SUBSCRIBERS

Tanker operators first to gain from Iran's re-entry

But maritime players say there will also be pickings for offshore marine sub-sectors in the longer term

Published Mon, Jan 18, 2016 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    MOST maritime players speaking to The Business Times harbour hopes that the lifting of sanctions against Iran could turn out to be a boon for the sector.

    Iran has taken the rap for the fresh slide in oil prices to under US$30 over the weekend, on fears that when the embargo on its oil exports and other trade sanctions are lifted, the market would be flooded with pent-up crude supplies.

    Copyright SPH Media. All rights reserved.