Hyundai inks major Iran ship building deals
Iran is expected to get its first Ultra Large Container Vessels (ULCVs) to be built by Hyundai Heavy Industries Company. Iran says it has signed contracts with South Korea’s shipyard Hyundai Heavy Industries Company to build at least eight Ultra Large Container Vessels (ULCVs) as well as medium-range tankers for…
Iran, Germany to establish joint venture shipping lines
The Islamic Republic of Iran Shipping Lines (IRISL) and German shipping company PWL signed on Monday a memorandum of understanding on setting up joint venture shipping lines. According to IRISL public relations department, the MoU was signed during the recent visit of IRISL managing director to Hamburg, in Germany and…
