Iran Plans To Build 92 Ships In Domestic Shipyards

- Nov 28, 2019-

According to Iranian media reports, the Iranian port and Maritime Organization (PMO) plans to entrust Iran's private shipbuilding enterprises with the construction of 92 ships in the next two years.

Farhadmontaser kouhsari, PMO's director of supply and equipment engineering, said: "we plan to bid for the construction of 92 small and large ships by 1399 (March 20, 2021), of which 9 ships worth 112 million euros have been signed."

"There are ongoing negotiations to build nine more ships, with a total value of about 36 million euros, at local private shipyards in Iran," he said

According to montaser kouhsari, PMO is also planning to bid for the construction of 78 large and small coastal service ships, with a total value of about 205 million euros, all of which will be built by the end of next year.

He pointed out that the Iranian port and maritime sector had no problems in the supply of equipment and spare parts, and that Iran's private enterprises had manufactured about 800 necessary port, maritime and telecommunications equipment, including 260 maritime equipment, 467 port related equipment projects, and 41 telecommunications and electronic equipment, with a total value of more than 25 million Riyals (about $5.9 million).

In August this year, PMO signed a port equipment supply contract with Iranian domestic enterprises with a total value of 476 million US dollars. Montaser kouhsari believes that most equipment supply contracts in Iranian ports are signed with Iranian companies, but nearly 60% of these equipment still cannot be manufactured in Iran and need to be imported.