ShippingWatch

Iranian shipping looking for partners in the West

There is an enormous market waiting for foreign companies once the sanctions against Iran are lifted, says Mohammad Saeidi, chairman of the country's major liner carrier, Iran Shipping Lines. In an interview with ShippingWatch, he elaborates on these possibilities.

Chairman and managing director of Iran Shipping Lines, Mohammad Saeidi, expects that the last remaining international sanctions against the country shipping industry will be lifted before the end of the year. After which, he says, there will be enormous investment opportunities for foreign port companies and carriers looking to do business in the big nation.

In an interview with ShippingWatch, he discusses the potential and talks about Iran Shipping Lines' own ambitions following the repeal of the sanctions. Among other things, the carrier is looking to grapple with the biggest container carriers in the world, and is also prepared to invest in new ships and enter joint ventures with foreign partners. Also including port operators.

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