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Maersk waits while competitors are in full swing in Iran

So far Maersk maintains that the group is waiting for the international embargo against Iran to formally be lifted before starting any business in the country. On the other hand, the world's second largest container carrier, MSC, has just launched regular calls at ports in Iran.

Maersk Group is far from the only one to show interest in the opportunities on the large Iranian market. The Danish conglomerate has just been in Iran as part of a delegation headed by the Danish Minister for Foreign Affairs, Kristian Jensen, with the objective to get a foot in the door in the market which has been closed to business for four years as a consequence of western sanctions.

Yesterday, it emerged that Maersk is in negotiations regarding the utilization of the country's oil deposits. But there is also a significant need for new port facilities and development of the country's major carrier, Islamic Republic of Iran Shipping Lines, which has also encouraged cooperation with foreign companies.

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