EU set to re-impose sanctions on more Iranian shipping companies

By REUTERS
March 24, 2015 15:02

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later Don't show it again

LONDON - The European Union is set to put 40 Iranian shipping firms back on a list of sanctioned groups in a blow to the Islamic Republic's transport sector which has sought an easing of trade restrictions, letters sent from the EU showed.

The move, which comes at a critical time in international talks on Iran's nuclear program, is part of the EU's response to a series of court victories by Iranian companies that have overturned EU sanctions against them. In February, the bloc re-imposed sanctions on Iran's biggest oil tanker firm NITC.

The 40 companies, including Hamburg-based Ocean Capital Administration GmbH, were previously placed on the EU's sanctions list because the EU said they were controlled or otherwise linked to top national carrier the Islamic Republic of Iran Shipping Lines (IRISL), which had previously been blacklisted.


Related Content

Breaking news
August 20, 2018
Gunshots fired at U.S. embassy in Turkey, no casualties

By REUTERS