Iran among World’s Top 10 Countries in Maritime Sector: MPO

The chief executive of Iran’s Ports and Maritime Organization (PMO) said Iran’s maritime transport fleet is among the leading 10 countries worldwide.

News ID: ۸۲۴۶۳۰

12 February 2024

EghtesadOnline: Ali Akbar Safaei made the remarks in a conference on Iran’s Sea-based Economy with a focus on the International North-South Transport Corridor (INSTC), held at the venue of the IRIB International Conferences Hall, adding that the presence of the international fleet with more than 80,000 vessels in the world and the transit of more than 11,000 tons of goods is the main factor behind the integration of the economy.

Maritime transportation is still dependable and businesspersons use this mode of transportation around the globe because it is cheap and safe, the deputy minister of roads and urban development emphasized.

Today, the markets of maritime transportation are different in a way that renting vessels and tankers is high while the rate has sharply decreased in the container section, Safari added, IRNA reported.

He further pointed out that 140,000 vessels are transiting in Iranian ports annually, adding that Iran’s maritime fleet is among the 10 largest shipping countries in the world.

Iran’s sea trade registered an eight-percent growth in the first 10 months of the current Iranian calendar year (March 21, 2023, to January 22, 2024), compared to the same period last year, he added. / Tasnim