IRISL gets Iranian built boxship

The Islamic Republic of Iran Shipping Lines (IRISL) took delivery of the 2,188 TEU container vessel, Iran Bushehr, from domestic shipbuilder Iran Shipbuilding and Offshore Industries Complex Co. (ISOICO). The $188.5 million newbuilding is the first in a five-ship series to be built by ISOICO and has a length of 187.25 metres, a cargo capacity of 29,870 tonnes and a service speed of 22 knots.

The country is keen to expand its merchant fleet and IRISL has entered into technical negotiations with a number of local shipyards to build 75,000 dwt and 53,000 dwt bulk carriers. These negotiations, if finalized, would raise the value of shipbuilding contracts with domestic shipbuilder to over $600 million.