After the international sanctions against
Iran were lifted in 2016, DNV GL reopened its office in Tehran. During these
two years, we have mainly delivered classification services to international
shipping companies. In May the United States government announced
reintroduction of sanctions against Iran in two stages, on 6 August and 4
November 2018, respectively.
A dedicated DNV GL team has followed
developments closely and has assessed implications for our company since
President Trump declared the unilateral withdrawal from the international
nuclear agreement with Iran.
International financial transactions
involving Iran have become impossible and the impending US sanctions are
negatively influencing the business climate and opportunities. Against
this background, and to comply with the sanctions imposed by the US government,
it has been decided by Group CEO Remi Eriksen to close down the DNV GL
operations in Iran.
Our operations in Iran will cease within 4
DNV GL complies with all relevant
international and national sanctions regulations. We regularly consult with
legal advisers and authorities in Norway, the EU and the US to ensure that our
business remains in compliance with all applicable requirements.