Maersk Line announced earlier today that the Company reinstated its services in Iran. This means that Maersk Line customers can once again utilise Company’s global network, large fleet of vessels and equipment, weekly departures, superior transit times and innovative suite of e-business solutions, both to and from Iran, subject to country specific regulations.
The latest country included in the Maersk Line organization is part of the UAE cluster comprising of UAE, Oman, Qatar and Iran. Christian Juul-Nyholm, Managing Director, UAE Cluster, is upbeat about this development.
He says, “Global container trade has matured over the past years and is growing at a slower pace. Iran has the potential to be the market which stands out with faster growth. With a long and proud history in Iran, we are very pleased to be back, offering our customers access to our global network and vast pool of equipment including the most modern reefer fleet. This will enable our customers to reach markets both near and far creating further opportunities to grow their business.”
Iran’s role in global trade
Iran is the second largest country in the Middle East with a population of 80 million. It has the second largest gas reserve and the fourth largest oil reserve in the world. In 2016, with an estimated GDP of 435 billion USD, expected growth of 5.8% to 6.7% in the next two years and gateway to a massive market of CIS countries of 400 million in population, Iran holds high potential in enabling global trade. A high level of technical expertise and a low cost of operation, further makes it an attractive location for multinational companies to invest in.
Kapil Mehta, Head of Trade and Marketing, UAE Cluster, is equally enthusiastic, adding “We are excited to bring Iran closer to the rest of the world via our comprehensive network and access to worldwide markets, in line with our continued efforts of enabling global trade. With our focus on superior E2E customer experience, we are confident of propelling our customers’ ambitions to realize the full potential of the thrilling Iran market.”
Remaining committed to propelling ambitions
“At Maersk Line, we recognise the strong potential of the Iranian market and the crucial role it has in global trade,” Marcus Connolly, Head of Sales, UAE Cluster, reaffirms “It is hugely exciting that after a 5 year absence, we are again able to offer Maersk Line services to customers to and from Iran. After a period of relative isolation, access to this new market will present significant growth opportunities for Maersk Line in a market that today represents approximately 700,000 FFE but is expected to grow significantly in the coming years.”
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Source: Maersk Line