SimaTech

Trade risk

United Arab Emirates.

Summary

Maghami, an Iranian national, is also excited over the decision of western nations to lift sanctions on Iran and the business opportunities it opens up. Simatech, he said, plans to start a direct shipping service between India and Iran. (May 6, 2016). (https://www.livemint.com/Opinion/HU7IBlETQ86R1qGhjjIvfL/Simatechs-India-move-could-be-a-game-changer-for-coastal-sh.html)

Listed by the Iranian Ports and Maritime Organization as doing business with the Iranian Khadamat Saheli Iran. (Ports & Maritime Organization: Companies Affairs Department: Liners) (http://portaffairs.pmo.ir/companiesaffairsdepartment-liners-en.html)

Operates as a liner & feeder in Iranian ports. (Ports and Maritime Organization: Shipping Lines which operating in Iranian Ports) (http://portaffairs.pmo.ir/portaffairsdepartment-shippinglines-en.html)

"Nevertheless, companies are uncomfortable. Dubai-based Simatech Shipping said this month it would cut services to and from Iran from June because of the new sanctions." (Reuters, "Iran faces fresh trade heat as more shipping firms exit," 5/7/2013) (http://www.reuters.com/article/2013/05/07/iran-shipping-idUSL6N0DI1KZ20130507)

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