Korean yard Daewoo Shipbuilding & Marine Engineering (DSME) is to build a shipyard in Iran in partnership with the the Industrial Development and Renovation Organization of Iran (IDRO).

The yard will focus on building tonnage for Iran’s main lines, NITC and IRISL. DSME has a track record of supplying tonnage to Iran’s top two lines having built 38 ships and five rigs for Iranian companies over the years.