Islamic Republic of Iran Shipping Lines (IRISL) Group and South Korea’s Hyundai Heavy Industries Company are holding the final talks about a $650m deal of providing 10 ships for Iran. The contract calls for Hyundai to build four 14,400 TEU container…
Tag: South Korea
South Korea’s imports of Iranian oil averaged 123,000 b/d in Jan-Oct
South Korean customs figures show South Korea’s imports of Iranian crude oil averaged 123,056 barrels a day (b/d) in January-October. Iran is now exporting about 1.1 million b/d of crude oil, about half the figure recorded before the tightening of…