19 Apr 2024
Saturday 30 January 2016 - 17:37
Story Code : 199300

Iran container ships set for Europe sailings after five years

LONDONIrans biggest shipping line hopes to start calling again at European ports, with plans for a bi-weekly service connecting India, Iran and Europe as early as next month, according to people familiar with the matter.

The service would be the first time in five years that ships from the company, Islamic Republic of Iran Shipping Lines, would tie up at European ports. The plan comes just two weeks after thelifting of broad economic sanctionsagainst Iran, part of an international deal to curtail Tehrans nuclear ambitions.

Since sanctions have lifted, Iranian officials have announced a host of deals with European companies, including anagreement earlier this weekto buy Airbus Group SE jetliners. Also this week,TotalSAagreed tostart buying Iranian crudeagain.

By The Wall Street Journal
https://theiranproject.com/vdcbg9b8grhb9fp.4eur.html
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