Market Report, "Iran Shipping Report Q2 2014", Published
We forecast that Iran will return to economic growth in 2014, with real GDP set to expand by 2.8% following our 2013 estimate of a 3.5% contraction. Container shipping also is set to take tentative steps to recovery. Risks to the upside to both of these forecasts are presented by the growing rapprochement between Iran and the international community. However, the country's shipping sector has been impacted severely by sanctions in recent years - another hit came in 2013 as...
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