Chinese Shipping Lines Drop Iran as Latest U.S. Sanctions Bite

(Reuters) Jonathan Saul - Two top Chinese shipping lines severed ties with Iran as tough new U.S. sanctions came into effect on Monday, blacklisting Iran's shipping, shipbuilding, energy and port management sectors. "The vast majority of major container carriers have now ceased calling at Iran," said Daniel Richards, shipping analyst with Business Monitor International.


2013-07-02 00:00:00

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