Tag Archives | Bandar Abbas

Siemens Ships 1st F-Class Turbine to Iran

Germany’s Siemens has shipped the first F-class gas turbine for the project Bandar Abbas to Iran, according to a report by Diesel and Gas Tribune. The turbine has been delivered to the Islamic Republic as part of a contract between Siemens and Iran’s MAPNA. In March 2016, Siemens signed an agreement with MAPNA, Iran’s largest […]

$1.1bn Russian Power Plant Deal

By John Lee. PressTV reports that Technopromexport, part of Russia’s state industrial conglomerate Rostec, will build a 1.4-gigawatt thermal power plant in the port city of Bandar Abbas. The project is estimated to cost €1 billion ($1.12 billion) which will be 85-percent financed through a Russian export loan, with the remainder provided by Iran. It […]

China to Invest $3bn in Iranian Fish Farming

By John Lee. China is planning to invest $3 billion in fish farms on Iran’s southern island of Qeshm (pictured) as well as the southern port city of Bandar Abbas. The news follows the recent announcement that South Korea is in discussions on a similar investment. Investors from France, Russia, Norway, Iceland, and Thailand have […]

Doosan lands $186m Desalination Deal in Iran

South Korea’s Doosan Heavy Industries & Construction has won an order worth $186 million to build a seawater reverse osmosis desalination (SWRO) plant in Iran. The order was given by Iran’s Sazeh Sazan Company. The plant, called ‘SAKO SWRO‘ will be built at Bandar Abbas, the capital of Hormozgan Province, and is said to be the […]

Iran Plans big Oil-Refinery Expansion

Iran plans to build five new refineries over the next four years to increase capacity from its current level of 1.85 million bpd to about 3.2 million bpd. Abbas Kazemi, managing director of the National Iranian Oil Refining and Distribution Company (NIORDC) told Bloomberg that the country also needs about $14 billion in investment to […]

Iran to Launch Regular Shipping Line to Japan

The Managing Director of the Islamic Republic of Iran Shipping Lines (IRISL), Mohammad Saeidi, said the country plans to establish a regular shipping line to Japan in the near future. Addressing a ceremony in Tehran, Saeidi pointed to the removal of sanctions in January, saying that during the sanctions era there was only one active […]

Iran Opens New Ferry Terminal

Iran’s minister of road and urban development inaugurated the country’s biggest ferry terminal in the southern port city of Bandar Abbas, expected to carry some 35,000 passengers to nearby islands at the peak of holiday trips during Nowruz vacation. Abbas Akhoundi opened the ferry terminal at a ceremony on Friday. With three lounges and a […]

Oman signs MoU with Iranian Ports

The biggest port in the sultanate of Oman has signed a memorandum of understanding (MoU) with the Iranian ports of Shahid Rajaee (pictured) and Chabahar (Chah Bahar). Arranged with the Ports and Maritime Organization of Iran (PMOI), the agreement with the Port of Salalah envisages close cooperation to facilitate growth in shipping, trade and commerce […]

Minister Updates on Refinery Developments

Iran is to start operating the first phase of Persian Gulf Star Refinery during the second half of the next Iranian calendar year which begins on March 21. The Deputy Petroleum Minister, Abbas Kazemi (pictured), told Shana that the refinery will start producing high-octane gasoline. The Minister, who is also the Managing Director of the […]

MSC Shipping Line Returns after 6 Yrs

The world’s second-largest shipping line has returned to Iran after a break of more than six years. Swiss-based Mediterranean Shipping Company (MSC) docked its MSC Domitille at the Iranian port of Shahid Rajaee on Thursday on its way from Shanghai. MSC ships are now scheduled to dock at the Iranian southern port every week. (Source: […]

Port of Antwerp Meets with Iran

A delegation from the Belgian port of Antwerp visited Iran last week to re-establish shipping and commercial ties. According to a report from MarEx, the meetings included officials from Iran’s Ports and Maritime Organization, the Islamic Republic Shipping line (IRSL), Iranian Customs and the Iranian investment Organization, finishing with a visit to the Shahid Rajaee […]