Iran's Caspian Sea Shipping Company to boost capacity

Iran Materials 9 January 2012 17:25 (UTC +04:00)

Azerbaijan, Baku, Jan. 9 / Trend F.Milad/

Head of Iran's Caspian Sea Shipping Company has said that it plans to add four vessels to its fleet to reach 20 in the near future.

The ILNA news agency quoted Mohammadreza Qaderi as saying that the company currently operates 16 vessels with the capacity of 75,000 DWT and the capacity will increase to 90,000 DWT.

The company holds a 21 percent share, equaling 1.4 million tons, in the Caspian Sea transportation, Qaderi said.