THE door is opening for Iran to re-join global and regional container trades as sanctions imposed by the United Nations, the US and European Union now seem highly likely to be lifted.
That is expected to be the focal point of discussion at the TOC Middle East conference on December 8 -9 at the Le Méridien Dubai Hotel & Conference Centre in Dubai.
Potential roadmaps for this important country of nearly 80 million will be debated at TOC Middle East, say organisers.
While not fully compensating for the sluggish growth in global container volumes this year, the easing of sanctions on Iran affords an opportunity for shipping lines to reconnect with the Mideast's second most populous country.
Sanctions have created pent-up demand, but they have also restricted the liquidity needed to finance it. The collapse in global oil prices is damaging Iran's state revenues and cutting incentives to invest in rebuilding its primary industry.
However, it should also be remembered that lifting sanctions could also release up to US$100 billion in Iranian assets frozen abroad.
At TOC Middle East 2015, two senior Iranian port executives have already confirmed to discuss the way forward for the country's maritime trade.
Behzad Alsafi, senior expert, Port & Maritime Organisation of Iran, Bandar Abbas Port Authority, and Majid Asadi, technology management adviser, Sina Port and Marine Company (SPMCO), will outline the current situation.
TOC Middle East's new venue is the five star airport hotel Le Méridien Dubai Hotel & Conference Centre. Hosting the event in a hotel offers all participants a greater platform for networking and contact building.
This year, TOC Middle East is also supporting the Lloyd's List Middle East & Indian Subcontinent Awards, taking place in the Armani Hotel Dubai, straight after TOC Middle East on Wednesday December 9.
WORLD SHIPPING
04 November 2015 - 20:50
TOC Mideast conference focuses on Iran re-joining global trade
THE door is opening for Iran to re-join global and regional container trades as sanctions imposed by the United Nations, the US and European Union now seem highly likely to be lifted.
WORLD SHIPPING
04 November 2015 - 20:50
TOC Mideast conference focuses on Iran re-joining global trade
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