ISOICO
Encyclopedia
Iran Shipbuilding & Offshore Industries Complex Co (ISOICO) is an Iran
Iran
Iran , officially the Islamic Republic of Iran , is a country in Southern and Western Asia. The name "Iran" has been in use natively since the Sassanian era and came into use internationally in 1935, before which the country was known to the Western world as Persia...

ian ship yard, located in the Persian Gulf
Persian Gulf
The Persian Gulf, in Southwest Asia, is an extension of the Indian Ocean located between Iran and the Arabian Peninsula.The Persian Gulf was the focus of the 1980–1988 Iran-Iraq War, in which each side attacked the other's oil tankers...

, Strait of Hormuz
Strait of Hormuz
The Strait of Hormuz is a narrow, strategically important waterway between the Gulf of Oman in the southeast and the Persian Gulf. On the north coast is Iran and on the south coast is the United Arab Emirates and Musandam, an exclave of Oman....

 lat/lon: 27°03' N , 57°58' E (37 km west Bandar Abbas
Bandar Abbas
Bandar-Abbas or Bandar-e ‘Abbās , also Romanized as Bandar ‘Abbās, Bandar ‘Abbāsī, and Bandar-e ‘Abbās; formerly known as Cambarão and Port Comorão to Portuguese traders, as Gombroon to English traders and as Gamrun or Gumrun to Dutch merchants) is a port city and capital of Hormozgān Province on...

 City), active as shipbuilder and ship-repairer of different types of vessels and offshore structures. ISOICO is a subsidiary of IDRO.

History

In October 2006, a new company has been established in the southern port city of Bandar Abbas
Bandar Abbas
Bandar-Abbas or Bandar-e ‘Abbās , also Romanized as Bandar ‘Abbās, Bandar ‘Abbāsī, and Bandar-e ‘Abbās; formerly known as Cambarão and Port Comorão to Portuguese traders, as Gombroon to English traders and as Gamrun or Gumrun to Dutch merchants) is a port city and capital of Hormozgān Province on...

 to repair various types of ocean liners. According to ISNA
Iranian Students' News Agency
The Iranian Students News Agency is a news organization run by Iranian university students. Established on November 4, 1999 in order to report on news from Iranian universities it now covers a variety of national and international topics. Editors and correspondents are themselves students in a...

, the Bandar Abbas Pars Ship Repairing Company has been formed jointly by IRISL
Iran Shipping Lines
The maritime fleet of the Islamic Republic of Iran Shipping Lines comprises 115 ocean-going vessels with the total capacity of . The ownership structure of the fleet comprises 87 ocean-going vessels in IRISL and 28 different types of ships under the flag of subsidiaries, including Khazar Shipping,...

 and ISOICO. The plant has the capacity to carry out maintenance works on large vessels with 500,000-ton capacity.

ISOICO has produced Iran's first ocean liner ship named "Iran-Arak". It was launched in Hormozgan southern city port in 2009. It weighs over 7000 tons and is able to carry over 30,000 tons of cargo or 2,200 TEU
Twenty-foot equivalent unit
The twenty-foot equivalent unit is an inexact unit of cargo capacity often used to describe the capacity of container ships and container terminals...

. Iran-Arak can accelerate to 32 knots (59.3 Km/h) and is able to sail 25 days non-stop. The vessel, which has cost $50 million to construct, is 185 meters (607ft) long, 30 meters (98.4ft) wide, has 10 meters (32.8 ft) of draft and uses more than 16.7 MW to reach 21.5 knots (39.8 km/h).

"Iran-Shahr-e Kord" is identical to "Iran-Arak" and both ships are produced by ISOICO for Iran Shipping Lines
Iran Shipping Lines
The maritime fleet of the Islamic Republic of Iran Shipping Lines comprises 115 ocean-going vessels with the total capacity of . The ownership structure of the fleet comprises 87 ocean-going vessels in IRISL and 28 different types of ships under the flag of subsidiaries, including Khazar Shipping,...

.

On sept 11, 2011 iran launched a third ship named "Iran-Kashan".

Production capacity and domestic market

ISOICO shipyard is capable of constructing any type of vessel up to about 4 x 80,000 DWT per year on its existing building berths mainly bulk carrier, containership and oil product carrier using advance technology, afterwards the constructing capability will increase for the vessel up to about 2 x 300,000 DWT VLCC or 2 x 140,000 m3 LNG carrier per year in addition to the existing capacity.

Over the next two decades, Iran would need 500 new ships, including 120 oil tankers, 40 liquefied natural gas (LNG) carriers and over 300 commercial vessels. In 2009, in a move aimed at further enhancing Iran's shipbuilding industry, President Mahmoud Ahmadinejad said he will ban the purchase of foreign ships by Iranian organizations. The Ministry of Commerce
Ministry of Commerce (Iran)
The Ministry of Commerce of Iran was the main organ of the Government in charge of the regulation and implementation of policies applicable to domestic and foreign trade...

 has confirmed that Iran is able to build all its needed sea fleets inside the country.

See also

  • SADRA
    SADRA
    SADRA also known as "Iran Marine Industrial Company" was founded in 1968 as a small ship repair yard in Bushehr. Since then, SADRA has established itself as the leading shipbuilding and shiprepairing company in Iran. SADRA is also active in offshore oil & gas development. SADRA specializes in...

     - ISOICO's sister company
  • Iran Shipping Lines
    Iran Shipping Lines
    The maritime fleet of the Islamic Republic of Iran Shipping Lines comprises 115 ocean-going vessels with the total capacity of . The ownership structure of the fleet comprises 87 ocean-going vessels in IRISL and 28 different types of ships under the flag of subsidiaries, including Khazar Shipping,...

  • National Iranian Tanker Company
    National Iranian Tanker Company
    National Iranian Tanker Company is a subsidiary of the National Iranian Oil Company which was privatized in 2009. As at 2011, NITC was owned by funds managing pensions for 5 million Iranians. It is the biggest tanker company in the Middle East and 4th in the world...

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