Media: US lifts sanctions against Iranian shipping companies

The US has supposedly removed sanctions against several executives at Iranian shipping companies including Iran's largest carrier IRISL, as well as the country's leading port operator.

Photo: Ebrahim Noroozi/AP/POLFOTO

Several shipping companies have supposedly been removed from the US list of sanctioned firms. After the historic nuclear accord Tuesday between Iran and the six superpowers including the US, the names of 16 executives at shipping companies have been removed from the list, according to several media sources. Iran's largest carrier Islamic Republic of Iran Shipping Lines (IRISL) is among the carriers which have been taken off the list.

Iranian shipping has been strongly impacted by the western sanctions against the country where 132 shipping companies and 16 executives have been sanctioned in the US, writes Iran Daily. Apart from IRISL, the country's largest port operator Tidewater Middle East Maritime Company has also disappeared from the list and is now ready to resume cooperation with foreign companies for new trade:

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs