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    Iran's flag carrier IRISL up from 23rd to 13th place in world box shipping

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    Iran's flag carrier IRISL up from 23rd to 13th place in world box shipping
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    THE Islamic Republic of Iran Shipping Lines' (IRISL) global ranking based on the capacity of freight handling rose from 23rd in fiscal 2015-16 to 13th last year (March 2018-19), reports Tehran's Financial Tribune

    THE Islamic Republic of Iran Shipping Lines' (IRISL) global ranking based on the capacity of freight handling rose from 23rd in fiscal 2015-16 to 13th last year (March 2018-19), reports Tehran's Financial Tribune. The IRISL Group's 154,415 TEU capacity places it between Taiwan-based shipping line Wan Hai Lines with 248,890 TEU and South Korea's KMTC with 153,963 TEU.

    According to global shipping monitor Alphaliner, the IRISL Group's 154,415 TEU capacity places it between Taiwan-based shipping line Wan Hai Lines with 248,890 TEU and South Korea's KMTC with 153,963 TEU.

    IRISL operates 46 vessels and four chartered ones. Its owned and chartered capacities stand at 96,383 TEU and 58,032 TEU, respectively while its global market share comprises 0.7 per cent.

    The top three shipping companies in the world, according to Alphaliner, are Danish APM-Maersk with 4,100,519 TEU and global market share of 17.9 per cent, the Swiss Geneva-based Mediterranean Shipping Co with 3,370,247 TEU and global market share of 14.7 per cent, and China's Cosco Group with 2,804,882 TEU and global market share of 12.3 per cent.

    WORLD SHIPPING

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