South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering Co., Ltd. (DSME) and the Industrial Development and Renovation Organization of Iran (IDRO) have signed an outline agreement to cooperate on developing Iran’s shipbuilding industry. Based on the deal with IDRO, Daewoo shipbuilding will construct a shipyard and related facilities in Iran, according to Yonhap News Agency….
Alphaliner has listed the Islamic Republic of Iran Shipping Line (IRISL) as the 20th operator among the top 100 container lines, with a total capacity of 99,867 TEUs over 47 ships. Information from the corporate website indicates tonnage ranging from 1,000 to 6,500 TEUs, but it appears that most of its current fleet is under…
According to a contract signed with Islamic Republic of Iran Shipping Line (IRISL), South Korea’s Hyundai Heavy Industries Company, Ltd. (HHI) will build mega-container vessels as well as tankers for carrying petroleum products for Iran, IRNA reported on Friday. The contracts were the first of their kinds that Iran has signed after the removal of…
Hyundai Heavy Industries Co., a major shipyard in South Korea, looks set to clinch a deal with Iran to supply 10 ships. Under the expected contract, valued at $650 million, with the Islamic Republic of Iran Shipping Lines (IRISL), Hyundai will build four 14,400 TEU container ships and six 50,000 DWT product tankers, TradeWins, a…
Iran’s petrochemical industry was privatized more than a decade ago. Today, the government is only paving the ground for the development of petrochemical sector. During years of international sanctions on Iran, the government was of great help to the private sector in its transactions. The signature of a historic nuclear deal between Iran and six…
