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Iran seeking to launch shipping bureaus in Europe

Iran seeking to launch shipping bureaus in Europe

Date: 5 January 2016 00:32

Managing-Director of Islamic Republic of Iran Shipping Lines (IRISL) Mohammad Saeedi said on Monday that the company is seeking to open bureaus across Europe.

Once the arbitrary sanctions on Iran are lifted, Iranian-flagged ships can travel between Iranian and European ports, Saeedi said speaking to reporters after a meeting with representatives from Danish shipping lines.

He said that imposition of anti-Iran sanctions banned Iranian ships from travelling to Europe and vessels owned by international companies from travelling to Iran as well.

Launching shipping bureaus across Europe is aimed at facilitating exports of Iranian oil and non-oil products to European ports, the official said.

He also said that after the lifting of sanctions the Iranian ships can receive insurance services from European insurers.

Referring to Iran's failure to renovate its shipping fleet for seven years due to the tough sanctions imposed on the country, Saeedi said that Iran has plans to renovate its fleet after the sanctions.

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