Economy, Domestic Economy

Iran-Germany Shipping JV

Iran-Germany Shipping JVIran-Germany Shipping JV

A joint venture between the Islamic Republic of Iran Shipping Lines and German shipping company PWL will commence in March as part of a memorandum of understanding signed during a visit by IRISL Managing Director Mohammad Saeedi to Hamburg last week, IRNA reported. Based on the MoU, the IRISL will enjoy a number of services in the ports of European countries, including Germany, the Netherlands and Belgium.