Arya Shipping Lines Company Public Joint Stock (Iran)

The activity of The Company is Buying, selling, chartering and/or mortgaging any type of vessel,Buying, selling, chartering and/or mortgaging equipments used in loading and unloading and container;Managing all types of marine vessels;Managing human resources and financial aspects of marine activities and Management of ports.
The Company established as Public Joint Stock company on 8 April 2004 and registed under a registration no number 225888 on 6 July 2004.
The Company was listed in Iran Fara Bourse on 31 December 2011.
The Iranian government's decision to encourage the private sector to participate in marine transportation was taken some twenty years too late. When the decision finally came, Arya Shipping Lines was the first to take advantage of this golden opportunity.
Although the commissioning process of the company postponed due to departuring some of the first founders.
But finally the company was about to be established on July 2003 and the one month later the registration was also approved by the Ports and Shipping Organization.
Share Subscription was conducted at the month of January 2004 and finally the company was registered on 07 July 2004.
The Company 's first General Assembly of Founders (the statutory meeting) was held on 8th April 2004, with about 70 of its shareholders present. In this meeting the draft of the company's Articles of Association and the company's 22.5bn Rials share apital were sanctioned. The founding partners and subscribers initially paid 50 of the capital. It was also decided that the company's capital would be divided into 22.5m Registered shares each with the nominal value of 1000 Rials. The scope of the company were drawn up and approved as follows :
Also according to the last minutes of the Annual General Assembly dated 11 June 2013, the capital of the company increased from 117,720,000,000 Rials to 298,000,000,000 Rials.
Delivery of New Ship M.V. Arya Payk
A new double skin Supper Handy Max Bulk Carrier ( Type Diamond 53 with DWT of 53.500 MT named M.V. Arya Payk was delivered to Arya Shipping Lines at Chengxi Shipyard (China) on 28th .April.2006
This was second vessel of the type that eight year hire purchased by Arya Shipping Lines.
(17/12/85)
· Yearly General Assembly Meeting
Yearly general assembly meeting of the company will be held at NITC assembly room with following address on 8th.March.200
(1385-17-12)
Add: No.67 Shahid Atefi Street Africa Boulevard, Tehran.
Minot of Meeting
1. Hearing the Board of Director and legal auditor reports
2. Review and approval of profit and loss balance sheet ending 31.Dec.2006
3. Election of Legal Auditor
4. Choosing of Company official news paper
· Performing Company s Five Year Development Plan
In order to perform company s five year program and securing sufficient credit, companies entered into negotiation with number of banks and credit institutes in Iran and abroad and hope with securing required credit. Company could purchase nominated ships.
· Activity Reports
In year 2006 company could perform sixty voyages carrying 2.700.000 MT all kind of Bulk Cargoes tramping almost all over the world. With it s four Modern Super Handy Max 53.000 MT.
· Future Program
In last few months company has coordinated and visited number of shipyards in China and Vietnam. Negotiation to order Handy Size of 32.000 MT and Super Handy Max of 52.000 MT with this ship yard is in progress.