national iranian tanker company fleet list

. As the Grace 1, the tanker was originally flagged as a Panamanian vessel; it was seized by Gibraltar on July 4. Countries that offer so-called flags of convenience typically have lax shipping regulations conducive to smuggling operations. November 8, 2021 - 14:26. The system was designed to avoid collisions and aid in search-and-rescue operations. The tankerdeliveredoil to the Assad regime at least three times between March 2012 and April 2013, according to theU.N. report. NITC officials also arranged to create a separate UAE-based front company, Atlantic Ship Management Company, ostensibly as an entity to replace Atlas Ship Management; In May 2018, when the Trump administration re-imposed unilateral sanctions against Iran after the complete withdrawal from the JCPOA, China started to shift its petroleum cargo to ships owned by the NITC to maintain or even increase imports from Iran; It was not immediately clear, which entities would provide insurance for those shipments worth $1.5 billion a month. As of January 2011, NITC has 46 tankers with an annual capacity of 10.6 million tons to be increase to 12.5 million tons by the end of the year. In July 2012, Iran changed the vessels name to the Neptune to conceal its identity as an Iranian vessel and make finding a buyer easier. There is not a single company in the world to own so many VLCCs, commented Nasrollah Sardashti, commercial director for NITC. Saheb Sadeghi, the NITC head of public relations, said that the missiles were possibly fired from Saudi territory. The NITC expanded its operations to keep up with Irans increasing oil exports. Jun 23 2020 (May 7, 2020) - Iran has shuffled the web of companies that own its oil tankers in recent months, forming five new firms in Belize while it shut down over a dozen front companies in the Carribean nation. View original page. June 9 The U.N. Security Council adopted Resolution 1929 which tightened proliferation-related sanctions on Iran. Iran was forced to relist ships under its own flag, which in turn led foreign companies to be less willing to accept deliveries. The state-owned enterprise says it has ordered 16 other oil tankers that will join its current fleet of 45 carriers by 2011. NITC Has Biggest Supertanker Fleet In The World. *H@TW].R; TaHVma-v0La-6ub_z57{b.Zh9p@ #``d0`@}\8+a>3gi>>_zi\s%H Xu&@}}{l4zLb5"dm`& zCas12k (2BiH{^t6aG662Yl7j/raW{K?zNXT&`lbQPH@:RF @g`+JCh=Dw\.95949.UT&)4@c(6y_mf{) O0!Pvve/RqaN4i{Wl>fr)^y]x#'VqsFje=X4 0sN>+ Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations. The NITC began operations in 1955 with one 35,000-ton tanker. The privatization was purportedly a fictional scheme to shield NITC from sanctions. May 8 President Trumpannouncedthe U.S. withdrawal from the 2015 nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), and reimposition of sanctions on Iran. Entities affiliated with Designated / Sanctioned / Illicit entities. Meanwhile, the United States announced on Thursday new sanctions on the IRGC "for its involvement in the wrongful detention of at least one U.S. national abroad," according to the State Department. Traditional customers, such as South Korea, halted purchases of Iranian crude. It is essential to close off this funding stream to Tehran; The Iranian shipping industry is reviving previously employed deceptive practices in an effort to obfuscate IRISL or NITCs interests in vessels and other property. As of early 2020, the Qatirji Groups Zanganeh continued to work closely with the IRGC-QF to coordinate NIOCs provision of millions of barrels of oil and petroleum products to be shipped to Syria, as well as millions of dollars in payments back to Iran. The NITC owned 66 total oil tankers. The falsified signals disguised the identity of the Millionaire as a Syrian-owned ship, the Lady Rasha. [10], In 2009, in a move aimed at further enhancing Iran's shipbuilding industry, President Mahmoud Ahmadinejad said he will ban the purchase of foreign ships by Iranian organizations. NEW DELHI/SINGAPORE (Reuters) - Iran plans to list its national tanker company to raise badly needed cash to upgrade its massive fleet and replace older vessels, as the middle east. Another satellite signal showed the tanker sailing though the Indian Ocean to sell its cargo in East Asia before returning to Iran. The United States militarywhich is a frequent target of IRGC harassment and confrontation in the Persian Gulf regionis reportedly monitoring the situation via its fifth fleet. If Iran is willing to risk confrontation with Beijing, it also may not hesitate to restart conflict with Riyadh. It also owns three chemical vessels and a liquefied petroleum gas (LPG) carrier. On September 8, Irans foreign ministry announced that it had finally sold the tankers oil but did not name the buyer. Iran has in its possession 42 very large crude carriers ( VLCCs) with each caving a carrying capacity of 2 million oil barrels, according to the National Iranian Tanker Company (NITC). But the years of sanctions mean that Iran needs cash to modernize 20 large tankers within the next 2-3 years in what would be one of the biggest shipping orders of the past years, worth up to $1.5 billion based on average prices for new tankers. Financial Data. In November 2019, Brian Hook, the U.S. Special Representative for Iran, described Tehrans ageing tanker fleet as a floating liability. U.S. sanctions crippled its ability to buy new ships. NITC has a capacity of 11 million tons per year. Iranian company to build 113,000-ton oil tanker for NITC | Hellenic Shipping News Worldwide Got it This website uses cookies to ensure you get the best experience on our website. Meet the Green Energy Group Behind the Study That's Driving Calls To Ban Gas Stoves. It has disguised its shipsby renaming them while at sea, reflagging them under other countries, and changing the unique identification codesto evade international tracking systems. TEHRAN The Head of National Iranian Tanker Company (NITC) said that free trade is Irans right and no power can intervene in the country's exports and imports, IRNA reported on Tuesday. We sort entities who are connected with terrorist activities, in two sections, first by risk and second by geolocation. Get the latest online operator and fleet vessel safety risk warnings with easy to use red, amber and green safety warning. "Two members of the boat's crew are missing and several were injured due to the collision of the ship with the boat," an Iranian army statement said. In 1987, at the peak of the so-called Tanker War between Iran and Iraq, Tehran had a total fleet of 17 tankers. endstream endobj startxref 0wLE/{es"VjZ15I]U|{"Tu UUT.XEJ[>K= E!$\Sov^3yeBv5x?&xnx}3q=% 5w The following countries have committed to work alongside or collaborate with the U.S.-led maritime mission: Australia, Bahrain, Britain, Israel, Saudi Arabia, and the United Arab Emirates. The Millionaire changed its MMSIa code that provides information on a ships identity and positionto match the Lady Rashas number. Zhuhai Zhenrong Corp. and Sinopec Group have activated a business clause in their long term supply agreement with NIOC, and likely Iran will cover all the costs and risks, including insurance, for the delivery of the crude; Additionally, pursuant to E.O. FACT CHECK: Is Tom Brady's New Girlfriend Jewish? Dynamic search and list-building capabilities. TEHRAN - Hojjatollah Abdolmaleki, the minister of cooperatives, labor, and social welfare, has praised the performance of the National Iranian Tanker Company (NITC) during a visit to the 26th International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2022). [11], that yahoo news itam doen'st exist anymore, Learn how and when to remove this template message, International rankings of Iran in Transport, "Iran Daily - Domestic Economy - 04/20/09", "Iran's NITC to be World's Third Biggest Tanker Company by 2013", "Gulf times- Qatar's top-selling English daily newspaper - Homepage", , "Trade Intelligence,Gain valuable business insights from our searchable database of thousands of articles and reports", https://news.yahoo.com/iran-works-foil-insurance-embargo-oil-181050063.html;_ylt=A2KJjalte_tPUHcA9xzQtDMD, http://www.iran-daily.com/1388/3380/html/economy.htm, http://www.iran-daily.com/1388/3479/html/economy.htm, "China DEFIES Trump to buy nearly ALL oil imports from Iran despite sanctions", Iran Oil Tankers Said by Zanzibar to Signal Wrong Flag, https://en.wikipedia.org/w/index.php?title=National_Iranian_Tanker_Company&oldid=1115147193. It was originally run by the state under both the monarchy and the theocracy. In September 2019, Iran changed the names of three supertankers smuggling Iranian oil to China. Not all of the Iran-flagged vessels have been switched to the direct ownership of the NITC. Since 1995, Iran has faced three periods of sanctions on its petroleum industry: First round: In 1995, the United States banned all American involvement with petroleum development in Iran. Iran's Tankers and Its Smuggling Tactics | The Iran Primer TEHRAN Head of National Iranian Tanker Company (NITC) has said the amount of oil and petroleum products transported by the companys fleet has doubled over the past seven months, Mehr News Agency reported. [2] Over the next two decades, Iran would need 500 new ships, including 120 oil tankers, 40 liquefied natural gas (LNG) carriers and over 300 commercial vessels. Our Standards: The Thomson Reuters Trust Principles. ?@v?ll_uMeph>2uE}C&6k]Dh>,s`zKOn/9`CA(O*T*e"\F@@ 2)1MR("#P>CCn?~2"+"KtJI`y7s A@Us,X f( |&N(4Y0>$&+4&ZC~u5&8r!ROIlz}4NdTzTTZkX6|C#l)Vda|I_ 0Ciz-gO!~ Irans seizure of a Chinese-owned oil tanker in the Gulf of Oman on Thursday signals that even Tehrans closest allies are subject to its malign behavior, experts told the Washington Free Beacon. Each country is responsible for the activities of the ships flying its flag and must ensure they abide by international maritime law. NIOC and NITC provide both the oil and tankers for the sale of Iranian oil by the IRGC-QF. This page was last updated at 2023-04-18 08:32 UTC. Irans talks with South Korea about the purchase of 10 new supertankers were delayed by U.S. sanctions. But the sanctions had limited short-term effect on Irans economy. BlackList is a list of all companies, organizations and figures who originate from Iran. NITC's revenues during the last Iranian year (ended March 20, 2009) reached $1.5 billion. National Iranian Tanker Co; See All See Less Related Places Dubai; See All . The Europeans, China and Russiathe other partners to the dealcontinued to honor its terms. Between May and August 2019, at least six Iranian ships turned off their A.I.S. The tactic was used to confuse tracking systems and conceal the vessels destination. Currently, NITC's web site lists a fleet of 39 tankers, which it uses to carry Iranian oil, and also charters out on the international market. Britain, France and Germany moved to salvage the accord. It targeted companies conducting business with Irans national oil company and tanker fleet, such as insurers and shippers. In all six cases, the Iranian tanker left the Eastern Mediterranean riding lighter, which indicated that the ship had unloaded its cargo. If mathematical, chemical, physical and other formulas are not displayed correctly on this page, please useFirefox or Safari, International rankings of Iran in Transport, South Pars/North Dome Gas-Condensate field, National Iranian Oil Refining and Distribution Company, DESA - Iran Heavy Diesel Manufacturing Company, Creative Commons Attribution-ShareAlike License. When Washington blocked one route Iran used to export oil, Tehran found another. Each year, these vessels move tens of millions of barrels worth of Iranian oil, as well as Iranian natural gas, which constitute a major source of revenue to fund the Iranian regimes malign activities, the US said in a press release. Following the purchase of one of the biggest crane vessels in the world for the purposes of installing giant oil and gas offshore rigs in the vicinity of the Persian Gulf along with the biggest floating oil storage unit (FSU) back in February, Iran has now successfully equipped itself with one of the worlds most advanced and innovative oil tanker vessels. Yards in China that could participate include Dalian Shipbuilding and Shanghai Waigaoqiao Shipbuilding. Iran also regained access to the international financial system, repatriated billions of dollars in frozen assets abroad, and returned to the oil market. Aug. 1 The U.S. Congress passed The Iran Sanctions, Accountability, and Human Rights Act. As of 2015, Iran has 42 very large crude carriers or. 650 people attended the anniversary, 350 from Iran and 300 from overseas. ! D>+` According to various reports, the Iran-based shipping companys primary rivals like Japans Nippon Yusen Kaisha, Mitsui O.S.K. As a result, Tehran increasingly relied on its national fleet. All Content by Mehr News Agency is licensed under a Creative Commons Attribution 4.0 International License. Reflagging tankers allowed Tehran plausible deniability for smuggling oil and breaking sanctions under the cover of foreign flags. @B$A, $X JX3h=2 .! In April, Oxygen Shipping Limited in Belize acquired the Herby tanker, the most recent change of ownership involving the 78 oil tankers that are flagged to Iran, according to maritime data reviewed by Levant Networks for Akhbar Alaan. In 2008, NITC transferred 103 million tons of petroleum products abroad. TEHRAN- Iranian Merchant Mariners Syndicate (IMMS) appreciated the efforts made by the National Iranian Tanker Company and honored the companys Managing Director Hossein Shiva for making constructive changes and removing many human resources problems in this company. Get the latest business insights from Dun & Bradstreet. The Treasury Department is also identifying today the National Iranian Tanker Company (NITC) as a Government of Iran entity and, for the first time, the NITC fleet and various front companies belonging to NITC, Treasury said in a press release. [2] NITC has a capacity of 11 million tons per year. [7] As at 2012, NITC with 40 tankers of 100,000 to 300,000 tons, does not have the long-distance capacity for more than 2 million barrels (300,000 tons) a day in exports. Send . Ownership of the NITC has been murky. London claimed it would coordinate with the United States Operation Sentinel campaign but launched its own initiative to include European countries that would not contribute to a U.S.-led force. Souri commented that the National Iranian Tanker Company has purchased five ships while the others were bought within the private sector. Under international maritime law, merchant ships must be registered with a country. The large percentage of tankers devoted to storage reduced Irans export capacity. In 2018, OFAC designated Syrian regime-affiliated Qatirji Group for facilitating fuel trades between the Syrian regime and the Islamic State of Iraq and al Sham (ISIS), including providing oil products to ISIS-controlled territory. National Iranian Tanker Company (Nitc) - risk rated by IMRRA Iranpurchased12additionalsupertankers fromChineseshipyards,whichexpanded its fleet from 39 to 51 tankers. [3], As at 2010, the company operated 28 Very Large Crude Carriers (VLCC), nine Suezmax and five Aframax tankers. All our content comes from Wikipedia and under the Creative Commons Attribution-ShareAlike License. In 2012, Iran purchased 12 additional supertankers from Chinese shipyards, which expanded its fleet from 39 to 51 tankers. TEHRAN - Hossein Shiva, the new managing director of the National Iranian Tanker Company (NITC), has said the company will take special measures to resolve the problems of the sailors and the companys personnel and to improve their livelihood. By 1974, the fleet included four tankers. Nasrollah Sardashti, the commercial director of the National Iranian Tanker Company (NITC), said his company was in talks with all leading insurance and classification firms, including Lloyds, DNV GL and Bureau Veritas. : #NITC pic.twitter.com/R83xRqAq7i. By 2019, Iran had 54 tankers, including 38 very large crude carriers, or VLCCs, and eight Suezmaxes, according to Lloyds List Intelligence. TEHRAN - Hossein Shiva, who was appointed as the new head of the National Iranian Tanker Company (NITC) recently, has outlined the major programs, goals, and priorities of the company during his tenure. NITC will operate 50 VLCCs at that time, up from 28 in 2010. Find company research, competitor information, contact details & financial data for SANSONE of TOURCOING, HAUTS DE FRANCE. In the managed fleet are 10 VLCCs, seven Suezmaxes, 18 Aframaxes, two LR1s, 16 Iran has relied on a series of front companies, dozens of them registered in Belize, for tankers under its control. In 2007, Tehranreflaggedthe tankerfrom Iranto Malta; it alsochangedthe tankersnamefrom the Tourto the ISIM Tourtopreemptivelyavoid U.S. sanctions. TEHRAN Hossein Shiva, who was appointed as the new head of the National Iranian Tanker Company (NITC) recently, has outlined the major programs, goals, and priorities of the company during his tenure. The war made it difficult for Iran to transport oil cheaply because of increased insurance rates on Iranian cargo. BlackList is a list of all companies, organizations and figures who originate from Iran. National Iranian Tanker Company has taken delivery of its newly built VLCC from China s Shanghai Waigaoqiao Shipyard and the vessel is currently sailing toward Singapore, sources said Thursday. The following are documented cases of Iranian ships engaged in oil smuggling operations. IRGC Its fleet comprises 115 ocean-going vessels with a total capacity of 3.3 million tons deadweight (DWT), with 87 being ocean-going vessels owned by IRISL and the remaining 28 ships being owned under the flags of subsidiary companies, including Khazar Shipping, Valfajr and Iran-India Shipping.

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