Ahead of renewed sanctions looming over trade with Iran, Greek owners have shown the most willingness to enter that market since the Joint Comprehensive Plan of Action (JCPOA) was put into effect.
The amount of Iranian business is minimal for most shipping companies even though it was legal while the JCPOA was still in force. But the potential US withdrawal from the JCPOA now means companies will have to put more limits on where their ships trade, sanctions experts said.