Iraqi Bunker Company AISSOT Charters VLCC

by Ship & Bunker News Team
Monday October 9, 2017

Iraqi bunker and oil trading firm Al-Iraqia Shipping Services and Oil Trading (AISSOT) has chartered a very large crude carrier from a Greek shipping company.

The company in question is reported to be Capital Ship Management, according to maritime news provider Tanker Shipping and Trade.

AISSOT recently conducted its first bunker operation in Iraqi waters.

The joint venture company is to handle a range of oil activities, including trading and bunkering. According its website, the Dubai-based company is aiming to become "a leading marine fuel supplier in the Middleast region".