Yang Ming pulls out of Iran

The Taiwanese carrier Yang Ming will join the growing number of container lines that withdraw from the Iran trade, as sanctions against the Theran government become tighter. Yang Ming will pull out of Iran at the end of June.

The Islamic Republic of Iran was so far connected to China by Yang Ming via the ‘CGX’ loop, a six week, fixed day service. The 5,551 teu sister vessels currently deployed on the service will stop calling at Bandar Abbas and begin calling at Dammam instead.

The last Iran call will be YM FOUNTAIN, scheduled to visit Bandar Abbas on 24 June.

This amendment of Yang Ming’s service follows initial measures taken in March this year to feeder services from Iran but also an official statement by Simatech, announcing its complete withdrawing from Iran, and similar moves by Evergreen and Linea Messina.

Bandar Abbas remains served by Hyundai, Hanjin, CSAV and UASC, as well as TS Lines.

RCL and X-Press Feeders have also, so far, maintained the local connections to Bandar Abbas.

As new sanctions are coming into place from July 2013, services above will be of particular interest.

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