Intermodal containers

Containing the Houthi impact on Piraeus port

The port of Piraeus has so far weathered the impact of the Red Sea attacks, but will not be able to do so for much longer, ratings agency DBRS Morningstar warns, as it is expected to take a significant blow with a reduction of 30% or more in cargoes over the next period, due to container shipping giants stopping or changing their routes.

Seized titanium reportedly bound for Iran

Titanium rods and high-tech lathes, which are raw materials that can have civilian, commercial, but also military use, have been seized by customs officers at the port of Piraeus. They were loaded at the port of Shanghai in China and, according to information from a foreign agency that reached the Money Laundering Authority, were destined for Iran.

Airport cargo worth millions stolen from Toronto's airport

A cargo container with gold and other items worth over $20 million Canadian (US$14.8 million) was stolen from Toronto's Pearson International airport, authorities said Thursday.

Peel Regional Police Inspector Stephen Duivesteyn said a "high value" container was taken from a holding area facility after being unloaded from a plane Monday evening.

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