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.
Source: theiranproject