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July 9, 2018       Share:    

Source: https://www.reuters.com/article/us-iran-nuclear-cmacga/french-shipping-firm-cma-cgm-ends-iran-ops-due-to-u-s-sanctions-threat-idUSKBN1JX0GS

French Shipping Firm Ends Iran Operations due to U.S. Sanctions

(Reuters) French shipping group CMA CGM has decided to pull out of Iran following the U.S. decision to renew sanctions on the country, its chief executive Rodolphe Saade said on Saturday. Other big shipping companies like A.P. Moller-Maersk have already said they would halt business ahead of a reimposition of sanctions.

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