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  • 25-01-21

    Iran’s Ports, Maritime Organization signs deal worth USD33.5 M

    (MENAFN)Iran’s Ports and Maritime Organization (PMO) has signed an agreement valued at 1.408 trillion rials (about USD33.5 million) with a domestic company called SADRA Iran Marine Industrial Company (SIMIC), based on which SIMIC will build five small-scale vessels for PMO.

    The agreement was signed in a ceremony attended by senior officials from the country’s maritime and transportation sectors including Transport and Urban Development Minister Mohammad Eslami.

    The stated vessels will be used in the country’s northern waters as coast guards and guides, reported IRNA.

    A memorandum of understanding (MOU) was signed amid the Ports and Maritime Organization and Iran University of Science and Technology for collaboration in maritime research projects.

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