The Managing Director of the Islamic Republic of Iran Shipping Lines says IRISL has signed a contract for purchase of fifty-two ships. Mohammad-Hossein Dajmar noted that the total capacity of the ships is 2.6 million tons and a total of $2.25m has been allotted for purchasing the ships from domestic and foreign firms. He pointed out that all of the ships will be delivered to Iran by 2010, IRNA reported. Dajmar asserted that Iran ranks first in the Middle East in terms of the number of its commercial liners and oil tanker ships. [Source: http://www.presstv.ir]