MSC Teresa (3)

MSC today became the first major container shipping line to announce that it plans to cease direct services into Iran.

The move followed Donald Trump’s decision to pull the US out of the joint comprehensive plan of action (JCPOA), more commonly known as the Iran nuclear deal.

A statement from the Geneva-headquartered line said: “In consideration of the impending US withdrawal from the JCPOA, and corresponding re-enlargement of its sanctions programme, we regret to inform you that MSC is ceasing to provide access ...

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