MSC ceases Iran operations
MSC is ceasing to provide access to services to and from Iran following President Donald Trump’s decision to withdraw the US from the Iran nuclear deal.
The Switzerland-based carrier noted in a statement that it had made the decision “in consideration of the impending US withdrawal from the Joint Comprehensive Plan of Action (JCPOA), and corresponding re-enlargement of its sanctions programme.”
Major container shipping lines including MSC had been taking bookings for Iran-related trade after the 2015 JCPOA effectively lifted certain sanctions on Iran in exchange of limits to its nuclear programme.
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