Iran's port authority said Tuesday it has been in contact with British authorities as part of efforts to secure the release of a tanker seized off Gibraltar.
Gibraltar -- a British overseas territory -- seized the Grace 1 supertanker on July 4 with the help of British Royal Marines on suspicion it was shipping oil to Syria in violation of EU sanctions.
A court in Gibraltar is to decide the fate of the ship on Thursday, when an order for its detention lapses.
The deputy head of Iran's port authority, Jalil Eslami, said in a report by state news agency IRNA that Britain had shown an interest in overcoming the problem and documents had been exchanged.
"Efforts from Iran and the port organisation have been made for the release of this ship," he was quoted as saying.
"I hope this problem will be resolved in the near future and that the ship can continue its movement with the flag of the Islamic Republic of Iran."
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
