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Iran: Maersk Boxhip Dispute Near Settlement

Maritime Activity Reports, Inc.

May 6, 2015

Iran said on Wednesday a legal settlement could be reached soon over its seizure of the Marshall-Islands flagged Maersk Tigris container ship in the Strait of Hormuz last month, according to the official IRNA news agency.

The Maersk Tigris was diverted on April 28 by Iranian patrol boats in one of the world's major oil shipping lanes, prompting the United States to send vessels to monitor the situation and to accompany U.S.-flagged vessels passing through the strait.

Danish shipping giant Maersk has insisted on the release of the vessel and its 24 crew members. Iran says the Maersk Tigris would only be let go once a years-old debt case is settled.

"The negotiations between the private complainant and the other party are going on and possibly the issue will be resolved in a day or two," IRNA quoted Foreign Ministry spokeswoman Marzieh Afkham as telling a news conference.

Maersk chartered the ship, which according to ship operator Rickmer Shipmanagement is owned by undisclosed private investors.

A spokesman for Rickmers said on Thursday: "We've noted the statements in the media from Iran's Foreign Ministry spokeswoman. I can only confirm that Maersk - as stated yesterday - are in dialogue with the court in Iran."

Maersk is due to issue an update later on Wednesday.

U.S. Navy ships began accompanying U.S.-flagged commercial vessels through the strait on April 30, a move reflecting heightened tension in the region. Iranian ships shadowed the U.S.-flagged Maersk Kensington on April 24.

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