Archive | Transport

Korean Firm to Sell Navigational Aid Systems in Iran

By John Lee. Korea Airports Corporation (KAC) has reportedly signed an agency contract with Iran’s Tolid Malzomat Bargh (TMB) to have the company sell its navigational aid systems in Iran. According to Yonhap, TMB will sell its instrument landing system (ILS) and portable ILS/VOR Field Test Set (FTS), also known as a signal analyzer. (Source: […]

Airplane Contracts Complex, Confidential: Iranian Official

CEO of Iran Air Farzaneh Sharafbafi said contracts for purchasing passenger planes are complex and confidential. Speaking to the Tasnim News Agency on Saturday, Sharafbafi dismissed speculation about details of Iran’s contracts with the Western plane makers, giving an assurance that Iran Air would make the best and most logical decisions. The contracts to purchase […]

Boeing First Loser If Trump Leaves JCPOA: Analyst

If US President Donald Trump scraps the 2015 nuclear deal between Tehran and world powers, the first loser may be US aircraft maker Boeing, an analyst said. “If Boeing isn’t able to deliver the airplanes to Iran, it probably would have some impact on the stock,” said Cowen aerospace analyst Cai von Rumohr, CNBC reported. […]

Iranian Firm to Build Utility Vessels for Oil Platforms

The managing director of Iran’s Arvandan Shipbuilding Company said the company plans to construct utility vessels for oil platforms for the first time. Speaking to the Tasnim News Agency, Hossein Qorbani said the firm is in talks with the Iranian Offshore Oil Company (IOOC) about the construction of the utility vessels. He said the IOOC […]

Iran, Kazakhstan set up Joint Shipping Company

The managing director of the Islamic Republic of Iran Shipping Lines (IRISL) said Iran and Kazakhstan have established a joint shipping company in a bid to boost their bilateral trade. Iran and Kazakhstan’s state-owned railway company have set up a joint shipping company to connect Central Asia to southern Iran, Mohammad Saeedi told the Tasnim […]

Plans for Flights between Erbil and Urmia

By John Lee. An Iranian official has been quoted as saying that plans are in progress for direct flights between Erbil International Airport (pictured) and the city of Urmia, in Iran’s Kurdistan province. Ahmad Montazami, the head of the Iranian Foreign Ministry’s office in Urmia, told Fars News Agency that the service could be started […]

Iran Closes Airspace to Flights from Iraqi Kurdistan

By John Lee. Iran has reportedly closed its airspace to all flights originating in Iraqi Kurdistan. It’s state-run IRNA news agency said on Sunday that the move followed a request from Baghdad. In a separate development, an Iranian official has been quoted as saying that plans are in progress for direct flights between Erbil and […]

Iran, Iraq Begin Arrangements for Arbaeen Pilgrimage

The Iraqi embassy and consulates in Iran on Monday started to issue visa for the Iranian applicants intending to visit the Arab country for Arbaeen pilgrimage. The formal visa-issuance process kicked off during a ceremony at the Iraqi embassy in Tehran, attended by Ambassador Rajih Sabir Aboudi al-Mousavi. In addition to the Iraqi embassy, the […]

Major Terminal under Construction at Astara Port

The executive director of the Astara Development Project said a terminal with an annual loading and unloading capacity of 2.5 million tons of grain and other commodities is being constructed at Astara Port in northern Iran. “The dedicated capacity of this port (Astara Port) has been designed for 2.5 million tons per year and now […]

Uber Appoints Iranian-born CEO

By John Lee. Uber’s Board of Directors has voted unanimously to appoint Iranian-born Dara Khosrowshahi to be the company’s new CEO. According to a company statement, Dara came to America at nine years old when his family escaped Iran on the eve of the Iranian Revolution. Media sources say his father had to go back […]

Cargo Line Opened between Qatar, Turkey via Iran

Qatar has opened a land and sea cargo line with Iran and Turkey in a bid to reduce the Arab country’s cargo shipping costs by 80 percent, a report said. Former editor-in-chief of Qatar’s al-Sharq newspaper, Jaber Al-Harmi, said via twitter that the Persian Gulf Arab state has opened a land and sea cargo line […]

Iran to Receive 2 New ATR Planes in Weeks

Two of the other brand-new turboprops Iran has purchased from ATR aircraft manufacturer will arrive in the country during the next Iranian month, CEO of Iran Air Farzaneh Sharafbafi announced. According to the top official, Iran will have the two new passenger planes delivered in the month of Mehr (September 23 – October 22). Iran […]

Iran to Build Oil Terminal on Sea of Oman Coast

Iran’s oil minister unveiled plans for the construction of a major oil terminal on the shores of the Sea of Oman southeast of the country to facilitate crude exports. Speaking in a televised program on Monday evening, Bijan Zanganeh said the “strategic decision” to build the new oil terminal has been made by President Hassan […]

US Firm Fined for Violating US Sanctions on Iran

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced a $518,063 settlement with Blue Sky Blue Sea, Inc., doing business as American Export Lines and International Shipping Company (USA) (collectively referred to as “AEL”) of Los Angeles, California, to settle AEL’s potential civil liability for 140 apparent violations of the […]

Russian Bank to Finance €1bn Rail Electrification

A Russian bank has reportedly agreed to provide 1 billion euros to electrify the 500-km rail line between the cities of Garmsar and Gorgan. Yusef Gheranpasha, of Islamic Republic of Iran Railways, said the project will be completed within three years; he did not name the bank. It covers design, sourcing of materials and equipment and […]

Iran in Talks with Airbus to Buy 45 Medical Helicopters

Iran’s Deputy Transport Minister Asghar Fakhrieh Kashan said Tehran is in negotiation with European aircraft maker Airbus to purchase 45 helicopters for civilian use. “The Health Ministry is planning to order 45 HEMS (Helicopter Emergency Medical Service) helicopters and the purchase is being negotiated by the Ministry of Roads and Urban Development,” Fakhrieh Kashan said […]

India in talks to Develop Chabahar Port

India’s Transport and Shipping Minister Nitin Gadkari said he has held talks with Iranian officials on a range of issues, including the development of Iran’s port of Chabahar. Gadkari said that during his recent trip to Tehran, he held talks with Iranian officials on a wide range of issues, including developing Chabahar Port and funding […]

Mitsubishi to Introduce Hybrid Electric Cars to Iran

Japan’s Mitsubishi Motors will introduce the plug-in-hybrid version of its Outlander sport utility vehicle to the Iranian market as early as fall, a report said. The redesigned Outlander, which curbs use of the conventional engine in favor of the twin electric motors, will be built in Japan and shipped to Iran, according to the report […]

€3bn Siemens Credit Line on the way

By John Lee. Germany’s Siemens is reported to be preparing to provide 3 billion euros in financing for rail and power projects in Iran. Deputy Minister of Road and Urban Development for International Affairs, Asghar Fakhriyeh-Kashan, said on Tuesday: “Through financing a number of construction projects, Siemens plans to enter into a joint venture with […]

Over 150,000 Iranians Expected to Visit Russia in 2017

Ali Mohammadi, the Iranian consul general in Russia’s Astrakhan region, said over 150,000 Iranian tourists are expected to visit Russia during the current year. Visa-free travel for tour groups, established by Iran and Russia, will lead to the growth of tourist inflow, Mohammadi told the TASS news agency “Last year, more than 120,000 Iranian tourists […]