NITC meaning in Business ?

Answer:

What is National Iranian Tanker Company mean?

The National Iranian Tanker Company (NITC, Persian: شرکت ملی نفتکش ایران‎, Shirkat-e Mili-ye Nuftekâshi-ye Iran) is a subsidiary of the National Iranian Oil Company, which was privatized in 2009. As of 2011, NITC was owned by funds managing pensions for 5 million Iranians. It is the biggest tanker company in the Middle East. The company transports Iranian crude to export markets and also engages in cross-trading of crude oil cargoes for some 150 oil majors worldwide, including Royal Dutch Shell, Total SA, Saudi Aramco and state-run producers in Kuwait and Abu Dhabi. NITC has a capacity of 11 million tons per year.

reference

Full Form	Category
National Iranian Tanker Company	Business
National Inspection Testing Certification	Certifications
Nail In The Coffin	Computing
National Institute of Technology Calicut	Country Specific
NIT Calicut	General
Nationals Intensive Training Camp	General
Navistar International Transportation Company	General
National Institute for Transportation and Communities	Governmental
National Institutes of Technology Calicut	Indian Government Educational Institute
New International Trade Crossing	International
Nebraska Information Technology Commission	Technology
National Information Technology Center	Technology
National Information and Technology Center	Technology