Qeshm Island

Qeshm Island with 135 Km length starts from Hormoz strait and develops against LENGEH port in mainland. Qeshm Island’s average width 11 Km has been measured and its area approximated around 1491 square meters. So Qeshm’s area is around twice Bahrain’s and thrice Singapore’s. With respect to 1993 approved act in Parliament, 300 square kilometers of Qeshm Island defined as free trade-industrial region and the rest as Special Economic Region.

 

Qeshm Island: the best choice for bunkering

Qeshm Island by placing in the way of passing ships has special status in terms of bunkering project. Totally, we can list some of its benefits as follows:

(1) low distance from international passing way of ships so ships deviation from route for fueling is so short around 3 Km,

(2) having sufficient region for fueling operations with 30-50 meters depth which is the most safe and reliable depth for anchorage,

(3) closing to BANDAR-ABBAS refinery as main supplier of its crude oil and high quality of this refinery products and SHAHID RAJAEI port availability,

(4) Using of Labor Law benefits because of Qeshm free zone laws which explained shortly hereafter:

15 years Tax-free economic activities

Free Co-investment both home investment and foreign investment

Investment entry/exit with no limitation

Spare parts, machinery and raw material import with free customs and

business return.

Minimal administrative formalities for active companies,

Visa issuing for foreign citizens in Free Region ports

Easy and sufficient regulations for work.

(5) Existence of sufficient land for storage construction and ability to south island jetty exploiting for loading terminal construction of fueling fleets.

(6) Existence of native and cheap workman for all trading and servicing operations.

(7) Exploiting from Island infra-structure facilities like International Airport in order to offering services related to fleets crew exchanging; KAVEH port for equipments transferring, road network, Power distribution, and telecommunication associated with data services.

With respect to bunkering region constructing necessity in vicinity of international passage route, south coastal of Qeshm Island is the most sufficient choice.