Iran Needs 34 New Oil Tankers

Thursday, April 20, 2000
Iran said its needs up to 34 new oil tankers to refurbish and expand its ageing fleet. Iran currently owns or has placed orders for a total of 36 tankers, said Mohammad Souri, head of the state-owned National Iranian Tanker Company (NITC). "After taking delivery of our new tankers, the total number of our tankers will reach 36. To transfer all our export crude with our own ships, we will need to have 60 to 70," he said. Souri said Iran had placed orders for 10 new tankers from China and South Korea to double its fleet's capacity to six million tons. He did not name the shipbuilders involved. Iran plans to order up to eight liquefied natural gas (LNG) tankers when production begins at its South Pars field in the Gulf, he said. Officials have said production from the main early phases of the field would begin by September 2001. Souri said his company had also contracted local shipbuilder Sadra-Neka to build eight 60,000-ton tankers and five other vessels in a deal worth $260 million. The ships, to be built with foreign help, will be used to carry Caspian Sea crude. Souri said the new ships would be needed when a pipeline to carry crude from Iran's Caspian port of Neka to the capital Tehran is completed by the end of 2002. Iran last month signed a $103 million deal with Chinese and Swiss companies to build the pipeline that it plans to use in oil swap deals with Azerbaijan, Turkmenistan and Kazakhstan. Souri implied that his company was reluctant about the deal with the Iranian shipbuilder, suggesting that the contract was influenced by recent government regulations aimed at protecting the local industry. "Iran's shipbuilding capability is limited and (our) ships are not up to international standards. This will create problems for our activities," he said. Iran is the second largest oil producer within the Organization of Petroleum Exporting Countries. The country has the world's biggest natural gas reserves after Russia.

Maritime Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Euroseas Sells C/V Marinos

Euroseas Ltd.  an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes,

New Appointments at Becker Marine Systems USA

Becker Marine Systems USA continues growth in North America. Becker Marine Systems, the leader in rudder technology and the inventor of the Becker Mewis Duct

DP World, SCA Pact for Ain Sokhna Port Development

Suez Canal Authority (SCA) and the Red Sea Ports Authority signed an agreement with Dubai Ports World (DP World) and Sonker Bunkering Company for the development of Egypt’s Ain Sokhna seaport,

Bulk Carrier Trends

Euroseas Sells C/V Marinos

Euroseas Ltd.  an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes,

Evoqua, Drew Marine Ink BWMS Deal

Evoqua Water Technologies and maritime solutions and logistics expert, Drew Marine, have announced a partnership to provide a full compliance package for ballast water management.

Need to Monitory Coal from Indonesia - UK P&I

There are various hazards associated with the trade in coal. UK P&I Club’s Loss Prevention Team highlights the risks involved, and advises on the relevant actions

Maritime Careers / Shipboard Positions Maritime Standards Navigation Offshore Oil Port Authority Salvage Ship Electronics Ship Repair Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0887 sec (11 req/sec)