Incheon New Port to launch box service to Mideast operated by IRISL
THE Incheon New Port has attracted its first regular container service to the Middle East since its partial opening in June last year. The new "HDM Loop" service is provided by the Iranian state-run shipping company IRISL.
The Incheon Port Authority (IPA) announced the service will be operated by three 5,100-TEU vessels and four 6,500-TEU ships, and they will call at the port every fortnight.
The service runs on the route of Bandar Bas, Asaluye, Qingdao, Tianjin, Dalian, Incheon, Gwangyang, Busan, Shanghai, Jebel Ali, returning to Bandar Bas, reported BusinessKorea.
According to Incheon port, IRISL is in the early stage of the operation, is likely to give priority to handling automotive parts imported from South Korea, which have a high demand in Iran while it watches and checks the port calling conditions and the port services.
The IPA expects that materials for large-scale infrastructure construction, including harbour, food supplies for Halal food and K-Culture products like cosmetics, home appliances and household items, will flow into the Iranian market later as the Middle Eastern country develops economically.
CEO of Compass Maritime, the agency of IRISL in South Korea, GH. Zahmatkesh, visited the IPA and met the president of the IPA, Yoo Chang-keun, to finalise business talks in relation with the opening of the sea route.
Said Mr Zahmatkesh: "I am pleased to see the opening of the new route connecting Incheon port to the Middle East in the wake of restarting the economic cooperation between the two countries. I will make a contribution to South Korea's increasing the trade with Iran as well as the Middle East and Central Asia by vitalizing the service route early."
Said Mr Yoo: "We believe that Iran will be the starting point for opening a new silk road to expand trades with Iran's neighbouring countries like Kazakhstan and Uzbekistan as well as the Middle Eastern countries."
THE Incheon New Port has attracted its first regular container service to the Middle East since its partial opening in June last year. The new "HDM Loop" service is provided by the Iranian state-run shipping company IRISL.
The Incheon Port Authority (IPA) announced the service will be operated by three 5,100-TEU vessels and four 6,500-TEU ships, and they will call at the port every fortnight.
The service runs on the route of Bandar Bas, Asaluye, Qingdao, Tianjin, Dalian, Incheon, Gwangyang, Busan, Shanghai, Jebel Ali, returning to Bandar Bas, reported BusinessKorea.
According to Incheon port, IRISL is in the early stage of the operation, is likely to give priority to handling automotive parts imported from South Korea, which have a high demand in Iran while it watches and checks the port calling conditions and the port services.
The IPA expects that materials for large-scale infrastructure construction, including harbour, food supplies for Halal food and K-Culture products like cosmetics, home appliances and household items, will flow into the Iranian market later as the Middle Eastern country develops economically.
CEO of Compass Maritime, the agency of IRISL in South Korea, GH. Zahmatkesh, visited the IPA and met the president of the IPA, Yoo Chang-keun, to finalise business talks in relation with the opening of the sea route.
Said Mr Zahmatkesh: "I am pleased to see the opening of the new route connecting Incheon port to the Middle East in the wake of restarting the economic cooperation between the two countries. I will make a contribution to South Korea's increasing the trade with Iran as well as the Middle East and Central Asia by vitalizing the service route early."
Said Mr Yoo: "We believe that Iran will be the starting point for opening a new silk road to expand trades with Iran's neighbouring countries like Kazakhstan and Uzbekistan as well as the Middle Eastern countries."