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| Formerly | Arya National Shipping Company |
|---|---|
| Company type | Publicly traded company |
| TSE: KSHJ | |
| ISIN | IRO1KSHJ0008 |
| Industry | Shipping Shipyard |
| Founded | January 1, 1967 |
| Headquarters | Farmanieh, Tehran, Iran, |
Area served | Persian Gulf, Caspian Sea, Mediterranean Sea, Indian Ocean, Yellow Sea |
Key people | Mohammad Saeedi (Managing Director) |
| Revenue | US$26.1 billion (2010) |
Number of employees | 7,000 (2010) |
| Parent | Social Security Organization Civil Servants Pension Organization |
| Subsidiaries | |
| Website | www.irislgroup.com |
The Islamic Republic of Iran Shipping Line Group (Persian: گروه کشتیرانی جمهوری اسلامی ایران, Gruh-e Kâshitirani-ye Jimhuri-ye Eslâmi-ye Iran), commonly known by its business name IRISL Group, is a shipping line based in and owned by Iran. Its fleet comprises 115 ocean-going vessels with a total capacity of 3.3 million tons deadweight (DWT), with 87 being ocean-going vessels owned by IRISL and the remaining 28 ships being owned under the flags of subsidiary companies, including Khazar Shipping, Valfajr and Iran-India Shipping. They are crewed by 6,000 personnel who work under the Iranian flag in the Caspian Sea, Persian Gulf, international waters and various ports of the world.
IRISL was sanctioned by the United States, United Nations, European Union, and other parties for assisting in Iran's nuclear and ballistic missile development programs. However, the line had expected to return to the world market in 2016, after the Iran nuclear deal was signed by Iran, the P5+1/EU3+3 powers, and the EU in August 2015.[1] In 2015, IRISL had announced its plans to become one of the world's top ten shipping lines by 2020.[2] After the United States withdrew from the Iran nuclear deal, US sanctions against IRISL were reimposed on 8 June 2020.[3] On 7 January 2022, shipping knowledge base Alphaliner ranked IRISL as 14th in its Top 100 league chart of global shipping lines.[4]
- ^ "Iran shipping line to be removed from sanctions list early next year". 8 August 2015.
- ^ "Iran's IRISL eyes to be among world's top ten". 13 September 2015.
- ^ "Non-Proliferation Designations; Iran-related Designations Updates". United States Treasury Department.
- ^ "IRISL ranks 14th among world's top 100 shipping lines".