IRAN

 

India Imports First State-Insured Iranian Oil Cargo

Kowshik Kuchroo, president of Indian shipping company Mercator, announced on 14 August that the company’s MT Omvati Prem, an 85,000 tons capacity tanker, arrived in Iran to lift India’s first post-EU sanctions crude oil cargo. The vessel was expected to deliver the cargo to India’s Mangalore refinery. The shipment was facilitated by state-owned New India Assurance Company, which has...