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

Contracts

Zamakona, Finnish GS-Hydro Ink Deal

The presentation ceremony of the Finnish multinational leader in water services GS-Hydro, new partner of Zamakona Yards in Canarias was held yesterday (January 29th at 7 p.

PHA Budgets $ 275 mi for Capital Improvements

In 2015, the Port of Houston Authority has budgeted $275 million for various capital improvement projects. About $184 million is being allocated to its container

Imabari to Build 20,000TEU Containerships

Imabari Shipbuilding Co., Ltd. announced it has secured newbuild orders with the cooperation of Marubeni Corporation for 11 units of 20,000TEU Ultra-Large Container Carriers,

Bulk Carrier Trends

Baltic Sea Freight Index Falls to Lowest Level Since 1986

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, spiralled downwards to its lowest level in nearly three

Pacifica Rolls Out New Container Vessel

Pacifica Shipping, New Zealand's coastal shipping company, is launching a new container vessel from March replacing a smaller vessel whose charter has ended, reports The Stuff.

Shipping Pollution Will Skyrocket -Study

International freight volumes will grow fourfold by 2050 while the average length of haul will increase by 12 percent over that time, trends that will cause a spike

 
 
Maritime Security Maritime Standards Naval Architecture Offshore Oil Pipelines Port Authority Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1132 sec (9 req/sec)