port investment overseas at Chabahar in Iran is gaining momentum with the Persian Gulf nation approving the integration of the port with the Free Zone operating in the area and the opening of a branch by an Afghanistan bank

Colonial Pipeline buys three US southeast product terminals from Lincoln Terminal

Colonial Pipeline, the largest US refined products pipeline, has agreed to buy three refined product terminals from Lincoln Terminal Company, increasing its southeastern US terminal footprint by 525,000 barrels of storage. “This acquisition provides an excellent opportunity for Colonial to move

Northeast Passage to open in mid-August, Northwest Passage expected to open in mid-September

Weathernews Inc. Global Ice Center announced its forecast for Arctic Sea ice trends in 2020. Currently, the sea ice in the Arctic Sea is melting at an average pace, but with record breaking high temperatures such as the 38 degrees Celsius