28 Mar 2024
Thursday 17 July 2014 - 17:13
Story Code : 107239

Iranian port back in business after sanctions eased

Iranian port back in business after sanctions eased
[caption id="attachment_107242" align="alignright" width="203"] Satellite view of Shahid Rajaee Port. Image: mytcts.com[/caption]
With the easing of EU economic sanctions, Irans Shahid Rajaee Port will now see the resumption of international container services, according to the Tehran Times.
Ali Jahandideh, deputy director of the Ports and Maritime Organisation of Iran, confirmed that a Taiwanese container ship will call at the port on July 20, to be followed by another Taiwanese ship on July 25. Future calls are also expected to be made by ships from India, China, and South Korea.

The sanctions, which had been originally imposed in June 2012 on Tidewater Middle East Co Irans foremost ports operator and co-owned by Irans Islamic Revolutionary Guard barred EU persons or entities from making direct or indirect payments for Tidewaters benefit; this meant exporters, importers, ship-owners and charterers could not pay loading fees at Tidewaters seven ports.

With a loading and unloading capacity of around 88 million tonnes per year, Shahid Rajaee Port handles 90% of Irans container traffic and lies strategically at the mouth of the Strait of Hormuz in the Persian Gulf.

By Port Technology

 

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