Middle EastTankers

National Iranian Tanker Company eyes 25 tankers

National Iranian Tanker Company (NITC) is ready to return to the international market as soon as the sanctions against the country are lifted, and the company is planning to acquire more vessels to optimize the fleet, Ali-Akbar Safaei, managing director of NITC, said in a press conference yesterday.

Accoding to Safaei, sanctions on the company will be lifted in the first stage of implementing the Joint Comprehensive Plan of Action (JCPOA).

“Removal of the sanctions will create a very good condition for the Iranian shipping fleet to develop in the post-sanctions time,” Safaei said, adding that the company is looking to buy or build up to 25 modern tankers to optimize the fleet.

“As the largest tanker company in the world and by enjoying over $3.5bn of capital as well as good experience and global reputation, we could be a reliable partner for the large foreign companies active in the fields of LNG, FLNG, and FPSO. We have already negotiated with a number of companies from France, Belgium and Germany in these fields,” he said.


Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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