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SAFETY4SEA

Container ship to set sail off Istanbul after three years

by The Editorial Team
December 18, 2023
in Shipping
UK sanctions

Credit: Amani A on Shutterstock/ Image used for illustrational purposes only

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The Iranian container ship “Shamim” is poised to leave the Turkish port of Haydarpasa, after being stranded for three years due to US sanctions.

As Bloomberg reports, the vessel, which has been blacklisted by the United States, has been anchored in Istanbul since January 2021.  The Shamim, subject to sanctions implemented in 2020 as part of measures targeting the Iranian economy, encountered hurdles in both repair efforts and attempts to sell the vessel.

Despite its owner’s endeavours to find a buyer among local shipyards, none were willing to engage due to the vessel’s sanctioned status, Bloomberg informs. The Shamim’s extended stay in the Haydarpasa port accrued substantial port fees, estimated at $1,200 per day, totalling approximately $1.3 million since its arrival.

RelatedNews

Oman and Türkiye partner up for alternative fuels and clean energy

United States removes Syria-related sanctions

According to Bloomberg, this incident sheds light on the intricate web of challenges posed by sanctions on shipping, emphasizing the economic toll and complexities faced by vessel owners operating under such restrictions.

 

 

Container ship to set sail off Istanbul after three yearsContainer ship to set sail off Istanbul after three years
Container ship to set sail off Istanbul after three yearsContainer ship to set sail off Istanbul after three years
Tags: IranSanctionsTurkiyeUSA
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