He also said costs of docking of the ships carrying Iranian goods has also dramatically fallen in Bandar Abbas Ports.
Akhoundi added Iran must raise its share in global markets given 5,800 kilometers of sea borders it enjoys in international waters.
He also underlined the necessity of supporting domestic shipping companies, adding the ministry is seeking to boost Iran’s share in global shipping markets.
The official also said once Persian Gulf Star Refinery is operational, it will curb sale of crude materials to a large degree.
He also said that the international shipping lines enjoy low transportation costs and tariffs in Iranian ports and that will improve the volume of Iran’s trade transactions.