Maersk urges Iran to release crew held over cargo spat

By Admin
Follow @SamJermy and @SupplyChainD on Twitter.The worlds largest container shipping company, Maersk from Denmark, has urged Iran to release the crew of...

Follow @SamJermy and @SupplyChainD on Twitter.

 

The world’s largest container shipping company, Maersk from Denmark, has urged Iran to release the crew of a chartered cargo vessel seized by Iran over a 10-year cargo dispute with an Iranian company.

"We must insist that the crew and vessel are released as soon as possible. The crew is not employed by Maersk Line, nor is the vessel owned by Maersk Line," the company said in a statement.

"Maersk Tigris and its crew are thus not in any way party to the case, which presumably is the reason behind the seizure of Maersk Tigris." it added.

Iran's elite Revolutionary Guards intercepted the ship on Tuesday in the strategic Strait of Hormuz amid heightened regional tension over the Yemen conflict and high-stakes diplomacy over Iran's nuclear programme.

The Marshall Islands-flagged vessel was operated by Rickmers Ship Management, with head offices in Singapore and Hamburg, and was carrying cargo for Maersk Line.

The Danish company said it had been told by the Iranian Ports and Maritime Organisation at a meeting Wednesday that the seizure was linked to the loss of 10 containers it had shipped to Dubai for an Iranian company in January 2005.

"The containers were never collected by the consignee or any other party. After 90 days and in accordance with United Arab Emirates law, the cargo was disposed of by (the) authorities," it said.

Several Iranian district courts had dismissed a $4.0 million (3.59 million euro) lawsuit by the Iranian company against Maersk over the lost cargo but in February the group had accepted an appeal court's ruling to pay the firm $163,000.

The group said it had been told at the Wednesday meeting that following another appeal it had been ordered to pay $3.6 million in compensation.

"As we do not have the details of the ruling we are not able to comment," it said.

The Pentagon said on Wednesday that Iran's Revolutionary Guards had "harassed" a US-flagged commercial ship last week in the Gulf, raising security concerns over shipping lanes in the Strait of Hormuz, through which a third of global marine oil traffic passes.

For the press release, please visit: http://www.afp.com/en/news/maersk-urges-iran-release-crew-held-over-cargo-spat

Share

Featured Articles

The Global P&SC Awards: One Month Until Submissions Close

Just one more month until submissions close for The Global Procurement & Supply Chain Awards in 2024

Top 100 Women 2024: Susan Johnson, AT&T – No. 6

Supply Chain Digital’s Top 100 Women in Supply Chain honours AT&T’s Susan Johnson at Number 6 for 2024

WATCH: Ivalua and PwC Navigate the Future of Procurement

In this on-demand webinar, leaders from PwC and Ivalua examine key findings from the consulting giant’s Global Digital Procurement Survey 2024

Top 100 Women 2024: Karen Jordan, PepsiCo – No. 5

Digital Supply Chain

P&SC LIVE New York: Patricia Mendoza Rodriguez – VP

Procurement

One More Month to Go: Procurement & Supply Chain LIVE Dubai

Digital Supply Chain