Iran in Talks on Major Shipbuilding Projects

By John Lee.

Iran plans to unveil a series of grand projects in partnership with major world shipbuilders, according to a report from Iran Daily.

Talks have been held with South Korean, Italian, Chinese, German and Turkmen companies on joint ventures, said

The Managing Director of the Iran Shipbuilding and Offshore Industries Complex Company (ISOICO), Hamid Rezaian (pictured) told Tasnim News Agency:

“We have held several rounds of talks with major international companies and now we intend to choose the best partner from among them.”

Preliminary agreements have been reached with South Korea’s Hyundai Heavy Industries Co. and an MoU has been signed with Nordic Yards Wismar, Germany’s biggest shipbuilder, Rezaian said.

Besides, we have held talks with Italian and several reputable Chinese firms and are ready to cooperate with them,” he said, adding further agreements have been made with Turkmenistan for implementing ‘major projects’ once the sanctions are lifted.

The report says Iran has an extensive shipbuilding industry, chiefly devoted to constructing oil tankers and container ships as well as offshore structures, and owns the world’s largest fleet of oil supertankers with 42 VLCCs, each able to transport two million barrels of oil.

(Source: Iran Daily)

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