SADRA

The Iran Marine Industrial Company (Persian: شرکت صنعتی دریایی ایران), also known as SADRA, 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.^[1] SADRA is also active in offshore oil & gas development.^[2] SADRA specializes in building ships, docks, and floating oil rigs.^[3] Sadra Group is a sister company of Iran's state-owned Iran Shipbuilding and Offshores Industries Complex Co. (ISOICO).^[4] As of April 2009, the IRGC-controlled construction conglomerate, Khatam al-Anbia owns a controlling stake in SADRA.^[5]

Sadra Company

Company type	Public
Industry	Shipbuilding, Oil and gas
Founded	1968; 57 years ago (1968)
Headquarters	Bushehr and Mazandaran (Iran)
Products	Container & Product Carrier, Multi-purpose cargo Ship, Ferry, FPSO/FSO, Cable Laying Vessel, Pipe Laying, Drill-Ship, AHTS & Special Vessel..
Website	www.sadra.ir

History

• In 2005, SADRA won a 100 million euro contract to build four cargo ships for German company Rickmers.^[4]
• In 2006, SADRA group won a $2.4 billion contract to build 10 LNG carriers for the Belgian shipping group EXMAR.^[2]
• In 2009, SADRA begun manufacturing four 113,000-metric-ton Aframax oil tankers for Venezuela.^{[citation needed]}
• In 2009, SADRA launched a domestically-built semi-floatable drilling rig for the Caspian Sea. The semi-submersible rig called 'Iran-Alborz' is the largest in the Middle East. The semi-floatable platform is able to operate at water depths up to 1,030 meters and can drill down to 6,000 meters under the seabed.^{[citation needed]} Iran-Alborz is operated by Iran North Drilling Co.^[6]
• Since 2010, SADRA has been involved in the development of South Pars phases 13 & 14.^[7]
• Iran Marine Industrial Company SADRA delivered the second Aframax oil ship on 12 June 2022 in a meeting between Iran’s President Ebrahim Raisi and his Venezuelan counterpart Nicolas Maduro after the documents were signed.^[8]

Iranian ship building market and industry

See also: Industry of Iran

Over the next two decades, Iran would need 500 new ships, including 120 oil tankers, 40 liquefied natural gas (LNG) carriers, and over 300 commercial vessels.^[9] In 2009, in a move aimed at further enhancing Iran's shipbuilding industry, President Mahmoud Ahmadinejad said he will ban the purchase of foreign ships by Iranian organizations.^{[citation needed]} The Ministry of Commerce has confirmed that Iran is able to build all its needed sea fleets inside the country.^[10]

Ships built by SADRA

Aframax

• MV Sorocaima (2012)
• MV Yoraco (2020)

See also

• ISOICO - SADRA's sister company
• Iran Shipping Lines
• Iranian Offshore Engineering and Construction Company