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Iranian ship flees detention in Sri Lanka
- Iran: Saturday, January 19 - 2013 at 01:53
An Iranian-flagged cargo ship has fled Sri Lanka's waters after weeks of detention by its navy, acting on a court order obtained by Germany's DVB Bank, Reuters has reported. Shipping sources told the news service the bank's attempt to seize ships to settle claims of millions of dollars in unpaid debts shows the growing difficulties facing Iran's fleet, which the Islamic Republic relies on for trade. "The Iranians are having an increasingly hard time, especially with their oil revenues hit by sanctions," one source said. "Their fleet will face more heat, with the US increasingly watching their every move."
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