French shipping giant moves to stop Iran smuggling
Jerusalem Post / BENJAMIN WEINTHAL AND JOHANNES C. BOC
20-Jun-2011

CMA CGM S.A. establishes an Iran Compliance Desk to prevent Tehran’s use of ships to smuggle weapons and nuclear technology.

BERLIN/DUSSELDORF – After publication of a joint investigative report in The Jerusalem Post and the German business daily Handelsblatt late last month, French shipping giant CMA CGM S.A. announced in early June the establishment of an Iran Compliance Desk to prevent Tehran’s use of ships it operates to smuggle weapons and nuclear technology.

At the firm’s world headquarters in Marseille, nerves are frayed: Faced with the threat of US sanctions, president Jacques Saadé is preparing stricter monitoring measures.

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