IRISL meaning in Governmental ?

Answer: What is Islamic Republic of Iran Shipping Lines mean?

The Islamic Republic of Iran Shipping Line Group (Persian: گروه کشتیرانی جمهوری اسلامی ایران‎, Gruh-e Kâshitirani-ye Jimhuri-ye Eslâmi-ye Iran), commonly known by its business name IRISL Group, is a shipping line based in and owned by Iran. Its fleet comprises 115 ocean-going vessels with a total capacity of 3.3 million tons deadweight (DWT), with 87 being ocean-going vessels owned by IRISL and the remaining 28 ships being owned under the flags of subsidiary companies, including Khazar Shipping, Valfajr and Iran-India Shipping. They are manned by 6,000 personnel who work under the Iranian flag in the Caspian Sea, Persian Gulf, international waters and various ports of the world.

IRISL was sanctioned by the United States, United Nations, European Union, and other parties for assisting in Iran's nuclear and ballistic missile development programs. However, the line had expected to return to the world market in 2016, after the Iran nuclear deal was signed by Iran, the P5+1/EU3+3 powers, and the EU in August 2015. After the United States withdrew from the Iran nuclear deal, US sanctions against IRISL were reimposed on 8 June 2020. In 2015, IRISL had announced plans to become one of the world's top ten shipping lines by 2020.

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