Global Business in Iran Database

In-depth metrics and analysis of Iran's international economic partnerships.

Newsletter Signup
Critical Threats Quick Take List Signup
selected project

Hanjin Heavy Industries - IRISL, Ship Order Cancellation

description

Hanjin Heavy industries, contracted to build three container ships for IRISL (Islamic Republic of Iran Shipping Lines), has not received payments for the ships since April 2009.  Accordinly, Hanjin has put the ships up for sale on the international market. 

Status

  • Current Status:
  • Discussion Date:
  • Contract Date:
  • Completion Date: Fri, 2009-04-24

Citation

1. "Payments for ships end", BNET, 24 April, 2009, available at http://findarticles.com/p/news-articles/iran-times-international-washing....

2. "Revealed: The ghost fleet of the recession anchored just east of Singapore", Mail Online, 28 September 2009, available at http://www.dailymail.co.uk/home/moslive/article-1212013/Revealed-The-gho....

All projects by Hanjin Heavy Industries