VOL. XXXIII

NO. 22

5-MARCH-1990

Iran

Iran Orders Tankers from Korea

The National Iranian Tanker Company has signed a letter of intent with DaewooShipbuilding of Korea for the construction of four crude carriers worth$330mn, according to Korean Energy and Resources Minister Lee Bong-Suh. Mr. Lee,speaking in Seoul on 23 February after returning from a meeting of theKorea-Iran Joint Economic Commission in Tehran, said that the two countrieshad also agreed in principle on the construction by Daewoo...