national iranian tanker company fleet list

Third round: In November 2018, the Trump administration re-imposed sanctions six months after withdrawing from the 2015 nuclear deal. Between 2015 and 2017, the brief window when U.S. sanctions were lifted, the NITC signed 215 contracts to lease its tankers. It's gross tonnage is 164241 tons. Iran programmed the tankers GPS system to send incorrect satellite signals that confused global tracking systems. %%EOF 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. Comprehensive company profiles. Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD. 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. 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. Chinese companies appeared more hesitant to do business with Iran for fear of financial penalties. In 2019, Iran had insufficient on-shore space to store excess oil while searching for buyers, so it stored oil on large tankers that either sailed in circles around the Persian Gulf or docked in Irans territorial waters. Shipping sources say NITC has more than 40 tankers out of a fleet of around 70, that are new and modern enough to export oil once they receive classification, which could be achieved within weeks. (by declining order), Designated / Sanctioned / Illicit entities. NITC Has Biggest Supertanker Fleet In The World - VesselFinder Writing by Henning Gloystein; Editing by Ed Davies. Most of Iran's tankers have changed flag registry, P&I club and classification society as well as switched off their AIS transponders to stymie vessel tracking since sanctions were first flagged in May. National Iranian Tanker Company (NITC) as owner List of Vessels when traveling international routes. NITC's revenues during the last Iranian year (ended March 20, 2009) reached $1.5 billion. The state-owned enterprise says it has ordered 16 other oil tankers that will join its current fleet of 45 carriers by 2011. In a depressed global shipping sector, Iran offers a rare business opportunity. 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. All quotes delayed a minimum of 15 minutes. Aug. 5 - The U.S. Congress passed the Iran-Libya Sanctions Act to deter foreign investment in Irans energy sector. 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. During the same period, at least six other Iranian ships were tracked using similar tactics for covert deliveries to China. Iranian company to build 113,000-ton oil tanker for NITC : #NITC pic.twitter.com/R83xRqAq7i. [1] As of 2011, NITC was owned by funds managing pensions for 5 million Iranians. The NITC had a total fleet of four tankers. Before sanctions, Tehran leased idle vessels to major oil companies. [1] As of 2011, NITC was owned by funds managing pensions for 5 million Iranians. In 2012, only seven of Irans 25 supertankers operated on-board transponders. 650 people attended the anniversary, 350 from Iran and 300 from overseas. Valuable research and technology reports. SANSONE Company Profile | TOURCOING, HAUTS DE FRANCE, France 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). Iraq attacked Iranian ships in the northern Persian Gulf starting in 1981, but Iran did not respond with similar attacks for three years. Get the latest online operator and fleet vessel safety risk warnings with easy to use red, amber and green safety warning. 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. 141 0 obj <>/Filter/FlateDecode/ID[<07C23D6E0868A828C100C5491906D705>]/Index[123 40]/Info 122 0 R/Length 93/Prev 415847/Root 124 0 R/Size 163/Type/XRef/W[1 2 1]>>stream Countries that offer so-called flags of convenience typically have lax shipping regulations conducive to smuggling operations. The tanker changed its destination several times between August 15 and September 3. Our Standards: The Thomson Reuters Trust Principles. It is the biggest tanker company in the Middle East. L bN LS,08jl!X90Zm3e`O!T:; #F1c^W;vqo9(Jd|RP$ ]'=>|VOI:oGA3_) Irans single largest source of revenue is from oil exports; by mid-2019, 70 percent of its income was from petroleum products. 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. On August 18, the Grace 1 changed its name to the Adrian Darya-1 and raised an Iranian flag before departing the Gibraltar port. These include a lack of a dollar clearing, the absence of an established mechanism for non-dollar sales, insufficient clarity on ship insurance and a reluctance of banks to provide letters of credit to facilitate trade with Iran. 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. 0 Iran became one of the top five oil producers in the world. 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. 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. [1] 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. BlackList is a list of all companies, organizations and figures who originate from Iran. 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. It targeted companies conducting business with Irans national oil company and tanker fleet, such as insurers and shippers. Currently sailing under the flag of Iran. "Was this a miscalculation from Iran, or has Iran become so brazen that even its close ally China is immune? 5. Tehran soon struggled to find buyers for its oil. In June 2010, the U.N. Security Council adopted Resolution 1929, which tightened sanctions on foreign companies aiding Irans nuclear program. Before We Thank Iran's Tanker Fleet Again, won't be able to deliver to either Baniyas or Tartous without offloading a million barrels via a Ship-to-Ship transfer first. 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. The Masjid-i-Solaiman was the countrys first oil well. In August 2019, with exports plummeting, Iran needed only 42 of its tankers to ship oil. RHOUFIRI HAMID Company Profile - Dun & Bradstreet July 12 The United States first designated the NITC. The Pentagon said the mission would be to increase surveillance of and security in key waterways in the Middle East to ensure freedom of navigation in the Gulf, through which roughly one-fifth of the worlds oil passes.

Alaloth Champions Of The Four Kingdoms Multiplayer, Old American Golf Club Membership Cost, Ucla Soccer Camps 2022, Crossroads Summer Camp Staff, Sam O'nella Merch, Articles N