IRISL ranks 17th among world’s top container shipping lines
The Islamic Republic of Iran Shipping Lines (IRISL) ranked 17th among the world’s top container shipping companies in the latest Alphaliner rankings, according to Tasnim news agency.
Swiss-based Mediterranean Shipping Company (MSC) retained its position as the world’s largest container shipping company with a capacity of 7.319 million TEU.
Denmark’s Maersk and France’s CMA CGM ranked second and third, with capacities of 4.661 million TEU and 4.289 million TEU, respectively.
China’s COSCO Group ranked fourth with a capacity of 3.597 million TEU.
Germany’s Hapag-Lloyd, Singapore-based Ocean Network Express (ONE) and Taiwan’s Evergreen Marine ranked fifth through seventh, respectively.
South Korea’s Hyundai Merchant Marine (HMM) ranked eighth with a capacity of 1.03 million TEU, while Taiwan’s Yang Ming Marine Transport ranked ninth with a capacity of 741,908 TEU.
IRISL ranked 17th globally with a container shipping capacity of 142,180 TEU.
IRISL, Iran’s state shipping carrier, has operated under multiple rounds of US sanctions in recent years targeting Iran’s shipping and logistics sectors. Washington reimposed sanctions on IRISL and dozens of affiliated entities and vessels in 2018 and expanded measures in subsequent years.
The company has also faced operational pressure amid heightened tensions in regional shipping routes following the recent US naval blockade on Iranian ports and shipping activity linked to the Strait of Hormuz.