60% of the private sector’s shipping fleet is worn out

Sanctions have caused any trade between Iran and other countries, whether in terms of import or export, to be carried out indirectly; in such a way that the goods must be unloaded and loaded at a secondary port and additional costs for replacing the goods documents and re-shipping from secondary ports to the destination ports must be paid. In these circumstances, the transit of the goods may take up to 20 days for them to be switch bill. While if there were no sanctions, we could transit the goods in 4 days.

Most foreign ships are also supplied from China and are second-hand and third-hand ships that are cheaper and have lower standards. As a result, when these ships enter Iranian ports, they reduce the standards of the ports, and as we are a sanctioned country, we cannot impose strict regulations on these ships, so we have no choice but to support these ships.

The CEO pointed out that the wear and tear of the private sector fleet reaches 50 to 60 percent and said: “This worn-out fleet must be retired, but unfortunately, due to the sanctions on Iran and the current problems, we are unable to retire them.”