Economy, Domestic Economy

Sea Transport Costs

Sea Transport CostsSea Transport Costs

Sea transportation cost of some goods is higher that their actual cost, Tofigh Majidpoor, the head of board of directors of a shipping company told ISNA on Saturday. The daily cost of operating a 40,000-ton ship is more than 750 million rials ($27,238 at official exchange rate), which is reflected in the transportation costs of goods,” he said. The western sanctions imposed on Iran over to its nuclear energy program which impedes the docking and unloading of the Iranian ships as well as import and export procedures push the transportation costs even higher, he added.