national iranian tanker company fleet list

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national iranian tanker company fleet list

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[3]. 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. 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. We are in talks with insurance and with classification societies (and) ready to class our ships, he said by telephone from Tehran. It was also the first well in the Middle East. Sardashti also worked with Qatirji Group representative Viyan Zanganeh (Zanganeh) and a senior IRGC-QF official to facilitate the shipment of millions of dollars of oil by NITC. [1] As of 2015, Iran has 42 very large crude carriers or, This page was last edited on 10 October 2022, at 01:38. countries imported 20 percent of Irans oil. Iran NITC takes delivery of new VLCC from China, vessel heads for And in a sign of this appetite, foreign shippers and brokers flocked to Tehran last week to attend NITCs 60th birthday party on January 17. Tehran has registered the majority of its ships under flags of convenience, including countries such as Panama, Bolivia, Liberia, Togo, and Tanzania. WE NOW HAVE VISUAL CONFIRMATION 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. As the Grace 1, the tanker was originally flagged as a Panamanian vessel; it was seized by Gibraltar on July 4. 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. ;.v;Jpf:fNpLhtCPe0 Reflagging tankers allowed Tehran plausible deniability for smuggling oil and breaking sanctions under the cover of foreign flags. See here for a complete list of exchanges and delays. [citation needed]. THE NATIONAL COMPANY TRADING IN INTERNATIONAL OIL TRANSPORTATION MARKET WITH YOUNGEST TANKER FLEET O National iranian tanker co., Tehran, Iran. Iran denied the claim but refused to name the buyer. (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. It also imposed sanctions on foreign banks conducting business with Iran. National Iranian Tanker Company (Nitc) - risk rated by IMRRA "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. Foreign companies suspended contracts in Iranian oil and gas fields and deferred bidding on new investments. 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. The contracts were either for single voyages or time-charter agreements, which permit companies to charter ships for a set period of time. 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, TotalEnergies, Saudi Aramco and state-run producers in Kuwait and Abu Dhabi. The act imposed tough penalties on companies found investing more than $20 million a year in Irans oil and gas industry. Iran navy seizes tanker near Oman that was on way to Houston Britain also announced its own European-led maritime protection mission to safeguard international shipping lanes. Iran was forced to relist ships under its own flag, which in turn led foreign companies to be less willing to accept deliveries. National Iranian Tanker Company - IFMAT NITC has a huge project for replacing tankers, including the construction and purchase of 25 tankers with a total capacity of 6 million tons. Delivery of relatively new second-hand vessels would be much faster, possible within two months. Between 1984 and 1988, a total of 451 ships were hit in the Gulf. The Millionaire was owned by the NITC but was flagged to Tanzania. Jan. 23 The European Union adopted a set of targeted sanctions that banned the import, purchase, and transport of Iranian crude oil and petroleum projects, effective July 1. that continuously broadcasts their location. "It seems peculiar that Iran would then look to seize a tanker owned by its largest trading partner.". May harm your business future. NITC Has Biggest Supertanker Fleet In The World - VesselFinder Name Design Reg.Nr IMO Yard Nr Built Port Remarks; Baikal: Tankers: 27101: 9357353: S317: 28.05.2008: Zanzibar: To raise money, Tehran is planning a public listing of NITC. As of 2011, NITC was owned by funds managing pensions for 5 million Iranians. ?@v?ll_uMeph>2uE}C&6k]Dh>,s`zKOn/9`CA(O*T*e"\F@@ 2)1MR("#P>CCn?~2"+"KtJI`y7s A@Us,X f( |&N(4Y0>$&+4&ZC~u5&8r!ROIlz}4NdTzTTZkX6|C#l)Vda|I_ 0Ciz-gO!~ This company knowingly transported Iranian petroleum-based products several times, using its tanker fleet. 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. endstream endobj 124 0 obj <> endobj 125 0 obj <> endobj 126 0 obj <>stream It is the biggest tanker company in the Middle East. [1] Naval Command in Bahrain said in a statement. Shipping of oil, petroleum products doubled in 7 months, Oil shipment by NITC fleet doubled: minister, NITC plays significant role in boosting Irans oil export, Oil, related products transport almost doubled in 4 past months, Domestic company to build 113,000-ton oil tanker for NITC, NITC shipping activities increase significantly, NITC to take special measures to improve livelihood of personnel, New managing director outlines NITCs goals, priorities, Hossein Shiva appointed NITCs new managing director, Iran implements project for injecting gas condensate into oilfield for 1st time, Indonesia releases seized Iranian oil tanker, Indian Muslims Protest Against Demolition of Jannatul Al-Baqi, Archaeological discoveries to alter Persian Gulf history, 2,600 inmates trained as crafters in Alborz, 100 historical monuments of Khorasan Razavi restored every year, Khorramabad to gain foothold on national tourism map, Sassanid town in southern Iran named national heritage, Beijings ambassador visits UNESCO sites in southwest Iran, Iran successfully tests aircraft engine made by Iranian parts, Iran FM appoints new deputy for Caspian Sea affairs, Iraqi prosecutor launches probe into alleged role of ex-PM role in Gen. Soleimani assassination, The Story of Seven Countries: A Review of US Aggression in West Asia and North Africa, Iran, S. Arabia resuming diplomatic ties: Foreign Ministry, Israel has suffered devastating blows from Iran: intelligence chief. Its transmissions resumed on October 11, shortly after the incident. 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. Two months later, Iran began to target ships ferrying oil for Iraq. Iran seized a Marshall Islands-flagged oil tanker in the Gulf of Oman in international waters on Thursday, the U.S. Navy said, the latest in a series of seizures or attacks on commercial vessels . NITC has also played a significant role in oil deals used to generate revenue for the IRGC-QF and Hizballah. Financial Data. [1] 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, TotalEnergies, Saudi Aramco and state-run producers in Kuwait and Abu Dhabi. In 2008, NITC transferred 103 million tons of petroleum products abroad. In November 2018, the US Department of the Treasury announced sanctions against the NITC and its fleet of tankers as part of Washingtons reimposition of sanctions against Iran. The Chinese companies building Irans surveillance state, The Canadian businessmen accused of helping Irans regime, Report Who are the people working for Iranian regime in Azerbaijan as spies. ", "Just last month, China brokered an agreement with Iran and Saudi Arabia which reflected Chinas growing influence in Iran," she said. NITC has a capacity of 11 million tons per year; NITC, a subsidiary of NIOC, is responsible for the transportation of Iranian crude exports. In August 2019, Irans tanker storage capacity was full, with more than 111 million barrels stockpiled offshore on 12 tankers, a fifth of its total fleet. 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. Find out more. In the last three months, 22 tankers owned by firms in Belize were moved directly under the ownership of the NITC, according to data reviewed by Akhbar Alaan. 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. 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. Global Tankers - IFMAT [1] As of 2011, NITC was owned by funds managing pensions for 5 million Iranians. These states maintain an open registry, which allows ship owners to register vessels without ties to the country. Shipping sources estimate NITCs needs to replace over 20 tankers, including Very Large Crude Carriers (VLCC) capable of carrying 2 million barrels of oil, and Suezmax tankers capable of carrying 1 million barrels. Dynamic search and list-building capabilities. The imprisoned ship is registered to Chinas Puyin Financial Leasing Company Limited, which is based in Shanghai, according to Lloyds. Saheb Sadeghi, the NITC head of public relations, said that the missiles were possibly fired from Saudi territory. It also agreed to freeze the assets of Irans central bank in the European Union. Foreign maritime officials were also more likely to search ships with an Iranian flag. 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. list in January 2016 as part of the Joint Comprehensive Plan of Action; We sort entities who are connected with terrorist activities, in two sections, first by risk and second by geolocation. [2] It is the biggest tanker company in the Middle East. The NITC had a total fleet of four tankers. ,zO}Ug$hL1I_) QN4tOH?t:*+7-l#XE\1Mx${@%hz". Get a D&B Hoovers Free Trial. ,VncwJlCB P4WJz'(N9I'"rP$!0L8(YeeLJ*@SMeiA0("m:@qZ;M%Q3HJC#CBi3dax b'0=(@ B (by declining order), Designated / Sanctioned / Illicit entities. 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