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SADRA Iran Marine Industrial Company

Sadra Industrial Island is located in Bushehr, southern Iran. SADRA also known as "Iran Marine Industrial Company" was founded in 1968 as a small ship repair yard in Bushehr. Since then, SADRA has established itself as the leading shipbuilding and ship repairing company in Iran. SADRA is also active in offshore oil & gas development. The company is now five decades old and during its lifetime has spent some 1.2 billion dollars, which makes it one of the largest Iranian entities as far as investment is concerned. Unfortunately, despite such expenditures, the company had not made any significant achievement thus far.

SADRA specializes in building ships, docks and floating oil rigs. Sadra Group is a sister company of Iran's state-owned Iran Shipbuilding and Offshores Industries Complex Co. (ISOICO). In 2005 it was reported that Iran's shipbuilding company Sadra Group was to build four cargo ships, worth 100 million euros, for the north German-based Rickmers shipping lines. The ships were to be used for freight transport from Europe and the US to the Middle East as well as to Pakistan and India. As of April 2009, the IRGC-controlled construction conglomerate, Khatam al-Anbia owned a controlling stake in SADRA.

In the early 1970s the Iranian shipbuilding industry began its activities with the construction of the first and then the largest Middle Eastern shipbuilding yard, under the name of Persian Gulf Shipbuilding Complex (PGSC). It was aimed at building and repairing ships and tankers of up to 250,000 ton capacity. The yard was situated in Bostano, a port 50 km from Bandar Abbas. At the 1972 Tehran International Exhibition a very large and impressive stand of the Persian Gulf Shipbuilding Complex displayed a large model of the shipyard. Said to be the largest project in the Middle East, the shipyard planned to build 250,000 ton tankers and 60,000 ton bulk carriers and in Bandar Abbas. A few years after the establishment of the PGSC shipyard, an American company built a small shipyard in Bushehr named Iranian Marine Industry Co which was equipped with a 750 ton synchrolift. The company seriously and very actively became involved in ship repair and began to construct small vessels, tugboats in particular.

Following the Islamic Revolution this company was transferred to the Iranian state and presently operates under the name of Sadra Co. This company is now fully developed and has established a number of shipyards along the southern and northern coasts of Iran and has thus far built a considerable number of fishing vessels, tugboats, barges, and specially oil production platforms and oil rigs. In addition, there are several other shipbuilding entities in Bandar Abbas, and one named Arvandan in Khorramshahr, all of which build small vessels.

In 1981, with the urgency to exploit the country`s potentials in oil and gas in Persian Gulf ang Caspian Sea and necessity of forming the related industries, SADRA expanded it`s operation to the off shore industries.

Today this company is active in three main fields of construction and repair of different vessels, construction of various oil and gas platforms and execution of infrastructure projects, and has shipyards and marine equipment in both Persian Gulf (Bushehr) and Caspian Sea (NEKA) regions.

SADRA`s main missions are to design and execute oil, gas and petrochemical projects, design, construction and installation projects. In this regard, SADRA`s main goals are being one of the main contractors of oil, gas and petrochemical projects, effectively participating in the international arenas and successfully executing projects outside of our borders.

This firm has accomplished more than 150 large and small projects in the offshore industry so far, the most important ones being south pars gas fields phases 1,4,5,6,7 and 8, Amir Kabir, Semi Submersible drilling rig, Salman gas field, Urmieh Lake causeway and Mobin petrochemical refinery water intake.

SADRA Iran Marine Industrial Company SADRA Iran Marine Industrial Company

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Page last modified: 26-06-2019 18:51:03 ZULU