Economics
Greek Tanker Owner Asked About Iran Oil as Europe Awaits Influx
- Iran's oil trade dominated by its own fleet, Asian owners
- Sanctions that barred Europe's owners have now been lifted
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A Greek oil-tanker owner was 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 Cia. Espanola de Petroleos SAU both have Iranian cargoes for which they will need vessels next month for westbound shipment. Almost all Iran’s crude was sent to Asia since sanctions against the country escalated in 2012. Many of the measures were stopped this month.