Iran’s Ports and Maritime Organization (PMO) has allocated 36 trillion rials (=$857.2 million) of its budget resources for a program to develop the country’s maritime industry, including the construction of 83 vessels, the head of PMO informed.
International Container Terminal Services Inc. (ICTSI) formally launched two new berths which for the first time offer the port of Umm Qasr, Iraq’s main dry cargo port, the ability to handle container vessels of up to 14,000TEU.
According to the Iranian Ports and Maritime Organization (PMO), Iran and Italy are under discussions for launching a key shipping route that could help increase trade between the port of Chabahar, in southeastern Iran, and Venice, in northern Italy.
Iran’s Ports and Maritime Organization (PMO) is to sign a contract with the private sector for construction of the country’s largest mineral mechanized terminal in Shahid Rajaee port, in the south part of the country. This is expected to be the largest mineral terminal in the Persian Gulf.
The maritime traffic in the Iranian ports is normal and according to schedule, said Mohammad Rastad, Deputy Minister of Roads and Urban development and Managing Director of PMO, while cargo traffic in Iranian ports has been upward in the first four months of this year.
About two months after the White House banned the purchase of Iranian oil, tankers are offloading millions of barrels of Iranian oil at Chinese ports, resulting to piles of cargoes. Bloomberg reports that the store of oil could lead to a push down of global prices, in the possibility that Chinese refiners decide to draw on it.
According to the Iranian Ports and Maritime Organisation, the non-oil products being exported from the Chabahar port towards South-eastern Iran, have experienced an increase of 100%, in the first quarter of the current Iranian year, in comparison to the same period last year.
The Director General of Ports and Maritime of Sistan and Baluchestan, Behrouz Aghaee, reported that 53% of the cargo that enter the Chabahar port is being loaded from ports of origin, reflecting the positive effects of the port’s infrastructure.
Iran is set to propose to Pakistan to connect Pakistan’s Gwadar port to Iran’s Chabahar port. Iranian Foreign Minister, Mohammad Javad Zarif, commented that Iran attaches great importance to ties with Pakistan and cooperation between the two ports. Also, the development of the Chabahar port is amongst Iran’s top priorities, noting that the first Indian cargo was sent to Afghanistan through the Chabahar port.
Iran announced its goal on achieving digitalization growth at its ports, following other countries that make steps towards more intelligent ports. The Deputy Minister of PMO commented that ‘Iran would also like to be on the same path’.
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