Iran is
thought to be seeking $2.5 bill investment to modernise its tanker
fleet, following the lifting of sanctions against Tehran, NITC managing
director was quoted as saying by state news agency IRNA last Saturday.
Reuters reported last month that two Chinese companies were negotiating
multi-billion dollar deals with Iran to modernise its shipping fleet
and build a high-speed railway.
“To expand Iran’s oil tanker activities, $2.5 bill will be invested in
it,” Ali Akbar Safaei, NITC managing director reportedly said.
NITC has around 70 tankers but many of them are ageing and require
updated insurance, testing, inspection and certification/classification,
to be able to trade internationally again.
Safaei was reported as saying that NITC was the first Iranian company
that has managed to charter its ships to overseas interests, after the
lifting of sanctions - source Reuters.
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