Iranian Companies Dredging Russia’s Volga River: PMO Chief

The chief executive of the Iranian Ports and Maritime Organization (MPO) said Iranian companies are implementing that dredging operations in Russia’s Volga River.

News ID: ۸۲۲۲۴۱

30 January 2024

Ali Akbar Safaei also described the construction operation of gantry crane as one of the strategic port equipment in the country and noted that the revenues of the organization will witness a significant hike in the current year (started March 21, 2023) compared to a year earlier.

Regarding the latest situation of talks with India on a long-term investment contract at Chabahar Port, the deputy minister of roads said India’s ports and shipping minister will soon visit Iran to clinch a contract for the development of the port.

India’s high-ranking officials are determined to play a key role in the development of Chabahar Port, Safaei underlined.

Elsewhere in his remarks, the deputy roads minister pointed to the port equipment and machinery needed to be imported to the Chabahar Port by India and added, “Under the contract, the gantry crane will be imported by the Indian side into Chabahar Port.”

Meanwhile, construction of the strategic port equipment by the Iranian manufacturers is under the finalization stage, he said, adding that giant investment has been made in the administration of President Ebrahim Raisi in the field of supplying relevant port equipment, according to which, the capacity of ports has so far increased from 270 tons to 290 tons.” / Tasnim