Marine Link
Monday, July 23, 2018

Maersk Line to Comply with U.S Sanctions on Iran

Maritime Activity Reports, Inc.

June 27, 2018

file Image: The Madrid Maersk is a 20,568 TEU containership, operated by Maersk (CREDIT: Maersk)

file Image: The Madrid Maersk is a 20,568 TEU containership, operated by Maersk (CREDIT: Maersk)

Maersk Line, a part of A. P. Moller-Maersk, acknowledged that the United states has announced it will cease its participation in the joint comprehensive plan of action (JCPOA), and re-impose Sanctions on Iran following a wind down period.
 
Maersk will respect U.S. regulation on Iran, and has initiated preparations to ensure compliance before the wind-down period expires.
 
Regarding imports into Iran, acceptance from origins will cease from 1 July 2018. Exports from Iran and loadings from Iran ports are to cease from end-august 2018.
 
Compiled by Reuters Copenhagen Newsroom.
 

 

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