Company type | Publicly traded limited company |
---|---|
Industry | Oil tanker shipping |
Founded | 1955 |
Headquarters | Tehran, Iran |
Key people | Alireza Ali-Ahmadi (CEO) |
Parent | National Iranian Oil Company |
The National Iranian Tanker Company (NITC, Persian: شرکت ملی نفتکش ایران, Sherkat-e Meli-ye Naftkesh-e Iran) is a subsidiary of the National Iranian Oil Company, which was privatized in 2009.[1] As of 2011, NITC was owned by funds managing pensions for 5 million Iranians.[2] It is the biggest tanker company in the Middle East.[1] The company transports Iranian crude oil to export markets and also engages in cross-trading of crude oil cargoes for some 150 oil majors worldwide, including Royal Dutch Shell, TotalEnergies, Saudi Aramco and state-run producers in Kuwait and Abu Dhabi.[2] NITC has a capacity of 11 million tons per year.[3]
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