(MENAFN- The Journal Of Turkish Weekly) Iran's Foreign Ministry has confirmed the release of a Marshall-Islands flagged cargo ship that had been seized by Iranian patrol boats in the Strait of Hormuz in late April.
The ministry said on May 7 that the 24 crew members of the Maersk Tigris also were released, and the ship has left Iran's territorial waters.
The cargo ship was diverted on April 28 amid a dispute over debts owed to a private Iranian firm by the Danish shipping company Maersk.
Iranian authorities insisted the Maersk Tigris and its crew would only be released after the years-old debt case was settled.
Iranian Foreign Ministry spokeswoman Marzieh Afkham had said on May 6 that negotiations between the private parties involved in the case were close to being resolved.
Maersk chartered the ship, which is owned by undisclosed private investors.
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