Iran, Oman sign deal to create new shipping lineStaff writer ▼ | April 27, 2015
Iran and Oman have signed an agreement to establish a direct shipping line between the two countries.
New shipping route Media from Iran reported
Three will start making trips between Shahid Rajaee and Sohar every 15 days.
The agreement was signed between the chambers of commerce of Iran and Oman as well as an Iranian private sector shipping company. This came during the visit by a large business delegation from Oman to Tehran, Iran's media reported.
“Three vessels, including two container ships and a bulk carrier, will start making trips between Shahid Rajaee and Sohar every 15 days in the initial phase,” said Abdolhossein Khedri, the CEO of Khedri Jahan Darya Shipping AG, the private Iranian company involved in the scheme.
“The trips could be held on a weekly basis if Iranian businesses welcome this scheme and in order to meet the demands of Iran's export plans,” he told Tasnim news agency.
Khedri further emphasized that the prospects for the removal of sanctions against Iran in light of the recent progress in talks between Iran and P5+1 have already made Oman become interested in promoting cooperation with Tehran in the area of shipping.
A major delegation comprising 60 businessmen arrived in Iran on April 24 for talks on expanding trade and commercial cooperation between the two countries.
The companies are operating in a variety of fields including agriculture, education, construction, infrastructure and tourism, in addition to food stuff, finance, banking and investment.
The value of the annual trade between Iran and Oman is believed to stand at above $890 million. The two countries plan to increase this to as much as $3 billion within the next three years. ■