Iranian shipping line weighs up London IPO
Islamic Republic of Iran Shipping Lines (IRISL) is eyeing up a listing on the London Stock Exchange (LSE) but US sanctions have thus far proved to be an obstacle for banks according to Reuters.
Iran’s biggest shipping line is looking to raise funds to modernise its fleet, having already ordered new ships at an estimated cost of US$626m.
Conflicting reports have emerged with the carrier telling Iranian media that it has no plans to offer its share on the LSE.
You need a free subscription to read the entire article.
Login if you have already subscribed.
Subscribe
Subscribe for FREE and gain access to all our content.
More than 5000+ articles.
Related Posts
Other News
Container Management (cm) has been published for more than 30 years serving the port, terminal, intermodal and container handling equipment industries worldwide.
