Iranian Tankers to Resume Shipping Oil to Europe Next Month: Official

By Curious

The commercial director of the National Iranian Tanker Company (NITC) said that the company’s fleet will return to European ports next month after a hiatus of five years.

The NITC, which has one of the largest fleets of oil tankers in the world, is in talks with credible international associations of classification societies to keep up with the standard level of classification design so that it can reclaim its previous position in the European market, Nasrollah Sardashti said.

Iranian Tankers to Resume Shipping Oil to Europe Next Month: Official

He added that the company, despite challenges, has managed to keep to the highest level of global standards through providing repairs and maintenance for its tankers.

Referring to the removal of anti-Tehran sanctions following a lasting nuclear deal between Iran and world powers, the commercial director of NITC said Iranian oil tankers can now resume their activities in Europe after nearly five year.

Iran and the Group 5+1 (Russia, China, the US, Britain, France and Germany) on July 14, 2015 reached a conclusion over the text of a comprehensive 159-page deal on Tehran’s nuclear program and started implementing it on January 16.

The comprehensive nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), terminated all nuclear-related sanctions imposed on Iran.

Source: Tasnim News Agency