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IRISL runs services to Hamburg, Antwerp and Genoa, next to South America

THE Islamic Republic of Iran Shipping Lines (IRISL) has resumed its routes to various destinations across Europe, said IRISL managing director Mohammad Saeedi, reports the Tehran Times.

IRISL runs services to Hamburg, Antwerp and Genoa, next to South America
27 April 2016 - 20:12

IRISL runs services to Hamburg, Antwerp and Genoa, next to South America
THE Islamic Republic of Iran Shipping Lines (IRISL) has resumed its routes to various destinations across Europe, said IRISL managing director Mohammad Saeedi, reports the Tehran Times.
Iran's shipping lines to Europe had been cut for seven years under the western-led sanctions against the country, but shipping lines to Hamburg, Antwerp and Genoa are now re-connected thanks to the removal of sanctions, the official said.
Mr Saeedi that Iran also plans to resume its shipping lines to Brazil, Argentina, and Uruguay on the way to make its exports and imports easier and of course at lower prices.
He also said IRISL's transport and banking difficulties have been largely overcome in the post-sanction era, and insurance problems are now manageable.
IRISL rose to the place of 22nd largest shipping line in the world, according to Alphaliner.
IRISL was classified number 23 in February. Owning 43 ships, IRISL currently has the capacity of 96,160 TEU, together with 2,288 TEU in order book. 
Based on Alphaliner latest report, the IRISL's capacity takes up 0.5 per cent of world's shipping lines. 
In March, Mr Saeidi said the fleet is aiming to rise to the place of 15th largest shipping line in the next two years with a broad objective to get among the top ten in the course of five years.
US sanctions barred IRISL fleet of about 170 vessels from sailing in international waters. They also prohibited international shipping companies from calling on Iranian ports. 
International shipping lines are stepping up port calls to Iran as the country's massive maritime trade sector is emerging from sanctions. 

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