Iran Oil Tanker Signals for Daesan as Korea Continues Importing
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An Iranian supertanker is sailing for South Korea’s Daesan port, indicating the Asian country will probably continue to import oil from the Islamic nation after stopping in August and September.
The Motion, a very large crude carrier that can carry 2 million barrels, left the Persian Gulf port of Kharg Island yesterday and is signaling for Daesan on South Korea’s west coast, according to transmissions captured by IHS Inc. on Bloomberg. National Iranian Tanker Co. owns the vessel. Hyundai Oilbank Co. operates a 395,000 barrel-a-day refinery in Daesan.