Posts Tagged “Islamic Republic of Iran Shipping Lines (IRISL)”

IRISL, Hyundai signed $600 million shipbuilding contract

IRISL, Hyundai signed $600 million shipbuilding contract

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…

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Iran Shipping Lines expect business back to normal by mid-2017

Iran Shipping Lines expect business back to normal by mid-2017

Container shipping firm Islamic Republic of Iran Shipping Lines (IRISL) expects to have regained by the middle of next year the business lost while Iran was subject to international sanctions, its chairman said on Thursday. International sanctions were lifted in January following an agreement with world powers on Tehran’s nuclear program. “Step by step, the…

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