Iran's media say a commercial ship that was seized in Persian Gulf waters last week over a legal dispute between a local company and the Danish shipping line Maersk will be sold. The announcement has been made by Hamid-Reza Jahanian, the managing director of Pars Tala'eyeh Oil Products Company which is involved in the legal row with Maersk. Jahanian ...

The case of a Marshall Islands-flaggedcargo ship recently impounded in the Persian Gulf by Iranian forces is purely financial, says theIranian oil company that has filed a lawsuitin the matter. Hamid Reza Jahanian, the managing director of the Pars Talayieh oil product company, told Fars news agency on Saturday that attempts are being made to politicize ...