Iran’s IOOC Hires 39 Vessels

Thursday, August 24, 2006
The rental contract for 39 tugboats and vessels to speed up projects at Iranian Offshore Oil Company (IOOC) has already been signed and the proposal to get three more is still under study, company’s manager said.

All the vessels All the vessels are hired for five years with total average fee of $40m per annum, he said in conclusion. Source MNA

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