IRISL Group

IRISL Group

The maritime fleet of the Islamic Republic of Iran Shipping Lines (IRISL Group) comprises 115 ocean-going vessels with the total capacity of 3.3 million tons deadweight (DWT). The ownership structure of the fleet comprises 87 ocean-going vessels in IRISL and 28 different types of ships under the flag of subsidiaries, including Khazar Shipping, Valfajr as well as Iran-India Shipping Companies. They are manned by 6,000 Iranian personnel including shore staff, masters, deck and engine officers as well as ratings, who work under the flag of the Islamic Republic of Iran in the Caspian Sea, Persian Gulf, international waters and various ports of the world.

IRISL has been sanctioned by the U.S., UN, EU and other parties for its role in advancing Iran's nuclear and ballistic missile programs.

Read more about IRISL Group:  History, Fleet, Ports and Shipping Organization, Development, International Sanctions

Famous quotes containing the word group:

    Unless a group of workers know their work is under surveillance, that they are being rated as fairly as human beings, with the fallibility that goes with human judgment, can rate them, and that at least an attempt is made to measure their worth to an organization in relative terms, they are likely to sink back on length of service as the sole reason for retention and promotion.
    Mary Barnett Gilson (1877–?)