TEHRAN – Concurrent with the launching of its first domestically made ocean-going ship, the nation is also planning to soon seaborne two 35,000-ton oil tankers being assembled in this major Persian Gulf country, noted a provincial official in Hormozgan Province.

“Only 10 percent of the parts used in Iran’s first ocean-going ship, Iran-Arak has been supplied from Iran, in the case of the two oil tankers however, the figure has been raised to 20 percent”, Hossein Hassanvand said on Tuesday.

About $8m has been invested in the building of the two tankers, commented Salman Zardi, an official at Fara Sahel Shipbuilding Co.

Some 50 percent of the parts used in the oil tankers have been supplied by foreign part producing companies he also stated adding, it was estimated that about $40m would be needed to be invested in manufacturing each one of the vessels.