1201 GMT October 28, 2020
Mohammad Rastad said that some 900 meters of a new wharf at Shahid Rajaee Port would come on line by the end of the current Iranian year (March 20, 2021) to enable Iran to process megaships in the facility for the first time, Press TV reported.
The construction of the wharf is part of the Phase 3 of development work at Shahid Rajaee Port, currently 59th on the global ranking of large container ports.
Development of the port, responsible for nearly 90 percent of container activity in Iran, has faced hurdles due to recurrent US sanctions targeting operator companies in the area.
However, despite growing American pressure, the facility has remained a major gateway for trade between Iran and the rest of the world.
The current administrative government in Iran plans to increase Shahid Rajaee’s annual capacity to 1.5 million TEU by August next year. That would hugely boost Iran’s capability for exports of various finished products as the government seeks to diversify the economy away from crude oil.
Other ports in southern Iran, including Bandar Imam Port, to the west of the Persian Gulf, where giant dry bulk ships dock, have been modernized by the government in recent years to avoid any halt to trade.
Iran is also developing a large ocean port in Chabahar, on the Sea of Oman, to facilitate trade between the Indian Ocean and landlocked countries to the east and northeast of Iran.