Contship Italia

Italy's largest container terminal operator Contship Italia and Iran’s Sina Port and Marine Company (SPMCO) will develop their bilateral ties in the fields of maritime trade and ports

Status:Risk Alert – Entity in a problematic sector - Sector controlled by the Top Alert entities

Risk Level:unknown %

Info:
“Italy and Iran have signed a memorandum of understanding (MoU) on expansion of maritime and port cooperation following the conclusion of the Joint Comprehensive Plan of Action (JCPA) between Tehran and world powers, a report said. Italy’s largest container terminal operator Contship Italia and Iran’s Sina Port and Marine Company (SPMCO) will develop their bilateral ties in the fields of maritime trade and ports as a prelude to further expansion of trade volume between the two countries. ‘This MoU represents a great opportunity and milestone for the involved countries in this historical period marked by a new level of economic cooperation and political relationships,’ Contship said in a statement…” (Tasnim News, “Italy Seeks to Develop Maritime, Port Cooperation with Iran,” 8/4/15);

“Mohammad Rastad, the managing director of the Ports and Maritime Organization, accompanied by Iranian delegation visited the managers of Contship Italia Group at the Port of La Spezia in Italy.” – (October 20, 2018);

“In the second half-year 2016 EUROGATE GmbH & Co. KGaA, KG, in a consortium with the Iranian company SINA Port & Marine Co. (SPMCO) of Teheran, competed to operate Container Terminals CT 1 and CT 2 in the southern Iranian port of Bandar Abbas. In the interim the consortium has qualified with the Iranian Ports & Maritime Organisation (PMO) as one of three participants in the final offer for CT 1 (capacity: 1.5 million TEUs) and one of two participants in the final offer for CT 2 (capacity: 4.0 million TEUs). Meanwhile the project was taken over by EUROKAI GmbH & Co. KGaA with the involvement of CONTSHIP Italia.”

SPMCO is the largest port operator in Iran (listed in the Teheran stock exchange) and affiliate company of Bonyad Mostafazan Foundation (BMF) known also as BOBACO;

Sina ICT Group is controlled and owned by the Mostazafan Foundation. Bonyad e-Mostazafan Foundation is controlled by the Islamic Revolutionary Guards Corps (IRGC), and Supreme Leader of Iran;

Industry:
Shipping Industry

Also Known As:
Contship
Contship Italia Group Maritime Terminals

Country:
Italy

Address:
Via I Maggio 1, 20066 Melzo (MI)

Phone:
+39 02 95529611

Website:
www.contshipitalia.com

E-mail:
info@contshipitalia.com

Person of interests:
Marco Simonetti (Vice President Contship Italia Group Maritime Terminals)

Reason for the color:
» MOU between Contship and SPMCO the largest Iranian port operator;