Iranian owner makes boxship move with China order

AI Summary

Tehran-based Kamal & Adel has entered the containership sector with an order for a 1,700 TEU-class vessel from Chizhou Tianyu Shipbuilding in China. The ship, valued at around $31.5 million, is scheduled for delivery in 2028.

Tehran-based Kamal & Adel has moved into the containership sector with an order for a single 1,700 teu-class newbuild in China. The Iranian outfit has contracted Chizhou Tianyu Shipbuilding for the vessel, priced at around $31.5m and due for delivery in 2028. Detailed specifications have not been disclosed. Consultancy Alphaliner notes that a ship of …