BUSINESS

Greek tanker owner approached about transporting Iran oil

TAGS: Business, Shipping, Energy

A Greek oil-tanker owner has been asked about transporting Iranian crude, a shipment that’s only just become permissible following an easing of sanctions that hit the Persian Gulf country four years ago.

Dynacom Tankers Management Ltd, based in the Athens suburb of Glyfada, has been approached to haul the Persian nation’s crude, said chartering manager Odysseus Valatsas, declining to elaborate.

Shipbroker reports compiled by Bloomberg show that Litasco SA and Compania Espanola de Petroleos SAU both have Iranian cargoes for which they will need vessels next month for westbound shipment.

Almost all Iran’s crude has been sent to Asia since sanctions against the country escalated in 2012.

Many of the measures were stopped this month.

[Bloomberg]

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