Iranian oil tankers have no more obstacles traveling to any port around now that sanctions on the shipping lines have been totally lifted, the managing director of the National Iranian Tanker Company (NITC) has said.
Ali-Akbar Safaei has stated that NITC has been able to obtain the required certificates from international insurance agencies for its tankers to travel in international waters.
“Considering that the insurance problem has been removed, Iranian tankers are now internationally insured and can dock at all ports across the world,” Safaei added.
“Accordingly, all tankers that are under Iran’s ownership as well as any foreign tanker that enters Iran’s ports will not have any problem with regards to the issue of insurance”.
The official further added that the Iranian tankers can from now on take loads for European destinations.
He added that the remaining proceedings to obtain the most competitive insurance policies are underway and will be completed soon.
Iran owns the world’s largest oil transportation fleet consisting of 70 tankers that include 42 VLCCs (very large crude carriers), each able to carry 2 million barrels of oil.
Press Release – nioc