India and Iran strengthen Chabahar Port partnership with new deal
The ten year agreement signed by the two countries will see around $370m invested into the port by India.
17 May 2024
17 May 2024
The ten year agreement signed by the two countries will see around $370m invested into the port by India.
New thrusters and control systems have been developed to give better control for SOVs.
The project was approved more than a decade ago but had failed to proceed after hundreds of protests from local and international groups.
The new version of the software has already been installed on several Italian vessels.
The agreement will grow both firms' MRO business in the Indian Ocean region.
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