Tag Archives | Social Security Investment Company (Shasta)

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, Turkey sign Trade Deals worth $100m

By John Lee. Iran’s Social Security Investment Company (Shasta) has reportedly signed contracts worth $100 million with Turkish firms for construction projects and modernisation of the Arvandan shipbuilding facilities in Khuzestan province. The AFP report also says that the deal includes Iranian construction of a $10-million catamaran — a high-speed double-hulled passenger vessel with an […]