Maersk Line promises to respect US sanction on Iran

Maersk Line

World number one container carrier, Maersk Line on Thursday said it had initiated preparations to ensure compliance with the sanctions re-imposed by the United States of America on Iran. 

In a statement it issued Thursday, the company said, “As you know, The United States has announced it will cease its participation in the Joint Comprehensive Plan of Action (JCPOA), and re-impose US sanctions on Iran following a winddown period.

“Maersk Line will respect this US regulation, and has initiated preparations to ensure compliance before the wind-down period expires.” 

Maersk said it would no longer accept bookings to Iran from 1st July 2018 while loadings out of Iran will cease from end of August 2018.