BAKU, Azerbaijan, June 24 (Bernama) -- The intensification of international sanctions has greatly narrowed Iran's maritime trade, and the last foreign shipping line has stopped operating at the most important Iranian trade port, namely Shahid Rajaei port, Tabnak website reported.
Citing the website, Azerbaijan's Trend news agency said the main reasons were sanctions of the West and internal mismanagement in the Ports and Maritime Organisation.

The last four shipping lines stopped berthing at the port on June 15. So, all the 30 foreign shipping lines have cut ties with Iran.

Shahid Rajaei port, which is located near the Strait of Hormuz in Southern Iran, is the country's key port for importing and exporting goods. Tidewater of the Middle East Maritime Company is the main operator at the port.

To remove problems of the activity of Tidewater at the port, it was decided to transfer the responsibility to other companies. But, mismanagement in the Ports and Maritime Organisation ruined all the decisions and led to the intensification of the sanctions by the West.

In addition to the restriction of the activity of foreign shipping line in Iran, the Iranian shipping lines are also restricted by international sanctions, which have targeted Iran's trade, financial, industrial, oil and gas sectors, Trend said.

By Bernama

 

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