COPENHAGEN: Managing-Director of Pars Tala’eyeh Oil Products Company Hamidreza Jahanian said the Marshall Islands-flagged trade ship, Maersk Tigris that was seized by the Iranian naval forces in the Persian Gulf earlier this week, has been kept in custody because it owes $10 million to his company.
“Unfortunately, a number of containers sent by Pars Tala’eyeh Oil Products Company through the Maersk Line Shipping Co. were not delivered to the customer in Jebel Ali in 2003, which initiated financial disputes between us and Maersk Line Shipping Co. then,” Jahanian told FNA on Saturday.
Since Maersk Line Shipping Co. had some differences with its representative in Iran, it refrained from delivering the goods to the customer and the efforts to pursue the case through the company proved futile, he added. He said the losses incurred on Pars Tala’eyeh Oil Products Company in that case were estimated at $10mln, and Tala’eyeh Oil Products Company filed lawsuit on the restitution of the carried goods with an Iranian court and the court ruled in favor of the Iranian company.