Iran container ships set for Europe sailings after five years

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Iran container ships set for Europe sailings after five years

January 30th, 2016

Awake Goy

LONDON—Iran’s 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 the lifting of broad economic sanctions against Iran, part of an international deal to curtail Tehran’s nuclear ambitions.

Since sanctions have lifted, Iranian officials have announced a host of deals with European companies, including an agreement earlier this week to buy Airbus Group SE jetliners. Also this week, Total SA agreed to start buying Iranian crude again.

By The Wall Street Journal

Source Article from http://theiranproject.com/blog/2016/01/30/iran-container-ships-set-for-europe-sailings-after-five-years/

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