Published on November 6, 2017
Iran is planning establish a standalone shipping line to handle its petrochemical exports. Petrochemical holdings should join forces to form a shipping company for petrochemicals.
Last year, domestic companies paid $1.5 billion for the shipment of petrochemicals and polymers, as per report.
Iran has two major shipping companies, the IRISL, which handles the transport of non-oil goods, as well the National Iranian Tanker Company that is responsible for the export of crude oil and condensates.
Iran's petrochemical production plans and the idea of creating a fleet of tankers specifically for petrochemical products make more sense.
