Iran Buying 47 New Tankers

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 Moreover, the company has also placed orders for 20 clean petroleum product (CPP) tankers, and 10 LNG carriers, each of 150,000 cubic metres capacity.  The NIOTC fleet now consists of 15 VLCCs at 300,000 dwt each, five 160,00 dwt Suezmax tankers, five 100,000 Aframax tankers and three 35,000 dwt Handymax tankers. All crude oil carriers are double hull tankers.  The National Iranian Oil Tanker Company (NIOTC) earns Iran about $1 bn per year, according to NIOTC officials.