News ID: 209949
Published: 0410 GMT February 13, 2018

Iran holds 1.1% of global shipping capacity

Iran holds 1.1% of global shipping capacity

Iran stands 20th in terms of shipping capacity in the world with 229 big ocean liners accounting for 1.1 percent of the global capacity, announced the head of Iran's Ports and Maritime Organization.

Mohammad Rastad told the 25th Seminar of Maritime Organizations that though Iran stands 20th in the world list, it does not have a suitable standing in container transportation, IRNA reported.

He said 145 million containers are transported by big vessels annually, while at the time of maximum port activities, Iran managed to transfer three million containers in its ports per year — a part of which is done by foreign companies.

Rastad said majority of goods are now transported by container and key world ports have berthing facilities for 17 meter depth with 20,000 containers.

He added that in 2017, an international maritime and port center announced that Iran ranked 69th for hard currency revenues due to marine transportation while two countries in the region ranked 17th and 25th.

Rastad said Iran ranked 57th in the world in terms of maritime transportation infrastructure while the ports in the region hold the 5th and 13th rankings in the world.

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