Tehran, Aug 18, IRNA – Iran and Norway signed an insurance memorandum of understanding (MoU) on in the field of shipping.

The MoU was signed between Islamic Republic of Iran Shipping Line (IRISL)and Norway’s Skuld P&I Company on different kinds of sea insurances.

The MoU also covers the complaints in relation to sea insurance, training of personnel and upgrading knowledge and capabilities of the Iranian experts.

Norway’s Skuld insurance company was established in 1897 and operates by two subsidiaries named Skuld Offshore and Skuld Hull.

Skuld Insurance Company has 250 representative offices worldwide.

By IRNA