No. 2 container shipping line MSC recently said in a note to clients, privately
held MSC said it was “ceasing to provide access to services to and from Iran”, adding that
they would “conclude this period with the minimum disruption” to their
decision was in response to the decision by the United States to re-impose
sanctions on Tehran after withdrawing from the international nuclear deal.
“While MSC is not accepting bookings for shipments originating from Iran, or
destined to Iran, we will continue to carry certain legally acceptable cargoes
during the wind-down period, notably for importation of foodstuffs,” Switzerland-based
MSC said in its note.
nuclear agreement, worked out by the United States, five other world powers and
Iran, lifted sanctions on Tehran in exchange for limits to its nuclear
programme. U.S. President Donald Trump has also instructed his administration
to re-impose U.S. sanctions after a winding down period.
MSC and the world’s No.1 container group Maersk Line were reviewing their Iran
Both MSC and
Maersk have serviced Iran via third-party feeder ships from transhipment hubs
in Jebel Ali in the United Arab Emirates.
on seaborne trade for both imports as well as for sales of its goods apart from
oil, and the Country had struggled with logistical difficulties before
international sanctions were lifted in 2016.
operators and shipping sectors, including top cargo operator the Islamic
Republic of Iran Shipping Lines (IRISL) and oil tanker group NITC, will once
again be blacklisted on Nov. 4 by Washington.