Tuesday, 02 January 2024 12:17 GMT

Hyundai to deliver commercial ships to Iran


Date:

(MENAFN) According to local media, South Korean Hyundai Heavy Industries will deliver 10 commercial ships to Iran in March next year.

Managing director of the Islamic Republic of Iran Shipping Lines (IRISL) has said that four of these vessels will be container ships with a capacity of over 14,500 Twenty-Foot Equivalent Units.

Currently, the IRISL has 150 commercial vessels in its fleet, carrying 5.2m tons of products each year.

Based on the deal, the HHI will make 14,500 TEU container ships and 49,000 DWT (tons deadweight) tankers, as South Korean banks and financial institutions providing the funds.

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