Foreign companies returning to Iran’s ports
Following the recent thaw in Iranian-western relations and the signing of the nuclear deal in ...
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The possibility of Iran’s national shipping line re-launching legitimate container shipping operations emerged last week after a European court removed it from the list of companies barred from doing business with the EU.
Islamic Republic of Iran Shipping Lines (IRISL) was originally placed on the EU’s sanctions list targeting companies that supported nuclear proliferation in Iran – in its case by shipping proscribed cargo – in 2010 by the European Council.
However, IRISL appealed against the measure and the fourth chamber of ...
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