Iran’s shipping lines to welcome foreign investment

Head of Iran’s national shipping firm described the country as the best opportunity for investment, and…

Oil jumps on fears of new Iran sanctions, Iraq conflict

Oil markets jumped on Monday over fears of potential renewed U.S. sanctions against Iran as well…

India to start operation at Iran’s Chabahar Port by 2018

India is looking to start operations at the Chabahar Port in Iran by 2018, according to the country’s…

Fresh tension builds between Iran, U.S. in Gulf 

The Iranian Revolutionary Guards said on Saturday that U.S. Navy ships came close to their vessels…

Iran offers alternative port of call for Qatari vessels 

With Qatar ships barred from ports in the Saudi Arabia, UAE, Bahrain and Egypt, Iran said…

Iran to import shipbuilding technology from South Korea

The managing director of the Islamic Republic of Iran Shipping Lines (IRISL) said the Iran Shipbuilding…

Iran commissions new gas projects at giant offshore field

Iran, holder of the world’s biggest natural gas reserves, boosted output by inaugurating six projects at…

Ukraine, Iran to agree on port cooperation

Ukraine and Iran have approved a memorandum of understanding for cooperation between ports to be signed…

Iran allowed to export surplus gas to Europe

The Iranian Parliament has allowed the country’s oil ministry to export surplus gas to Europe and…

Oil prices rise to $57.01 on weaker dollar, but U.S. output drags

Oil prices rose on Monday with traders shifting money into crude futures as the dollar weakened…

New commercial container line to begin service between Iran and France

Islamic Republic of Iran Shipping Lines (IRISL) is to begin running a new commercial line between…

Maersk Line expands foothold in Iran

Danish container shipping company Maersk Line has added Iranian Port of Bushehr to its services, expanding…