Maersk Line said it paid a $3.1 million fine to the United States for violating its embargo on trade with Iran and Sudan.
U.S. authorities sued Maersk Line for using ships registered in the U.S. to carry [4,714 shipments of] commercial cargo to Sudan and Iran between January 2003 and October 2007, thus breaking Washington’s embargo on the two countries.
The shipping company had risked fines of more than $60 million for the violations, according to the OFAC. A Maersk spokesman in the United States acknowledged there had been breaches and said the company had negotiated to pay a smaller amount to avoid litigation.