Iran`s Oil Tanker Berths at Spain`s Port

An Iranian oil tanker berthed at a Spanish port to be the country`s first trade vessel to arrive in Europe since the West withdrew its sanctions against Iran last January.
“The first NITC tanker leased to a major Spanish oil company docked at the Port of Algeciras in Spain. said National Iranian Tanker Company (NITC) Managing Director Sirous Kian Ersi.
He noted that more NITC tankers will head for other European ports. and said. Two vessels are currently en route to the Netherlands.
Earlier in January.  Kian Ersi said that dozens of foreign customers have signaled keenness to tap NITC`s shipping capacity for carrying crude oil and petroleum products since the sanctions` removal.
He said restrictions regarding classing and insuring NITC fleet by leading international insurers have been eased thanks to the removal of sanctions on Tehran`s nuclear program and implementation of the Joint Comprehensive Plan of Action (JCPOA) in January 2016.
He said NITC has leased 30 of its tankers to foreign companies since JCPOA implementation. adding the number will grow by the calendar yearend to March 20 2017.
NITC`s priority is carrying Iran`s crude oil cargoes but its extra capacity will be used by foreign customers. he added.
Kian Ersi said NITC has currently no plans to enlarge its fleet of tankers. adding the company has ordered construction of two 35k-ton ships and three 63k-ton vessels to domestic manufacturer.
 
 
 
 

About core

Check Also

Libya Records Biggest Monthly Increase in Oil Supplies in Africa

Libya recorded the biggest monthly increase in oil production in Africa, surpassing Nigeria, the continent’s …

Leave a Reply

Your email address will not be published. Required fields are marked *