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Oman talks with Iran on supertankers

Press TV -- An Omani official says his country is in talks with an Iranian company on securing a contract for some recently ordered supertankers.

Oman Shipping Company (OSC) is in discussions with the National Iranian Tanker Company (NITC) on securing a long-term charter contract for at least five of the recently ordered supertankers, OSC's chief financial officer Kuldeep Mathur told Reuters in a telephone interview.

"Yes, we are discussing the option with them, along with others, but we are not decided yet," Mathur said but did not give further details.

He added Oman's state-owned shipping company aims to spend up to $4 billion over the next three to four years to expand its fleet size.

The OSC is looking to grow its shipping fleet mainly to meet the demand for energy transportation, he noted.

"We are expanding the fleet with a view of the future demands for our export grade crudes and products."

... Payvand News - 03/24/08 ... --

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