Iran lifts curtain on funds for upgrading maritime transport fleet

2026-01-28 - 13:22

Iran is gearing up to give its maritime fleet a fresh coat of paint over the next decade, with an eye on locking in annual funding. A fair number of vessels are in need of a little TLC, with both the big and the small ones in the mix. The country will also trim the sails of ship lifespans to save a pretty penny and lessen the environmental footprint.