Bloomberg News

Six Iranian Oil Tankers Seen Storing at Sea, ICAP Says

March 30, 2012

Six Iranian supertankers are storing oil at sea, according to ship-tracking data compiled by ICAP Shipping International Ltd.

Four very large crude carriers owned by NITC Co. are being used for short-term storage and another two for long-term storage, Simon Newman, head of tanker research at London-based shipbroker ICAP, said in an e-mail today. Four of NITC’s supertankers are on voyages, down from six last week, he said.

To contact the reporter on this story: Isaac Arnsdorf in London at

To contact the editor responsible for this story: Alaric Nightingale at

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