A 30-year-old very large crude carrier (VLCC) has been pulled out of retirement by Iran and repurposed as floating storage, according to ship-tracking monitor TankerTrackers.
The supertanker, which last departed Iran in 2019, is among a wider group of vessels being used to manage crude supplies as storage pressures build.
TankerTrackers said Tehran still has at least 19 empty, functioning VLCCs in its waters and across the region, providing additional capacity to hold unsold oil offshore.
