TEHRAN - South Korea’s Hyundai Heavy Industries Company, Ltd. (HHI) will deliver the first TEU 14500 mega-container vessel to Iran by March 2018, managing director of Islamic Republic of Iran Shipping Lines (IRISL) announced.

According to Mohammad Saeedi, after the first delivery HII is going to deliver one vessel each month, Tasnim reported on Wednesday. 

“Maritime Transportation accounts for more than 87 percent of Iran’s trade,” the official highlighted. 

In December 2016, IRISL signed an agreement with HHI based on which the S. Korean company will build mega-container vessels as well as tankers for carrying petroleum products for Iran.

EF/MA