national iranian tanker company fleet list

All quotes delayed a minimum of 15 minutes. [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. 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. As at 2011, NITC ranks as the fifth-biggest tanker operator worldwide, with a total of 43 ships. NITC has a capacity of 11 million tons per year. Gibraltar released the oil tanker on August 15, after Tehran provided written guarantees that the ship would not deliver oil to Syria. countries imported 20 percent of Irans oil at the time. It banned Tehran from testing missiles capable of carrying nuclear warheads and imposed an embargo on the transfer of major weapons systems to Iran. The tankerdeliveredoil to the Assad regime at least three times between March 2012 and April 2013, according to theU.N. report. In all six cases, the Iranian tanker left the Eastern Mediterranean riding lighter, which indicated that the ship had unloaded its cargo. Iran's National Iranian Oil Tanker Company has announced plans to build a dual-fuel aframax in a domestic shipyard. On September 8, Irans foreign ministry announced that it had finally sold the tankers oil but did not name the buyer. [3]. Each tanker reemerged with a change in draft, the measurement of a ships depth in the water. 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. The Deep Cleaner oil tanker is among the most advanced ships of its type when regarding the Middle East region and it comes featuring liquid nitrogen tankers and a permanently integrated nitrogen unit. Iran used the practice to transfer crude oil from its tankerseither stationed near a port or out at seato a non-Iranian vessel to mask the fact that the true origin of the oil is from Iran and to introduce it into the global market as if it were non-Iranian oil, according to the U.S. Treasury. As a result, Tehran increasingly relied on its national fleet. Major players in Irans energy sector were liable to be sanctioned for supporting nuclear or ballistic missile development. Each country is responsible for the activities of the ships flying its flag and must ensure they abide by international maritime law. Legitimate entities - we cannot determine whether an entity is completely green, and that is due to the facts that the Iranian economy is not transparent enough for us. 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. It has stored oil on its tanker fleet at sea while it searched for potential buyers willing to risk U.S. sanctions. National Iranian Tanker Co (NITC) (9.7 mill dwt, plus at least three VLCCs, chemical . The ship was tracked off the coast of Tartus, Syria. As at 2010, the company operated 28 Very Large Crude Carriers (VLCC), nine Suezmax and five Aframax tankers. TEHRAN - Iranian Offshore Oil Company (IOOC), in collaboration with the National Iranian Tanker Company (NITC), has started implementing a project for injecting gas condensate into Soroush oil field in the Persian Gulf to maintain its production level. After its release, the tanker wandered the Mediterranean as Iran looked for a buyer and a location to offload its oil. Foreign maritime officials were also more likely to search ships with an Iranian flag. The war made it difficult for Iran to transport oil cheaply because of increased insurance rates on Iranian cargo. ,VncwJlCB P4WJz'(N9I'"rP$!0L8(YeeLJ*@SMeiA0("m:@qZ;M%Q3HJC#CBi3dax b'0=(@ B [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. We need approvals and then we start placing orders in 2016 it takes 2-3 years to take delivery of ships, Sardashti said. One ship, the 176,000-ton tanker Dena, was attacked by Iraq five separate times between 1984 and 1987. Find out more. Maritime Insights & Intelligence Limited is registered in England and Wales with company number 13831625 and address c/o Hackwood . All Content by Mehr News Agency is licensed under a Creative Commons Attribution 4.0 International License. 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. 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. 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. Comprehensive company profiles. In May 2018, when the Trump administration re-imposed sanctions against Iran after the US withdrawal from the JCPOA, China shifted its petroleum cargo to ships owned by the NITC to maintain or even increase its imports from Iran. The tactic was used to confuse tracking systems and conceal the vessels destination. [9], NITC expects by 2013 to have 74 ships of all sizes, including very large crude carriers, or VLCCs, and also smaller vessels. In March 2019, Iran used 12 tankers, over a fifth of its fleet, for floating storage of unsold stocks, according to MarineTraffic. 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. All fleet vessels KPI benchmarked against fleet averages to manage your company's risk and opportunities. British authorities claimed the ship was attempting to smuggle oil to Syria in violation of E.U. Dynamic search and list-building capabilities. Iranian ships engaged in smuggling regularly changed their namesnotably the Grace 1 became the Adrian Darya 1to obfuscate illicit activities. Its fleet was very old, with 21 tankers built in 2000 or earlier. (by declining order), Designated / Sanctioned / Illicit entities. @` [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. There is not a single company in the world to own so many VLCCs, commented Nasrollah Sardashti, commercial director for NITC. ,zO}Ug$hL1I_) QN4tOH?t:*+7-l#XE\1Mx${@%hz". GrayList is a list of all companies, organizations and figures out of Iranian borders, and doing business with Iran. July 12 The United States first designated the NITC. One international tracking signal showed the Millionaire sailing the Lady Rashas course through the Mediterranean. View the current operators and vessels risk level via a free - trial In June 2010, the U.N. Security Council adopted Resolution 1929, which tightened sanctions on foreign companies aiding Irans nuclear program. 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 companys managing director announced. It was also the first well in 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. 0 Legitimate entities - we cannot determine whether an entity is completely green, and that is due to the facts that the Iranian economy is not transparent enough for us. As reported by the NITC's Office of Public Relations, Shiva has underlined preparing a guideline for the company . The National Iranian Oil Company (NIOC) had to offer greater incentives to negotiate contracts for supplies formerly sold to U.S. companies. Tehran soon struggled to find buyers for its oil. TEHRAN - Iranian-flagged VLCC Horse, belonging to the National Iranian Tanker Company (NITC), which was detained by Indonesian authorities in late January, was released on Friday and will return to Iran after completing its mission. TheSabitiwas reportedly60 miles from the Saudi port of Jeddah when it was hit. Iraq attacked Iranian ships in the northern Persian Gulf starting in 1981, but Iran did not respond with similar attacks for three years. 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 operates as an independent shipping company in Iran. Most flags have nationality or residency requirement for ship registration. countries imported 20 percent of Irans oil. endstream endobj startxref , 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. 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. November 8, 2021 - 14:26. 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. Currently sailing under the flag of Iran. Irans Islamic Revolutionary Guards Corps (IRGC), the countrys paramilitary fighting force that routinely harasses American ships in the region, intercepted the China-owned oil tanker as it made its way through the gulf en route to Houston, Texas, according to Lloyds List, a London-based shipping journal. 60 miles from the Saudi port of Jeddah when it was hit. GeoLocation divisions are divided into two fields, Black List and Gray List. 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. Irans total shipping capacity increased from 61.5 million barrels to 85.5 million barrels. 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. 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. Butthe National Iranian Oil Company later dismissed that possibility. Iran It was originally run by the state under both the monarchy and the theocracy. 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. In Irans tanker fleet, 11 VLCCs and Suexmaxes were built in 1999 or earlier, according to the Equasis shipping database. [1] 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!~ [2] It is the biggest tanker company in the Middle East. Tehran has employed four tactics to circumvent sanctions so it can continue to peddle its oil: Iran has bragged about beating the sanctions regime. This company knowingly transported Iranian petroleum-based products several times, using its tanker fleet. 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. 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. In December 2013, the U.S. Treasury sanctioned the ship for its role in facilitating the illegal sale of Iranian oil. Iran pumps about 4mn barrels per day to world markets, with roughly 60% bound for Asia and the remaining headed to Europe (2008). An International Maritime Organization treaty, overseen by the United Nations, requires all ships of 300 tons or more to turn on their A.I.S. NITC will operate 50 VLCCs at that time, up from 28 in 2010. The National Iranian Tanker Company (NITC) began operations with one 35,000-ton tanker. (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 . THE NATIONAL COMPANY TRADING IN INTERNATIONAL OIL TRANSPORTATION MARKET WITH YOUNGEST TANKER FLEET O National iranian tanker co., Tehran, Iran. 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. Souri commented that the National Iranian Tanker Company has purchased five ships while the others were bought within the private sector. Provides financial support to the Government of Iran through its shareholders which maintain ties with the Government; Removed from the E.U. 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. 5. On August 18, the Grace 1 changed its name to the Adrian Darya-1 and raised an Iranian flag before departing the Gibraltar port. 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. [citation needed], In May 2018, when the Trump administration re-imposed sanctions against Iran after the US withdrawal from the JCPOA, China shifted its petroleum cargo to ships owned by the NITC to maintain or even increase its imports from Iran. 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. BlackList is a list of all companies, organizations and figures who originate from Iran. Britain claimed that Iran had sold the cargo to Syria. 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. Select Other Languages. 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 . [1] In 2009, Iran and South Korea's Daewoo signed a $128-million contract on tanker supply with a capacity to carry 2.1 million barrels of crude. *H@TW].R; TaHVma-v0La-6ub_z57{b.Zh9p@ #``d0`@}\8+a>3gi>>_zi\s%H Xu&@}}{l4zLb5"dm`& zCas12k (2BiH{^t6aG662Yl7j/raW{K?zNXT&`lbQPH@:RF @g`+JCh=Dw\.95949.UT&)4@c(6y_mf{) O0!Pvve/RqaN4i{Wl>fr)^y]x#'VqsFje=X4 0sN>+ ", "The working hypothesis at the moment is that it could either be an arbitrary detention of a vessel by Iran in response to the U.S. sailing its first unmanned vessel through the region last weekas a show of force," he said. @B$A, $X JX3h=2 .! 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. Sweeping Sanctions on Hezbollah Network, U.S. Sanctions Network Supplying Drone Parts, U.S. Indicts Iranians Plotting to Kidnap Journalist, U.N. Court Rejects Irans Case to Unfreeze Assets, Comments: Biden & U.S. Officials on Iran in 2023, U.S. Report: Irans Support for Terrorism, Timeline: Iran's Foreign Plots and Assassinations, Nowruz: Iran Declares Victory Over Protests, Nowruz: U.S.-Iranian Astronaut at the White House, Nowruz: Bidens Celebrate the Persian New Year. It accounted for five to six percent of global production. It also allows local maritime authorities to monitor traffic around their border using on-shore receivers. 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. Second round: In 2010, during the Obama administration, U.S. Congress passed the Comprehensive Iran Sanctions, Accountability, and Divestment Act, which targeted firms investing in Irans energy sector or selling refined petroleum to Tehran. We will continue to apply maximum pressure on the Iranian regime until its leaders change their destructive behavior, respect the rights of the Iranian people, and return to the negotiating table, said Secretary of State Mike Pompeo. Iran pumps about 4mn barrels per day to world markets, with roughly 60% bound for Asia and the remaining headed to Europe (2008). Iran programmed the tankers GPS system to send incorrect satellite signals that confused global tracking systems. Jungman, whose advocacy group closely tracks the regime in Tehran, described the timing of the incident as "peculiar. 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. Reflagging tankers allowed Tehran plausible deniability for smuggling oil and breaking sanctions under the cover of foreign flags. 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 Iran Astaneh was an Iranian oil tanker registered to the NITC. As the Grace 1, the tanker was originally flagged as a Panamanian vessel; it was seized by Gibraltar on July 4. [2] NITC has a capacity of 11 million tons per year. Once a ship registers under the flag of a new country, that countrys laws apply to the vessel. The United States, European Union, and United Nations lifted or suspended certain sanctions. 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 says it has a fleet of 69 tankers, 66 of which are crude carriers, with a total of 15.5 million deadweight tonnage (DWT). In September 2008,theUnited Statesannouncedsanctions onTehransshipping industry, which prompted Iran touse foreignfront companies tomaskownership of its tanker fleet. International sanctions were lifted in 2016, six months after a nuclear deal with the worlds six major powers limited Irans nuclear program. In June 2012,the shipappearedin areportby the U.N. Panel of Experts on Iran, which described specific instances of Iranian smuggling operations using its tanker fleet. Britain also announced its own European-led maritime protection mission to safeguard international shipping lanes. 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- Irans minister of cooperatives, labor and social welfare announced that transportation of the countrys oil and oil products has been almost doubled in the past four months. In mid-2020, Zanganeh continued to act as an intermediary between the IRGC-QF and a Syrian regime-affiliated business, arranging for the funding of the release of a seized vessel and additional shipments of fuel oil; NITC set up a front company in the United Arab Emirates (UAE), Atlas Ship Management. 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. Fifteen carrier vessels in total were bought over the course of the past few years and have now successfully joined the ranks of the fleet and are ready to take LPG cargoes to their respective clients, as said by the deputy petroleum minister of Iran regarding strategic affairs, Mohammad Souri. that continuously broadcasts their location. 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. 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. Many of these companies terminated contracts with the NITC after the Trump administration reinstated sanctions on Irans shipping industry in November 2018. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action. 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. Two months later, Iran began to target ships ferrying oil for Iraq. Yards in China that could participate include Dalian Shipbuilding and Shanghai Waigaoqiao Shipbuilding. TOP 30 TANKER COMPANIES The managed fleet list shows 55 vessels, although charters increase that figure considerably. Sanctions for Rights Abuses, Irans Deepening Strategic Alliance with Russia, Explainer: Irans Strategic Pivot to the East, U.S. Report: Sexual, Gender-Based Violence in Iran, Timeline: U.S. Sanctions & Iran's Drones to Russia, Sanctions 6: U.S. Sanctions Many Iran Proxies, U.S. 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. 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. 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. Between 1984 and 1988, a total of 451 ships were hit in the Gulf. , At the peak of the war,Tehran had a total fleet of 17 tankers. [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. The National Iranian Tanker Company (NITC, Persian: , Shirkat-e Mili-ye Nuftekshi-ye Iran) is a subsidiary of the National Iranian Oil Company, which was privatized in 2009.

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