Iran currently has 19 VLCCs which are being used as floating oil deposits, but only about half of these supertankers are expected by brokers to be employed in the regular freight market.
This is because the vessels were built back in the 1990s and have been out of the freight market for a long time, reports analyst and broker agency Clarksons Platou in a comment Monday about the weekend's international deals with Iran regarding the country's nuclear program, which will lift the economic trade sanctions against the country.
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