IRAN 

NITC To Receive First Of 12 Chinese-Built VLCCs

National Iranian Tanker Company (NITC) Managing Director Mahmoud Zirakchianzadeh announced on 16 April that “within the next few days” Iran would receive the first of 12 very large crude carriers (VLCCs) it has commissioned from two Chinese shipbuilders. Mr Zirakchianzadeh said that the first tanker is a floating storage and offloading vessel that will expand NITC’s ability to withstand international pressures on...