IRISL Invested $10m in Russia’s Solyanka Port

The Islamic Republic of Iran Shipping Line Group says it has invested $10 million in Solyanka Port of Russia’s Astrakhan.
Part of this investment, which has been funded through Russian banking loans, was spent on purchasing a vessel with a capacity of 270 containers. The wharfs and inner roads of the port have also been overhauled, ILNA reported.
Solyanka Port throughput, prior to IRISL Group’s investment, stood at 50,000 tons per month, which figure is estimated to rise by 70% and reach 85,000 tons per month after the investments come to fruition.