12 Ships Join Fleet for Transporting Freight in Caspian Sea
12 Ships Join Fleet for Transporting Freight in Caspian Sea
The Islamic Republic of Iran Shipping Line Group (IRISL) announced joining of 12 new ships to its fleet for transporting freight in the Caspian Sea.

TEHRAN (Iran News) – The Islamic Republic of Iran Shipping Line Group (IRISL) announced joining of 12 new ships to its fleet for transporting freight in the Caspian Sea.

In line with the policies of the current government for broadening trade with the neighboring countries especially with the Caspian Sea littoral states, IRISL has invested $10b in the strategic port of Salianka of Russia with focus on developing and upgrading and incr4easing the capacities of this port.

Parallel to this investment, the group has formed special workgroups for presence in other ports and renting required facilities as well as launching regular shipping lines between northern ports of Iran with ports of Russia, Kazakhstan and Azerbaijan based on the signed agreement of Iran Trade Promotion Organization with Iran’s northern ports.

Accordingly, investment around $80m has been put on the agenda for developing northern fleet of the country and therefore purchase of a vessel for general cargo with capacity of transporting 7200 tons has been done in Astrakhan of Russia and it will join the Caspian Sea freight transport fleet by the mid-year.

The group has also signed a contract for manufacture of two ro-ro ships with ability of carrying containers as well as two 3500-ton general cargo vessels with ability of carrying container has been ordered to the domestic builders in order the group can increase the level of transporting cargos in the Caspian Sea.

According to the plan of the group, it is planned the container transport capacity of the Caspian Sea to increase to at least 100,000 TEU.