Archive | Transport

Taiwan Shipping Line Yang Ming Halts Services to Iran

Taiwan’s Yang Ming Marine Transport Corp is halting its container service to Iran due to fears of being punished by the US government. An executive with Keelung-headquartered Yang Ming said the firm had “ceased direct services to Iran on concerns of rising tensions there”. “We took into consideration the recent sanctions against Iran as well […]

Lufthansa Eyes Catering, Maintenance, Training Deals with Iran Air

An official with Lufthansa said the German flagship airline is seeking to sign several contracts with Iran Air to provide the Iranian national flag-carrier airline with catering, maintenance and pilot training services. “We are in very, very intense discussions, actually almost on a weekly basis,” said Karsten Zang, Lufthansa’s regional director for the Persian Gulf, […]

Pratt & Whitney to supply Engines for Iran Plane Deal

By John Lee. US-based Pratt & Whitney, a subsidiary of United Technologies (UTC), is to supply engines for the passenger planes sold by ATR to Iran Air, according to report from Hartford Business. An ATR spokesman said the deal is for the 20 ATR 72-600s, a twin-propeller aircraft, and said Iran Air had an option to […]

Iran Increases Asphalt Production, Seeks Shippers

By John Lee. Iran’s biggest asphalt producer is reported to be planning to boost output by almost 15 percent in the next two years. According to a report from Bloomberg, Hormoz Pasargad Bitumen Products Co. intends to send the increased supply to overseas buyers led by India and the United Arab Emirates (UAE). Managing Director […]

Iran, ATR Sign Major Aircraft Deal

European aviation giant ATR said it has signed a deal with Iran’s national flag-carrier airline Iran Air to sell 20 aircraft to Tehran. ATR Spokesman David Vargas confirmed the deal for the sale of 20 ATR-600s, a twin-propeller aircraft, was signed on Thursday. “They will definitely help Iran Air to modernize and develop regional connectivity […]

Iran to Receive Four Aircraft from ATR within 15 Days

Iran’s Deputy Transport Minister Asghar Fakhrieh Kashan said the French-Italian aircraft manufacturer ATR is slated to deliver four airplanes to the Islamic Republic within two weeks. In remarks released on Monday, Fakhrieh Kashan pointed to a recent contract between Iran Air and the ATR to purchase 20 ATR 72-600 airplanes and said according to the […]

Iran may buy 100 Sukhoi Superjets

By John Lee. Sputnik reports that Iran has shown interest in purchasing 100 medium-haul Sukhoi Superjet 100 (SSJ100) passenger planes from Russia. Russian Energy Minister Alexander Novak confirmed that agreement has only been reached regarding 12 aircraft as of the moment. The SSJ100 can transport up to 98 passengers up to 2,700 miles, and costs around $36 million in its basic […]

Boeing to sell 30 737 MAXs to Iran Aseman Airlines

US-based Boeing confirms the signing of a Memorandum of Agreement (MOA) with Iran Aseman Airlines, expressing the airline’s intent to purchase 30 Boeing 737 MAX airplanes with a list price value of $3 billion. The agreement also provides the airline with purchase rights for 30 additional 737 MAXs. According to the U.S. Department of Commerce, […]

RZD International signs €1.2bn Iran Electrification Deal

RZD International and Islamic Republic of Iran Railways signed the contract for the Garmsar–Inche Bouroun Railway Line Electrification. In the framework of the visit of the President of the Islamic Republic of Iran Hassan Rouhani  to Moscow “RZD International” LLC and JSC “Islamic Republic of Iran Railways” signed the Contract for electrification of the Garmsar – […]

German Forwarders in Iran Venture

German-based M&M Militzer & Münch GmbH and Andreas Schmid Logistik AG have established a joint venture for international cargo transport. Starting May 1st, the joint venture under the name MMAS Eurasia Logistics GmbH will offer regular services to Iran and the Maghreb region. Dr. Lothar Thoma, CEO M&M Militzer & Münch International Holding AG, said: […]