Argo-1

After a cargo ship suffered severe damage in the engine room in the Persian Gulf, the 'Argo 1' changed its course towards the position of the troubled ship near Lavan Island and assisted the ship. The tanker left the area and headed for the loading port after a rescue team from Lavan Island arrived at the scene. Report with photo: https://www.tehrantimes.com/news/474878/NITC-vessel-aids-damaged-cargo-ship

Iranian oil tankers, part of the fleet controlled by Tehran-based NITC Co., are proceeding to India to unload cargoes this month, according to AIS-Signals from the ships. he Aframax tanker Castor, which can hold 600,000 barrels, is signaling to arrive at the western port of Vadinar July 15. Three more very large crude carriers are en route to China and a fourth is anchored outside the Egyptian port of Ain Sukhna. Iran, under a European Union embargo on oil imports that began July 1, raised storage on tankers to as much as 42 million barrels by the end of May, according to the International Energy Agency. About 17 VLCCs and eight Suezmaxes belonging to NITC are storing crude at sea, which equates to about 60 percent of its fleet, the Paris-based adviser to industrialized countries said in a report today, citing unidentified shipbrokers. Source: Bloomberg