The United States, European Union, and United Nations lifted or suspended certain sanctions. NITC recently made an announcement that its navy currently has a total of 42 super-tanker vessels with VLCCs. The cooperation and coordination between the IRGC-QF and these entities extends well beyond the simple sale of oil, including coordination between NIOC and the Central Bank of Iran to facilitate the collection of tens of millions of dollars in proceeds from the sale of oil that benefitted the IRGC-QF. As of 2011, NITC was owned by funds managing pensions for 5 million Iranians. [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. : #NITC pic.twitter.com/R83xRqAq7i. It also owns three chemical vessels and a liquefied petroleum gas (LPG) carrier. The law also imposed sanctions on foreign banks conducting business with Iran. WE NOW HAVE VISUAL CONFIRMATION 25). Each country is responsible for the activities of the ships flying its flag and must ensure they abide by international maritime law. ;.v;Jpf:fNpLhtCPe0 The National Iranian Tanker Company (NITC) transports Iranian crude exports on behalf of the National Iranian Oil Company. In all six cases, the Iranian tanker left the Eastern Mediterranean riding lighter, which indicated that the ship had unloaded its cargo. Iran was forced to relist ships under its own flag, which in turn led foreign companies to be less willing to accept deliveries. Iran has one of the worlds biggest tanker fleets, but many of the ships are ageing and require valid insurance, testing, inspection and certification, known as ship classification, to be able to ply international waters again. 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. Iran NITC takes delivery of new VLCC from China, vessel heads for Iran's tanker fleet goes off grid post-sanctions ?oDB=XLlEK4 A`"5SL#j. [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. A further 10 were built in 2000. Each tanker reemerged with a change in draft, the measurement of a ships depth in the water. But Western officials claimed that the company was still tied to the regime. The company has purchased 20 oil tanker vessels from China over the course of the past two and a half years. 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. By 1974, the fleet included four tankers. Third round: In November 2018, the Trump administration re-imposed sanctions six months after withdrawing from the 2015 nuclear deal. In 2008, NITC transferred 103 million tons of petroleum products abroad. The tanker was anchored off the coast of Bandar Abbas and served as a storage facility for hundreds of thousands of barrels of Iranian crude in the Persian Gulf. [2] It is the biggest tanker company in the Middle East. Aug. 5 - The U.S. Congress passed the Iran-Libya Sanctions Act to deter foreign investment in Irans energy sector. withdrawal date. )3`EV9Op4`^@&$,{R6@?+8~-G?N{HJ-II"oCIYIPqAVn/qWc.%PT~pS![t'ekUE4tvwz*B&Q_i%`z' y s_%Cn/)yQr*iY*9!/%t}Htqqc}?lf` zmi;[xv cc5]KxY&6[Pdt\{-78OmodvLZv[h2w; 9]9q~= j oh!J~`6RKg5la{z4K|{[N}s'xxZnF$7P'QE~]^syZ8}8zV)"Sp/q Countries that offer so-called flags of convenience typically have lax shipping regulations conducive to smuggling operations. Irans talks with South Korea about the purchase of 10 new supertankers were delayed by U.S. sanctions. Current prices for a new VLCC is $93-$94 million, according to shipping broker Clarkson. 13599 for meeting the definition of the term Government of Iran.; Iranian oil shipment through The Suez canal provides a route for oil from Iran to Syria U.S. imposes sanctions on Irans petrochemical industry Greece and Iran: The Dark Side of the Relationship Report Announces Determination that the National Iranian Oil Company is an Agent or Affiliate of Irans Islamic Revolutionary Guard Corps; Treasury Targets Iranian Attempts to Evade Sanctions; Individuals and entities linked to National Iranian Tanker Company Listed by the European Union in October 2012 as an entity linked to Irans proliferation-sensitive nuclear activities or Irans development of nuclear weapon delivery systems; Effectively controlled by the Government of Iran. We sort entities who are connected with terrorist activities, in two sections, first by risk and second by geolocation. The cargo, disguised as non-Iranian, was then sold to buyers. Currently, NITC's web site lists a fleet of 39 tankers, which it uses to carry Iranian oil, and also charters out on the international market. [3], As at 2010, the company operated 28 Very Large Crude Carriers (VLCC), nine Suezmax and five Aframax tankers. ,VncwJlCB P4WJz'(N9I'"rP$!0L8(YeeLJ*@SMeiA0("m:@qZ;M%Q3HJC#CBi3dax b'0=(@ B Find company research, competitor information, contact details & financial data for SANSONE of TOURCOING, HAUTS DE FRANCE. Its services include shipping refined petrochemicals, transporting crude oil, rescuing lives at large oceans and sea, training oil spill task forces, and training services; NITC is a subsidiary of the National Iranian Oil Company, which was privatized in 2009. [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. @B$A, $X JX3h=2 .! Panamanian corporate documents reveal that these firms are all run by Iranians with addresses in Tehran. Since 2018, Tehran has been dependent on its large fleet to export oil as international tanker companies cut back on transporting its petroleum products due to the difficulty in getting insurance to carry Iranian cargo. , a tanker owned by the National Iranian Tanker Company, Saheb Sadeghi, the NITC head of public relations, said that the missiles were possibly fired from Saudi territory. when traveling international routes. IvgDY,m>,vHeYe:2C,A* {6z3=Lt L15eS-umePE 1xa7PmC*'w]\t%YF'=@Ko~wQe+#9^ ]N'H/+?v{CQiGeDS()4seR~+w^M[-hy\]xeM:/tHfY8%N}WVRrdIDXq6"1yFYZ]6.1G&Jc`x=ERK{OtHoN-3: Jan. 28, 2016 TEHRAN Until 2012, the leaders of the National Iranian Tanker Company relished their work, playing cat and mouse with the Western authorities as they tried to keep a portion. "Irans actions are contrary to international law and disruptive to regional security and stability. endstream endobj 124 0 obj <> endobj 125 0 obj <> endobj 126 0 obj <>stream Before sanctions, Tehran leased idle vessels to major oil companies. Iran pumps about 4mn barrels per day to world markets, with roughly 60% bound for Asia and the remaining headed to Europe (2008). ", "The working hypothesis at the moment is that it could either be an arbitrary detention of a vessel by Iran in response to the U.S. sailing its first unmanned vessel through the region last weekas a show of force," he said. Writing by Henning Gloystein; Editing by Ed Davies. Irans total shipping capacity increased from 61.5 million barrels to 85.5 million barrels. Entities affiliated with Designated / Sanctioned / Illicit entities. TEHRAN Hossein Shiva has been appointed as the new managing director of the National Iranian Tanker Company (NITC), the companys Public Relations Department announced. NITC's revenues during the last Iranian year (ended March 20, 2009) reached $1.5 billion. TheSabitiwas reportedly60 miles from the Saudi port of Jeddah when it was hit. But. 2,782 likes. Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD. Iran programmed the tankers GPS system to send incorrect satellite signals that confused global tracking systems. Visits Total: 19190051 . Smuggling in Persia goes back to ancient times, but the Islamic Republic has become increasingly adept at illicit trafficking in oil since the United States re-imposed economic sanctions in November 2018. GrayList is a list of all companies, organizations and figures out of Iranian borders, and doing business with Iran. Beyond a potential listing, Sardashti said that he hoped NITC would receive 70-80 percent international financing for fleet modernization either from European or Asian lenders. It's gross tonnage is 164241 tons. @` (by declining order), Designated / Sanctioned / Illicit entities. Irans fleet totaled at least 54 tankers, including 38 VLCCs and eight Suezmaxes, according to Lloyds List Intelligence. TOP 30 TANKER COMPANIES The managed fleet list shows 55 vessels, although charters increase that figure considerably. Between 1984 and 1988, a total of 451 ships were hit in the Gulf. 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. These states maintain an open registry, which allows ship owners to register vessels without ties to the country. Iranpurchased12additionalsupertankers fromChineseshipyards,whichexpanded its fleet from 39 to 51 tankers. 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. By adding these ships, LPG shipment capacity has increased and export and maritime transportation constraints have been reduced to an excellent minimum, he further added. "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. Valuable research and technology reports. But Iran could still face legal uncertainties. Jewish Students Reported a Professor for Anti-Semitism. The war made it difficult for Iran to transport oil cheaply because of increased insurance rates on Iranian cargo. 51 percent of the revenues came from Europe, 26 percent from Asia, 15 percent from Africa and 8 percent from other parts of the world, including Canada, Venezuela and Latin America. The imprisoned ship is registered to Chinas Puyin Financial Leasing Company Limited, which is based in Shanghai, according to Lloyds. Although all the tankers are double hull and comply with international regulations, they are getting old as the life of a trading VLCC is 15-17 years. In August 1996, U.S. Congress passed the Iran-Libya Sanctions Act that imposed tough penalties on companies found investing more than $20 million a year in Irans oil and gas industry. 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 country prepares for an aggressive return to the global oil market. , Another satellite signal showed the tanker sailing though the Indian Ocean to sell its cargo in East Asia before returning to Iran. The U.S. and British initiatives followed attacks on six foreign tankers between May and June outside the Strait of Hormuz in the Gulf of Oman. Tankers were leased to Frances Total, Royal Dutch Shell, Spain's Cepsa, Dutch energy firm Vitol, Hanwha Total of South Korea, India's Essar, Turkish refiner Tupras, and China's CNPC. National Iranian Tanker Company | Detailed Pedia "Irans continued harassment of vessels and interference with navigational rights in regional waters are a threat to maritime security and the global economy.". 650 people attended the anniversary, 350 from Iran and 300 from overseas. 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 at 2011, NITC ranks as the fifth-biggest tanker operator worldwide, with a total of 43 ships. (by declining order), Designated / Sanctioned / Illicit entities. On October 11, Iranian state mediareportedthat theSabiti, a tanker owned by the National Iranian Tanker Company(NITC), was struck by missiles in the Red Sea. Butthe National Iranian Oil Company later dismissed that possibility. Cancel. In 1987, at the peak of the so-called Tanker War between Iran and Iraq, Tehran had a total fleet of 17 tankers. Iran Seizes Chinese Oil Tanker, Raising Questions About The Two Irans tanker fleet is vulnerable to attacks and sabotage. The NITC owned 66 total oil tankers. Get a D&B Hoovers Free Trial. If Iran is willing to risk confrontation with Beijing, it also may not hesitate to restart conflict with Riyadh. 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. ", "Just last month, China brokered an agreement with Iran and Saudi Arabia which reflected Chinas growing influence in Iran," she said. 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. Reason for the color: Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasurys Office of Foreign Assets Control (OFAC) on October 26, 2020 pursuant to Executive Order 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services in support of, the IRGC-QF; Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasurys Office of Foreign Assets Control (OFAC) on November 5, 2018, identified pursuant to E.O. Between May and August 2019, at least six Iranian ships turned off their A.I.S. Irans single largest source of revenue is from oil exports; by mid-2019, 70 percent of its income was from petroleum products. #Oil leakage from Iranian Suezmax #tanker #Sabiti is under control and there was no fire on the vessel, owner National Iranian Tanker Company said in a statement | https://t.co/7dZt7KJFHg Dynamic search and list-building capabilities. Identifying information for another 52 vessels confirmed as being property in which NITC has an interest; 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. Global Tankers - IFMAT NITC serves Iran not only as a vehicle for. endstream endobj 127 0 obj <>stream 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. NITC expects by 2013 to have 74 ships of all sizes, including very large crude carriers, or VLCCs, and also smaller vessels. 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. BlackList is a list of all companies, organizations and figures who originate from Iran. Meet the Green Energy Group Behind the Study That's Driving Calls To Ban Gas Stoves. Their University Retaliated Against Them. Iran pumps about 4mn barrels per day to world markets, with roughly 60% bound for Asia and the remaining headed to Europe (2008). In March 2019, Iran used 12 tankers, over a fifth of its fleet, for floating storage of unsold stocks, according to MarineTraffic. [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. The United States granted temporary six-month waivers to a few countriesChina, India, South Korea, Turkey, Taiwan, Malaysia, South Africa, Singapore and Sri Lankathat had long depended on Iranian energy. It also froze the assets of Irans Central Bank in the European Union at a time that E.U. PDF TOP 30 TANKER COMPANIES TAKER Operator's - kotc.com.kw In 2012, the European Union implemented a set of targeted sanctions that banned the import, purchase and transport of Iranian crude oil and petroleum projects. The tankerdeliveredoil to the Assad regime at least three times between March 2012 and April 2013, according to theU.N. report. Iran has relied on a series of front companies, dozens of them registered in Belize, for tankers under its control. 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. National Iranian Tanker Company (NITC) as owner List of Vessels 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. Select Other Languages. RHOUFIRI HAMID Company Profile - Dun & Bradstreet In 2009, Iran and South Korea's Daewoo signed a $128-million contract on tanker supply with a capacity to carry 2.1 million barrels of crude. Exclusive: Iran targets tanker company listing to fund fleet All of the fleet is listed by Ofac, covering at least 54 tankers, including 38 VLCCs and eight suezmaxes according to Lloyd's List Intelligence. [9], NITC expects by 2013 to have 74 ships of all sizes, including very large crude carriers, or VLCCs, and also smaller vessels. Britain claimed that Iran had sold the cargo to Syria. The move comes as Iran oil shipments have fallen by almost 730,000 b/d since May, when the US withdrew from the Iran nuclear deal. 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. On July 22, the United Statesannounced Operation Sentinel, an international maritime coalition to protect vital shipping routes in the Persian Gulf. An Iranian official said that Tehran was looking at all options, which included finding new ships in Vietnam and Greece. *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>+ [9] The state-owned enterprise says it has ordered 16 other oil tankers that will join its current fleet of 45 carriers by 2011. If the deal materialises it will be the first order placed by NITC in over a decade 15 Mar 2022 Analysis Richard Meade @Lloydslisted richard.meade@lloydslistintelligence.com , Not all of the Iran-flagged vessels have been switched to the direct ownership of the NITC. SANSONE Company Profile | TOURCOING, HAUTS DE FRANCE, France Almost all international shipping companies and brokerage firms were there, said Sardashti. Entities affiliated with Designated / Sanctioned / Illicit entities. Iranian ships engaged in smuggling regularly changed their namesnotably the Grace 1 became the Adrian Darya 1to obfuscate illicit activities. The National Iranian Tanker Company (NITC) began operations with one 35,000-ton tanker. Iranian forces have seized a Marshall Islands-flagged oil tanker in international waters in the Gulf of Oman, the U.S. Navy and Iranian state media reported on April 27, the latest string of . Its transmissions resumed on October 11, shortly after the incident. May harm your business future. U.S. Sanctions Irans IRGC for Hostage-Taking, Timeline: Assassinations of Iranian Clerics, U.S., British & E.U. Its first destination was listed as Kalamata, Greece, but the Greek government said it had no contact with the ship, nor did it have the capacity to host a tanker. The NITC was formed to transport Iranian crude exports on behalf of the NIOC. After the United States re-imposed sanctions in 2018, Iran used its fleet in two different ways to ship to buyers and to store oil for future sales. View original page. Naval Command in Bahrain said in a statement. Between May 2 and September 10, 2019, at least a dozen Iranian oil tankers delivered crude oil to China, Syria, and Turkey. June 9 The U.N. Security Council adopted Resolution 1929 which tightened proliferation-related sanctions on Iran. countries imported 20 percent of Irans oil. Gibraltar released the oil tanker on August 15, after Tehran provided written guarantees that the ship would not deliver oil to Syria. (SDN List), such as the National Iranian Oil Company (NIOC), the National Iranian Tanker Company (NITC), and the Islamic Republic of Iran Shipping Lines (IRISL) are at serious risk of . Our Standards: The Thomson Reuters Trust Principles. In a depressed global shipping sector, Iran offers a rare business opportunity. National Iranian Tanker Co; See All See Less Related Places Dubai; See All . According to the club's website, Kish P&I Club offers between $500,000and . Comprehensive company profiles. The Iran Astaneh was an Iranian oil tanker registered to the NITC. 60 miles from the Saudi port of Jeddah when it was hit. The tanker changed its destination several times between August 15 and September 3. The war made it difficult for Iran to transport oil cheaply because of increased insurance rates on Iranian cargo. Iran's National Iranian Oil Tanker Company has announced plans to build a dual-fuel aframax in a domestic shipyard. At the peak of the war,Tehran had a total fleet of 17 tankers. TEHRAN An oil vessel belonging to the National Iranian Tanker Company (NITC) has saved the crew of a cargo ship damaged in the Persian Gulf waters, IRNA reported. Iran also is suspected to be responsible for drone strikes and other attacks on vessels traversing through the Strait of Hormuz, a critical shipping route. 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. As a result, Tehran increasingly relied on its national fleet. [8], NITC has a huge project for replacing tankers, including the construction and purchase of 25 tankers with a total capacity of 6 million tons. Linesand the Belgium-based Euronav NVhave all confirmed having fewer tankers at their disposal. British authorities claimed the ship was attempting to smuggle oil to Syria in violation of E.U. Many of these companies terminated contracts with the NITC after the Trump administration reinstated sanctions on Irans shipping industry in November 2018. Be sure. All quotes delayed a minimum of 15 minutes. Domestic company to build 113,000-ton oil tanker for NITC TEHRAN - National Iranian Tanker Company (NITC) has awarded the project for building a 113,000-ton oil tanker to a high-level domestic company, the company's managing director announced. November 8, 2021 - 14:26. Under international maritime law, merchant ships must be registered with a country. countries imported 20 percent of Irans oil at the time. St Kitts and Nevis deflags 36 tankers owned by biggest dark fleet owner The National Iranian Tanker Co., the country's top oil-shipping company, is tinkering with plans to list some of its shares in domestic and international markets, the chief executive said. Britain also announced its own European-led maritime protection mission to safeguard international shipping lanes. Among the IRISL vessels identified today are four vessels that recently underwent name and partial ownership changes but that are still property in which IRISL has a blockable interest; The global maritime industry should be on alert for Irans use of such tactics and make every effort to thwart Irans use of their jurisdictions to create front companies, to revoke their flags from IRISL and NITC vessels and to deny other means that enable Iran to conceal its interest in the vessels; Report Announces Determination that the National Iranian Oil Company is an Agent or Affiliate of Irans Islamic Revolutionary Guard Corps; Address: 67-88, Shahid Atefi Street, Africa Avenue, Tehran, Iran, Phone: 98 21 23801 98 21 66153220 98 21 23803202 98 21 23803303 98 21 66153224 98 21 23802230 98 9121115315 98 9128091642 98 9127389031, E-Mail: info@nitc.co.ir administrator@nitc.co.ir, Person of interests: Hamid Behbahani (Managing Director) Mr. Tabatabaei (In charge of CBT and in charge of Training) Mrs. Soltani (In charge of Expatriates Filing and Computer Operator) Mr. Zare Mehrjerdi (In charge of Engineer Officers) Mr. Hedayati (In charge of Deck Rating) Vahid Haghanian.