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Home›Green Marine›Iran plans $5bn ship investment
Green Marine

May 22, 2006 · about 20 years ago

Iran plans $5bn ship investment

A senior manager at the Islamic Republic of Iran Shipping Lines has said that the country will need up to 500 ships over the next 15 years in order to maintain its regional position, reported Gulf News. The country will need up to 80 LNG ships in just the next few years to globally transport [&helli

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A senior manager at the Islamic Republic of Iran Shipping Lines has said that the country will need up to 500 ships over the next 15 years in order to maintain its regional position, reported Gulf News. The country will need up to 80 LNG ships in just the next few years to globally transport the gas produced from its fields. Iran is thought to be prepared to invest $5bn in tanker purchases.

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