Denmark’s Maersk Tankers ends shipping to Iran after renewed US sanctions
Copenhagen — Danish shipping group Maersk Tankers on Thursday said it would cease its activities in Iran due to the US decision to leave a landmark nuclear deal and reimpose sanctions against Tehran. Maersk Tankers would honour customer agreements entered into before May 8, but then wind them down by November 4, "as required by the reimposed US sanctions", the company said. The group said it "has been transporting cargoes for customers in and out of Iran on a limited basis", without providing precise figures for its activities. A former subsidiary of the Danish maritime group AP Moller-Maersk, Maersk Tankers was in October 2017 sold for $1.17bn to APMH Invest, a subsidiary of the investment AP Moller Holding. The nuclear deal, reached in July 2015 between Iran and Germany, China, the US under former president Barack Obama, France, Britain and Russia, called for Tehran to freeze its nuclear programme in exchange for getting some international sanctions against the Islamic Republic li...
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