26 Apr 2024
Friday 9 October 2015 - 18:04
Story Code : 183803

Iran plans to join shipping 'big league'

Iran plans to expand its container fleet in order to extend forward coverage beyond all frontiers as the country sees Western sanctions being lifted as early as January, a senior official says.

Irans shipping was among the first sectors hit by US-led sanctions regime which barred the countrys liners from calling at US and European ports. The regime is to be dismantled soon, allowingIran to put forward a shopping list for giant vessels.

The countrys biggest operator, the Islamic Republic of Iran Shipping Lines (IRISL), wants to put out orders for Triple E vessels which can carry more than 18,000 containers, its chairman Mohammad Saeidi said.

IRISLs current fleet includes 158 container vessels, dry bulk carriers and tankers which are expected to return to internationaltraffic in early 2016.

We expect sanctions to be lifted in January under the comprehensive agreement between Iran and the West. Weve been away for too long and our priority is to re-enter the international market, The Wall Street Journal quoted him as saying.

We have 41 container ships of up to 14,000 containers, but we want to join the big league and Triple Es are a priority, Saeidi said in interview on the sidelines of the Danish Maritime Days shipping conference, The Journal reported.

[caption id="" align="alignnone" width="555"] IRISL chairman Mohammad Saeidi says Iran we will complete over the next month how many ships it needs.[/caption]

Once it has built up a sufficient capacity, the IRISL plans to forge an alliance with the worlds top 15 container operators which control the busiest trade routes by sharing vessels, networks and port calls.

The IRISL has been touring European countries with major shipping clusters such as Greece, Germany, Cyprus, France and Denmark, to lay the groundwork,Saeidi said.

Over the next month we will complete how many ships we need. We will then engage in talks with financiers and yards for orders, he added.

For its expansion, the Islamic Republic of Iran Shipping Lines will tap Chinese banks which are providing billions of dollars in loans provided that orders go to the Asian country'sshipyards.

International shipping lines are already stepping up port calls to Iran as the countrys massive maritime trade sector is emerging from the sanctions.

Frances CMA CGM, the worlds third largest container shipping group, was the latest major operator toresume services to Iran in August.

We are a market of 80 million people and our message is that Iran is once again open for business, Saeidi said.

By Press TV
https://theiranproject.com/vdccx1qs12bq448.-ya2.html
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