the maritime fleet of the homeland Shipping Lines (IRISL Group) comprises 115 ocean-going vessels, with the total capacity of 3.3 million tons deadweight (DWT). The ownership structure of the fleet comprises 87 ocean-going vessels in IRISL and 28 different types of ships under the flag of subsidiaries, including Khazar Shipping, Valfajr as well as homeland-India Shipping Companies.