Tehran, September 17: Iran Marine Industrial Co. (Sadra) has begun manufacturing four 113,000-metric-ton Aframax oil tankers for Venezuela.
Sadra managing director Habib Jadidi said the oil tankers would be built based on a 2007 deal between Iran and Venezuela.
Aframax ships are oil tankers smaller than 120,000 metric tons deadweight (DWT) with a breadth of above 32.31 meters.
Tehran and Caracas had previously signed an array of agreements, pledging to work together in the oil industry, building low-income housing and assembling tractors and bicycles as well as military projects among other ventures.
—–Agencies