‚Iran renaming ships to circumvent sanctions‘

31.01.2012                      07.Schwat. 5772

Iran:

'Iran renaming ships to circumvent sanctions'

Islamic Republic of Iran Shipping Lines has renamed 90 of its 123 ships since 2008 in efforts to dodge sanctions, study finds.

Using a series of legal loopholes, Iran has renamed over a dozen cargo ships in the past year as it seeks to circumvent sanctions on arms transfers and the supply of nuclear-related equipment, according to a new study released Monday.
The report was published by the Stockholm International Peace Research Institute (SIPRI) and included an analysis of reported incidents of illicit arms and drug transfers in recent years….