"Two European liner agencies have withdrawn from representing sanctions-hit IRISL. Hamburg based Peter W Lampke (PWL) and Genoa-headquartered Fratelli Cosulich have until now served IRISL's 10-day container service..." (Trade Winds News, 11/12/2018).
"After last year's lifting of European sanctions against Tehran and the consequent recovery of containers services from the Mediterranean to the Middle East, as from early 2017 IRISL determined also re-launching general cargo and project cargo services. As illustrated by Genoa-based Fratelli Cosulich shipagent – representing the Iranian group's business in Italy, the new line directly involves our country as one of the major-plant design exporters to Iran." (May 2017)
"Fratelli Cosulich forms bunkering alliance in Iran with IRISL." (May 19, 2016).
Senior officials of the Islamic Republic of Iran Shipping Lines (IRISL) and the Italian worldwide shipping group Fratelli Cosulich inked a Memorandum of Understanding (MOU) to set up a joint representative firm, the IRIB news agency reported on Monday. According to the MOU, the two sides will establish a joint, local representative firm in Italy which is projected to offer marketing and selling services and provide representative services to shipping lines of IRISL Group. (December 8, 2015).
"President of the Iranian Shipping Company IRISL said 'We’ve chosen the Fratelli Cosulich shipping company to be our European partner. They are our reference point, especially in Italy.'" (The Medi Telegraph, "We'll bring 50 Iranian ships a year to Genoa" 6/21/2016). -- "A new bunkering alliance between Italy’s Fratelli Cosulich and the Iranian national shipping group IRISL will take shape in the near future. Fratelli Cosulich is developing new projects in maritime insurance brokerage and in bunkering. We are going to set up a new joint venture with the national shipping group IRISL aimed at offering ship bunkering services in the port of Bandar Abbas. That’s something we have been doing for a long time now in the port of Singapore.” (Splash 24/7, "Fratelli Cosulich forms bunkering alliance in Iran with IRISL," 5/19/2016). -- The Islamic Republic of Iran Shipping Lines (“IRISL”) website publicized, “a memorandum for the purpose of establishing a joint company in the representative sector was signed between IRISL and Italian company Fratelli Cosulich.” (IRISL Website, “Iran and Italy sign MoU to establish a joint company in Italy,” 7/12/2015). -- Chairman of IRISL, reportedly stated in 2015 that, “[as soon as international sanctions are cancelled we will be ready, together with our old dating partner Fratelli Cosulich, to debut again." Fratelli Cosulich President Augusto Cosulich stated “we already established a joint venture with IRISL, which was dormant during the embargo, and for the time being it will be revived. We are glad that IRISL selected it to debut on the European market” (Ship 2 Shore, “IRISL to debut in Italy in grand style by 2016,” 2/11/2015).