Tag Archives | Iran Shipbuilding and Offshore Industries Complex Company (ISOICO)

Iran Shipbuilder Signs Mou With Netherlands’ Damen

By John Lee. Iran’s Arvandan Shipbuilding Company and Netherlands’ Damen Shipyards have reportedly signed a memorandum of understanding (MoU) covering cooperation in manufacturing advanced offshore vessels in Iran. According to Trend News Agency, the cooperation will include the transfer of technology and know-how to Iran. Managed by Iran’s Social Security Investment Company (Shasta), Arvandan specializes in […]

Iran to Import Shipbuilding Technology from South Korea

The managing director of the Islamic Republic of Iran Shipping Lines (IRISL) said the Iran Shipbuilding and Offshore Industries Complex Company (ISOICO) has been introduced to import the technology of building giant ships from South Korea. Speaking to reporters at a press conference in Tehran, Mohammad Saeedi said one of the main plans of the […]

Iran Launches First Oceangoing Research Vessel

Iran’s first domestically-made oceangoing research vessel was launched in the southern port city of Bandar Abbas on Saturday. It came into service after a ceremony in Bandar Abbas on Saturday morning attended by Rear Admiral Amir Rastegari, managing director of Iran Defense Ministry’s Marine Industries Organization. With a length of 50 meters, a beam of […]

Fincantieri Lands Several Iranian Contracts

In the presence of the Prime Minister Matteo Renzi and the President of Iran Hassan Rouhani – on an official visit in Italy – Fincantieri, one of the world’s most important shipbuilding groups, has signed a number of framework agreements with some primary Iranian companies. These preliminary understandings are prior to the accomplishment of several […]

Russia Signs Deal to Build Oil Rigs

The Iran Shipbuilding and Offshore Industries Complex Company (ISOICO) has said that it has signed an agreement with Russian shipyard Krasnye Barrikady (Red Barricades) for oil rig construction and technology transfer. ISOICO Managing Director Hamid Rezaian said the agreement will allow his company to take advantage of the Russian firm’s facilities to produce certain equipment. […]

Will South Pars help Revive Iran’s Economy?

By Dr. Reza Yeganehshakib, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Will South Pars help bring Iran’s economy back to life? The Persian Gulf is home to one of the largest independent gas reservoirs in the world. Shared between Iran and Qatar, the Iranian […]

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), […]