Singapore

"MAY 14, 2016 —Singapore listed Kim Heng Offshore & Marine Holdings Limited reports that a wholly-owned subsidiary has entered into a non-binding memorandum of understanding with the Iran Marine Fund to explore setting up a strategic partnership. Clarifying Iranian press reports, Kim Heng says that, under the MOU, the total value of the projects to be entered into could be up to an estimated EUR 400 million (about $452 million) over a period of 10 years." (May 2016)

"InterOil Corporation, an independent oil and gas firm based in Papua New Guinea, has signed a memorandum of understanding with Pars Special Economic Energy Zone and Petropars Ltd. to develop a major oil production zone in southern Iran. The agreement is aimed at determining the feasibility of establishing Pars 3, an expansive area of 16,000-hectares in Bushehr Province, which will incorporate all infrastructures for offshore and onshore crude exploration, production and export, Shana reported." (June 11, 2016)

"Singapore-based Berlanga Group has signed a memorandum of understanding and a non-disclosure agreement with the National Iranian Oil Company on Wednesday to study Iran’s Dalpari Oilfield in the western Ilam Province." (November 18, 2017)
 

"Epic Gas’ vessels have recently started calling at Iranian ports and subject to a benign sanction environment it expects the trade to develop steadily. Recovering production in Iraq is driving growth in LPG volumes moving from oil fields in the south to a recently restored marine terminal at the port of Basrah, which has commenced exports in pressurised vessels to nearby markets such as Pakistan." (February 10, 2017)

Listed as a corresponding bank for transferring the fees for the 10th International Conference on magnetic and Super Conducting Materials (MSM17).

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The head of Iran’s Chamber of Commerce, Industries, Mining and Agriculture, Mohsen Jalalpour, announced in May 2016 that, following his visit to Singapore, “the [chairman] of DBS Bank (Development Bank of Singapore), Peter Seah Lim Huat, will travel to Tehran to discuss banking ties.” (Financial Tribune, “ICCIMA’s Jalalpour, Singapore Officials Discuss Areas of Cooperation,” May 23, 2016).

So despite concerns over regulation and reputation, that opportunity explains the caravan of container carriers that started resuming service to Iran back in January. The Iranian port at Bandar Abbas now welcomes ships from Evergreen, Hyundai, OOCL, Hanjin, “K” Line, KMTC, X-Press, Yang Ming, and many more... (Global Trade, "Transportation/Logistics:Iran is Back Open for Business," 11/1/2016).

"The National Iranian Tanker Company (NITC) and Singaporean Tru Marine recently signed an agreement of cooperation in technology and information sharing and repair of turbochargers for main engines and diesel ship generators, a report said. The deal was signed on the sidelines of the 18th Marine Industries Exhibition, NITC Technical and Navigation Operations director Akbar Jebalameli was quoted as saying in the Iran Daily report, which cited Shana. Azarpad Engineering & Procurement Company, as the representative of NITC, signed the contract with the Singaporean Tru Marine Company, Jebalameli said." (Trade Arabia, "Iran signs tanker tech deal with Singapore firm," 10/24/2016).

"For the first time since lifted sanctions, Asian investors will have the chance to gain privileged access to bankable projects in Iran as the country opens its doors to foreign investment. MillionaireAsia will organize the inaugural 1st Iran Investment Summit to be held in Singapore on 26 October 2016 in collaboration with Basio Consultants & Services Ltd (Hong Kong), and endorsed by the Government of the Islamic Republic of Iran. Facilitated by His Excellency Javad Ansari, the Iranian Ambassador to Singapore, an extensive delegation from the country will be heading to Singapore, led by Keynote Speaker H.E. Dr Valiollah Seif, Central Bank Governor, Islamic Republic of Iran... Tech will also be an important subject at the summit with Fintech company and main sponsor, DasCoin leading the ranks." (PRNewswire, "MillionaireAsia Announces the 1st Iran Investment Summit to Take Place in Singapore on 26 October 2016," 10/17/2016).

"Two senior Iranian officials said last year that Iran was expected to buy 100 jets from Boeing once sanctions were lifted. Both Airbus and Boeing would need U.S. export licences to carry out their deals, due to the use of significant U.S. technology in all modern jetliners. Even then, industry sources caution that both deals could take some time to implement because of uncertainty over financing, with the U.S. financial system still closed to Iran… BOC Aviation, a Singapore-based leasing company in which Boeing recently invested as part of its stock market debut, is in discussions with Boeing about financing part of the deal, two people familiar with the matter said." (Reuters, “Iran says reaches deal to acquire Boeing planes,” 6/14/2016)

“Iran wants to return to the non-oil shipbuilding market with a $300 million potential order of 10 bulk carriers from Singapore-listed shipbuilder Yangzijiang Shipbuilding Holdings Ltd., which may be the first such delivery in four years, people with knowledge of the matter said. The order, which could be completed over the next few weeks, involves 10 bulk carriers that would mainly used to accommodate Iran's huge iron-ore imports as well as copper exports. The people said the likely end-user of the 82,000-ton ships is Islamic Republic of Iran Shipping Lines, the country's biggest bulk carrier in terms of capacity. ‘If finalized, the down payment will be handled by a private-equity fund, but the ships will be used by IRISL,’ one person said.” (WSJ, "Iran Aims to Return to Shipping Market" 7/17/2014)