VOL. XXXIV

NO. 12/13

24/31-DECEMBER-1990

OAPEC

ASRY Signs Contract with Iranian Shipping Firm

The OAPEC-sponsored Bahrain-based Arab shipbuilding and Repair Yard (ASRY)has signed a one-year contract, renewable, with an Iranian shipping firm - theAl Fajor Iranian Shipping Company (Afisco) - under which ASRY will repair allships and vessels owned by Afisco. Afisco's General Manager, Mr. Ahmed Mokhmoly,has disclosed that Bahrain and Iran have agreed to begin as from 22 December adirect sea link for...