Iran's ship capacity at 12.5m tons, and will spend US$750m on new ships
THE deputy head of Iran's Ports and Maritime Organisation Jalil Eslami announced shipping capacity of the country to stand at 12
THE deputy head of Iran's Ports and Maritime Organisation Jalil Eslami announced shipping capacity of the country to stand at 12.5 million tons per annum, reports Iran Daily News.
According to data released by the Alphaliner website in April 2019, the Iranian shipping lines (IRISL Group) has improved its ranking from previous 21 to 19 among top 100 container/liner operators in the world.
According to Mr Eslami in the current Iranian calendar year, 14 million cubic metres of water areas ending to ports have been dredged.?Some 16 million person trips have been made through Iran's waters this year,' he said.
The official also informed that due US sanctions, Iran is to use its domestic capability to manufacture vessels.
As reported earlier, some $750 million, out of financial resources of the National Development Fund of Iran (NDFI), will be earmarked to build ships.