Danish shipping group Maersk Tankers says it would cease its activities in Iran due to the US decision to leave the nuclear deal and reimpose sanctions against Tehran.
Maersk Tankers will honor customer agreements entered into before May 8, but then wind them down by November 4, “as required by the reimposed US sanctions,” the company tells AFP.
The group says 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 $1.17 billion to APMH Invest, a subsidiary of the investment firm A.P. Moller Holding.
Washington announced in early May that it would withdraw from the agreement and reimpose sanctions against Tehran.
— AFP
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