VOL. XXXIV

NO. 51

23-SEPTEMBER-1991

Iran

NITC Makes Partial Settlement with Norwegian Shippers Bergesen

The Norwegian shipowning company Bergesenannounced on 16 September that the National Iranian Tanker Company (NITC) hadmade two payments to it worth about $14mn for outstanding crude oil tankercharter hire charges, following legal steps taken by the Norwegian firm torecover $24.5mn owed to it by NITC since May. The payments leave around $10mnstill outstanding. Bergesen's Deputy General Manager,...