Nine European firms en route to Shahid Rajaee Port

News ID: 3880736 -
TEHRAN, Jan. 18 (MNA) – PMO head, while reporting on eagerness of 9 European companies to implement Shahid Rajaei Port development project, said 17 shipping lines have returned to Iranian ports.

Mohammad Saeidnejad, Managing Director of Iran’s Ports and Maritime Organization (PMO), said marine transport sector was among the first targets of Western sides for damaging Iran’s economy since the largest portion of goods transport in varied out via sea.

“The most severe sanctions had been imposed against shipping lines,” noted the official adding that the West had imposed sanctions against the Iranian economy in lines, insurance and operatory sectors though all restrictions were removed last year.

PMO head, while reiterating that all limitations had been eliminated in maritime sector, said “following sanctions removal, 17 shipping lines returned to Iranian ports and the country’s ships are now able to commute to major international ports including European ones.”

Saeidnejad touched upon insurance as one substantial barrier faced by Iran’s maritime transport explaining that international classification institutions have resumed activities with Iranian firms and insurance issues have been completely resolved and relevant services can be made use of.

He further touched upon purchase of required equipment saying “when sanctions were cancelled, we gained access to the competitive market and the need no longer exists to buy items from some specific companies; “a major cargo of necessary industrial equipment for ports has been purchased and will enter Chabahar port in coming days.”

Ground have been also provided for attraction of foreign investment, underline the official saying “presently, nine giant European companies have voiced readiness to develop phase three of Shahid Rajaei Port.”

“Indians have made 150 million dollars of investment in Chanahar port within a Build-Operate-Transfer (BOT) contract,” maintained the official reporting that yet another investment worth 58 million dollars will soon become operational by Indians.

“Direct transfer of goods to Iranian ports, without reliance on ports of neighboring countries, has significantly reduced costs,” Saeidnejad concluded.

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