The maritime shipping industry in Iranian market

Category: Blog Published: Saturday, 02 February 2019 Print Email
The maritime shipping industry in Iranian market

The maritime shipping industry is the world's largest international industry and employs more than 2.5 million people in the industry out of Iranian market. The recession in global markets,

the existence of surplus capacity and rising fuel prices is one of the most important challenges facing the maritime shipping industry today not only for Iranian shipping industry for marketing in Iran but also Iranian shipping industry and global shipping industry out of Iranian market aiming global market. In recent years, we have seen a sharp drop in rates on major routes, especially in Asia and Europe.
The issue of maritime shipping has become highly relevant to its impact on commodity prices in developing countries, and has played an important role in the current context of free trade and the fully competitive environment of industrial and raw material producers in Iranian market. In such a situation, the unwanted application of any interruption or unnecessary costs in the shipping cycle of the goods in turn can lead to the elimination of many actors in the import and export sectors so that they will no longer be able to maintain the margin of incomes and will be out of business cycle.
Many international insurance companies are reluctant to engage with Iranian shipping companies because of fears of US sanctions. With the sharp drop in fares and the fall in incomes and, on the other hand, rising fuel prices, the margins of shipping companies have been badly affected. Since the share of oil in the general government budget still accounts for a significant proportion, therefore, the decline in oil revenues has reduced trade and, consequently, reduced ship traffic in the ports of the country, thereby reducing the income of shipping companies, activists and stakeholders will be in ports.
In addition, according to the Transport Commission, about 90%-95% of the Iranian market's foreign trade is carried out by sea, but we do not use it as and when it does not have cheaper banking facilities and port constraints, and in some commodities The shipping cost is equivalent to it, however, according to officials and economic activists, the shipping industry out of Iranian market continues to face problems such as:
* The Impact of the Global Economic Crisis on Iranian Shipping industry
* Create insecurity in the waters by pirates
* Inadequate investment in ports
* Absence of comprehensive plans in this field
* Also faced with sanctions challenge
The Iranian shipping has another problem and the sanctions that have started since the revolution's victory and has intensified in recent years. The Iranian Shipping Company has been subjected to the most severe sanctions for more than five years now, but fortunately these sanctions have created opportunities for a naval fleet of 12 specially designed crude oil and oil derivatives, as well as a number of carriers. Bulk chemical preparations have taken place, the first activity in the country's history, especially the transportation of chemicals.
These problems have caused the cost of transporting the cost of goods in Iranian market to be around twice of the global average. Under the terms of the boycott, businessmen will have to pay more for moving goods outside and inside the Iranian market; therefore, they must reduce these overheads by taking steps.
Negative Impact of Transit Costs on Competitiveness: In addition, during a panel reviewing the impact of sanctions on shipping costs, Mohammad Samiy, a member of the Association of Owners of Ships, raised fuel prices, reduced load and high rates of bank interest, increasing shipping costs, he said, has reduced the competitiveness of Iranian market’s foreign trade among other countries.
A look at the global economic downturn, sanctions and its impact on maritime transport
Business stagnation, regional developments, and sanctions imposed by some countries against Iranian economy also raise questions about shipping activity, including maritime transport, which is the forefront of Iranian market’s foreign trade. What bottlenecks is the river facing? In particular, for some time, the US government has imposed sanctions on this important economic sector. The country's merchant shipping companies in three resolutions of the Security Council, the unilateral boycotting of the United States and the European Union aimed at removing the Islamic Republic of Iran's shipping lines from the main commercial routes of the world and losing the market share of the maritime transport, and the recession of the international economy, And as a result, demand for carriage of goods has reduced the shipping companies and ship owners to a significant position that Iranian companies have not been protected from. Of course, the effects of international sanctions on the performance of the maritime transportation sector of our country should also be considered as a result. So far, shipping companies have encountered a lot of difficulties in maintaining their financial balance and operational balance, and reducing fleet productivity has led to the deposition of assets and the limitation of the scope of the workforce in this sector. Each of these sanctions has been identified and has always been tweaked or neutralized by adopting the necessary sanctions policies.
The lack of statistics and analysis based on the problems of the Iranian maritime industry
Many times the lack of information at different levels confuses the decision-makers of the Marine Region. One of these cases is the lack of information on the actual power of the maritime factories, the capacity of maritime markets in the domestic and regional areas such as Iranian market and global market, and the share of our country from these markets, the volume and turnover of maritime activities carried out over marketing in Iran and the share of maritime industries from GDP is Cited.

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