Middle East

IRISL admits EU sanctions will stay in place for a while

Dubai: A top shipping boss in Iran does not expect sanctions against its line and others to be lifted in Europe this year.

The managing director of the Islamic Republic of Iran Shipping Lines (IRISL), Mohammad Hossein Dajmar, said the line does not expect to add any new routes this year with China, India and Malaysia remaining the mainstay of port calls for the Iranian containerline.

On November 26, 2013, the EU re-imposed sanctions on a number of Iranian shipping companies, including IRISL.  [09/11/14]

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