Maersk Group sees ‘great potential’ for Iran investment

30 July, 2015
Source: Hellenic Shipping News

Maersk Group says Iran has “great potential” from which it hopes to benefit when a range of sanctions against the country are lifted in the coming weeks and months.

In a statement to Shipping Watch, the container shipping, port operations and oil and gas conglomerate said that “in the event of lifting of international sanctions, Iran will have great potential for new commercial business activity. Any decision on engagement from our side in energy or transport business would have to await full clarity of the sanctions repeal”.

Maersk is one of several major maritime groups eyeing Iran for expansion of business interests.

Top officials from MSC and DP World visited the country last week to assess expansion opportunities.

Maersk will likely be looking to invest in Iran through its four primary business interests: container transport (Maersk Line), port operations (APM Terminals) oil drilling and transport (Maersk Oil) and oil rig operations (Maersk Drilling).

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