Iran’s Arvandan Shipbuilding Company and Netherlands’ Damen Shipyards have reportedly signed a memorandum of understanding (MoU) covering cooperation in manufacturing advanced offshore vessels in Iran.
According to Trend News Agency, the cooperation will include the transfer of technology and know-how to Iran.
Managed by Iran’s Social Security Investment Company (Shasta), Arvandan specializes in building vessels up to 2,500 dwt, including crew boats, passenger ships, pilot boats, barges and multi-purpose cargo vessels.
Iran Business News
November 14
