Iran Marine Industrial Company
Iran Marine Industrial Company (SADRA) is an Iran Fara Bourse-listed public joint-stock marine industrial contractor headquartered in Tehran, with a major operating base in Bushehr. Founded in 1968, it builds vessels and delivers offshore oil and gas, port and coastal infrastructure projects. It is relevant to Iranian maritime and offshore-energy supply chains, subject to material sanctions constraints.
Operations & footprint
Products and services
Iran Marine Industrial Company, known as SADRA, provides shipbuilding, ship repair, offshore platform fabrication, marine structures, floating units, dock and yard services, offshore oil and gas construction, port-related structures, heavy industrial fabrication, and maritime engineering services for energy, logistics, shipping, and public infrastructure projects.
Operations and assets
The company operates a Bushehr marine-industrial base and delivers vessel construction, offshore fabrication and installation, plus dock, jetty, harbour and coastal-protection projects.
Geographic footprint
Headquartered in Tehran, with a principal operational base in Bushehr, Bushehr Province, Iran.
Ownership & group structure
Ownership
Khatam al-Anbiya Construction Headquarters has held a controlling stake since 2009.
Parent company
Khatam al-Anbiya Construction Headquarters (IRGC-controlled).
Commercial and investment relevance
SADRA is relevant for investors assessing Iran's shipbuilding capacity, offshore platform fabrication, port and marine infrastructure, oil and gas construction, maritime repair services, and heavy industrial contracting. It can support analysis of domestic vessel production, offshore energy maintenance, Persian Gulf logistics, Caspian and Gulf yard capacity, and public-project execution risk. Due diligence should review sanctions exposure, shareholder structure, order backlog, project delays, working capital, yard utilization, procurement access, payment risk, and latest listed-company disclosures. For contractors and industrial suppliers, SADRA is a potential counterparty for Iranian vessel, offshore-facility and marine-civil works. Engagement requires early screening of restrictions affecting equipment, finance, insurance, logistics and contracting.
Constraints, risk & compliance
Key risks and constraints
Project performance depends on execution of complex shipbuilding, offshore installation and marine-civil contracts. Access to imported equipment, specialist services, finance, insurance and international logistics is materially constrained by sanctions designations.
Sanctions and compliance considerations
SADRA is listed by OFAC under IRGC, NPWMD, IFSR and SDGT-related authorities, including secondary-sanctions exposure under Executive Order 13224 as amended. It is also listed under UK sanctions reference INU0076. US, UK and applicable European restrictions require transaction-specific legal and compliance review.
Need more than a public profile?
Ask Hormuz to investigate, verify or act locally around Iran Marine Industrial Company. Tell us exactly what you need.
Connected Intelligence
Relevant geography, industry, market and execution context for this profile.
Frequently asked questions
Direct answers to the questions most likely to arise when reviewing this profile.
What does Iran Marine Industrial Company (SADRA) do?
SADRA builds commercial and specialised vessels and delivers offshore oil and gas facilities, marine terminals, docks, jetties, harbour works and coastal-protection projects.
Where does SADRA operate?
SADRA is headquartered in Tehran and has a principal marine-industrial operating base in Bushehr, Iran.
Is SADRA publicly listed?
Yes. Iran Marine Industrial Company is a public joint-stock company listed on Iran Fara Bourse under the ticker خصدرا (Khasadra).
Is SADRA subject to sanctions?
Yes. SADRA is subject to US and UK sanctions designations, creating significant restrictions for financing, supply, insurance, logistics and contracting.