IRISL and PWL in talks over new German Iranian shipping JV

Islamic Republic of Iran Shipping Lines (IRISL) and Germany’s PWL Group have signed an MoU that opens the way to the two enterprises setting up a German Iranian shipping JV that could start operations as early as next month. The memorandum was signed during a recent visit to Hamburg by IRISL Managing Director Mohammad Saeedi. 
Under the terms of the agreement IRISL would gain access to a range of the services required by its commercial shipping fleet and related subsidiaries in a number of ports in northern European countries including Germany, the Netherlands and Belgium.