NITC Has Biggest Supertanker Fleet In The World - VesselFinder In 1980, Iraq invaded Iran. Many of these companies terminated contracts with the NITC after the Trump administration reinstated sanctions on Irans shipping industry in November 2018. NITC expects by 2013 to have 74 ships of all sizes, including very large crude carriers, or VLCCs, and also smaller vessels. The Europeans, China and Russiathe other partners to the dealcontinued to honor its terms. 162 0 obj <>stream TEHRAN Managing Director of the National Iranian Oil Company (NIOC) has praised the significant role of the National Iranian Tanker Company (NITC) in boosting the countrys oil exports during the previous Iranian calendar year (ended on March 20). 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. 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. 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. [2] NITC has a capacity of 11 million tons per year. IRISL Group - Wikipedia 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. International sanctions were lifted in 2016, six months after a nuclear deal with the worlds six major powers limited Irans nuclear program. 2022-03-04 16:12 NITC plays significant role in boosting Iran's oil export The war made it difficult for Iran to transport oil cheaply because of increased insurance rates on Iranian cargo. Writing by Henning Gloystein; Editing by Ed Davies. 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. Tehran has employed four tactics to circumvent sanctions so it can continue to peddle its oil: Iran has bragged about beating the sanctions regime. Tehran formed the National Iranian Oil Company (NIOC) to manage its oil exports. NITC serves Iran not only as a vehicle for. 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. Comprehensive company profiles. Update now. 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. Be sure. 13599 for meeting the definition of the term Government of Iran", Status:Top Alert Entity designated / sanctioned for terror, WMD and human rights violation. [6] 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. Irans tanker fleet is vulnerable to attacks and sabotage. Global Tankers - IFMAT On July 22, the United Statesannounced Operation Sentinel, an international maritime coalition to protect vital shipping routes in the Persian Gulf. This page was last updated at 2023-04-18 08:32 UTC. In June 2019, China imported only 210,000 barrels per day (bpd) of Iranian crudethe lowest in nearly a decade and 60 percent below imports from Iran in June 2018. At the time, it was one of the largest oil refineries in the world and significantly increased Iranian crude oil production. There is not a single company in the world to own so many VLCCs, commented Nasrollah Sardashti, commercial director for NITC. ?oDB=XLlEK4 A`"5SL#j. Britain, France and Germany moved to salvage the accord. Entities in a problematic sector - Sector controlled by the Top Alert entities. An Iranian official said that Tehran was looking at all options, which included finding new ships in Vietnam and Greece. 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. 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. The war made it difficult for Iran to transport oil cheaply because of increased insurance rates on Iranian cargo. 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. Comprehensive company profiles. Aug. 5 - The U.S. Congress passed the Iran-Libya Sanctions Act to deter foreign investment in Irans energy sector. "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. According to the club's website, Kish P&I Club offers between $500,000and . On August 18, the Grace 1 changed its name to the Adrian Darya-1 and raised an Iranian flag before departing the Gibraltar port. Find out more. Following the purchase of one of the biggest crane vessels in the world for the purposes of installing giant oil and gas offshore rigs in the vicinity of the Persian Gulf along with the biggest floating oil storage unit (FSU) back in February, Iran has now successfully equipped itself with one of the worlds most advanced and innovative oil tanker vessels. National Iranian Tanker Company - Wikipedia The United States accused Iran of transporting 2.1 million barrels of crude for the financial gain of the Islamic Revolutionary Guard Corps (IRGC), which had been separately sanctioned. , Oil was discovered in Khuzestan province in the southwest of the Islamic Republic of Iran. NITC Has Biggest Supertanker Fleet In The World. It has disguised its shipsby renaming them while at sea, reflagging them under other countries, and changing the unique identification codesto evade international tracking systems. 0wLE/{es"VjZ15I]U|{"Tu UUT.XEJ[>K= E!$\Sov^3yeBv5x?&xnx}3q=% 5w 2,782 likes. Entities in a problematic sector - Sector controlled by the Top Alert entities. 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. National Iranian Tanker Company operates as an independent shipping company in Iran. Iranian Forces Seize Marshall Islands-Flagged Oil Tanker In Gulf Of Oman 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: We need approvals and then we start placing orders in 2016 it takes 2-3 years to take delivery of ships, Sardashti said. TheSabitiwas reportedly60 miles from the Saudi port of Jeddah when it was hit. 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. hXnF>|//B \?0ZbC July 12 The United States first designated the NITC. In March 2019, Iran used 12 tankers, over a fifth of its fleet, for floating storage of unsold stocks, according to MarineTraffic. 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. NIOC and NITC provide both the oil and tankers for the sale of Iranian oil by the IRGC-QF. Formerly also known as DAN, JUSTICE, DADGAR. 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. 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. November 8, 2021 - 14:26. In June 2010, the U.N. Security Council adopted Resolution 1929, which tightened sanctions on foreign companies aiding Irans nuclear program. 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. In the managed fleet are 10 VLCCs, seven Suezmaxes, 18 Aframaxes, two LR1s, 16 In 2019, Tehran faced another problem: It needed to modernize its aging oil tanker fleet; 16 of Irans 54 tankers were at least 19 years old, according to international shipping records. Shipping sources said most South Korean ship builders, including Hyundai Heavy Industries, Daewoo Shipbuilding & Marine Engineering and Samsung Heavy Industries, would likely bid for new contracts. In 2008, NITC transferred 103 million tons of petroleum products abroad. , 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. The imprisoned ship is registered to Chinas Puyin Financial Leasing Company Limited, which is based in Shanghai, according to Lloyds. National iranian tanker co. | Tehran - Facebook Two months later, Iran began to target ships ferrying oil for Iraq. Iran's National Iranian Oil Tanker Company has announced plans to build a dual-fuel aframax in a domestic shipyard. Find company research, competitor information, contact details & financial data for SANSONE of TOURCOING, HAUTS DE FRANCE. transponders when crossing the Suez Canal to hide their positions before they offloaded cargo in Syria and Turkey, The New York Times reported. 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. 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. It targeted companies conducting business with Irans national oil company and tanker fleet, such as insurers and shippers. Dynamic search and list-building capabilities. 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 . Iran navy seizes tanker near Oman that was on way to Houston 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). Iran Seizes Chinese Oil Tanker, Raising Questions About The Two National Iranian Tanker Company (NITC) - Tehran Times NITC has a capacity of 11 million tons per year. Linesand the Belgium-based Euronav NVhave all confirmed having fewer tankers at their disposal. 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. Exclusive: Iran targets tanker company listing to fund fleet The dates given for each ship represent the period of illicit activity. Ownership of the NITC has been murky. Again, won't be able to deliver to either Baniyas or Tartous without offloading a million barrels via a Ship-to-Ship transfer first. 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. "Was this a miscalculation from Iran, or has Iran become so brazen that even its close ally China is immune? Beijing is the biggest buyer of heavily sanctioned Iranian crude oil, importing at least $22 billion worth since President Joe Biden took office. The NITC began operations in 1955 with one 35,000-ton tanker. endstream endobj 124 0 obj <> endobj 125 0 obj <> endobj 126 0 obj <>stream %%EOF 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. 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. Current prices for a new VLCC is $93-$94 million, according to shipping broker Clarkson. As a result, Tehran increasingly relied on its national fleet. Iran oil exports on the rise as national tanker fleet reflags Iranpurchased12additionalsupertankers fromChineseshipyards,whichexpanded its fleet from 39 to 51 tankers. St Kitts and Nevis deflags 36 tankers owned by biggest dark fleet owner Add a personalized message to your email . Oil tankers typically have a lifespan of around 15 years to 20 years in the industry. In March 2019, Iran used 12 tankers, over a fifth of its fleet, for floating storage of unsold stocks, according to MarineTraffic. The vessel is reportedly carrying 750,000 barrels of Kuwaiti crude oil and is chartered by Chevron. NITC will operate 50 VLCCs at that time, up from 28 in 2010. ", The incident could indicate that Chinas recently brokered peace deal between Iran and Saudi Arabia may not be as strong as some observers believe. Iran programmed the tankers GPS system to send incorrect satellite signals that confused global tracking systems. Since February, four other recently-formed firms in Belize have acquired Iranian oil tankers. The country emerged from years of economic isolation last weekend after crippling sanctions were lifted in return for Tehran complying with steps to curb its nuclear ambitions. Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations. %PDF-1.4 % 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. The Iranian product tanker Forest arrives in Venezuela with a cargo of gasoline, 2020 (file image) Published Oct 26, 2020 8:22 PM by The Maritime Executive Another satellite signal showed the tanker sailing though the Indian Ocean to sell its cargo in East Asia before returning to Iran. National Iranian Tanker Company (NITC) as owner List of Vessels 13599, OFAC identified 37 NITC-affiliated entities and vessels in which NITC has an interest. To raise money, Tehran is planning a public listing of NITC. The tanker changed its destination several times between August 15 and September 3. On August 5, Britain formally said it would join the United States in a new international maritime security mission to protect shipping in the Persian Gulf. The law also imposed sanctions on foreign banks conducting business with Iran. WE NOW HAVE VISUAL CONFIRMATION S>| Before sanctions, Tehran leased idle vessels to major oil companies. National Iranian Tanker Co (NITC) (9.7 mill dwt, plus at least three VLCCs, chemical . Iran also changed the names of its tankers to confuse global ship-monitoring systems. 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. 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. The United States, European Union, and United Nations lifted or suspended certain sanctions. 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. As of 2015, Iran has 42 very large crude carriers or, This page was last edited on 10 October 2022, at 01:38. 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. Select Other Languages. Foreign companies suspended contracts in Iranian oil and gas fields and deferred bidding on new investments. In April 2012,Iranagain reflaggedthe tankerto Bolivia whileit wascarrying smuggled oil through the Suez Canal. The National Iranian Oil Company (NIOC) had to offer greater incentives to negotiate contracts for supplies formerly sold to U.S. companies. 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. endstream endobj 127 0 obj <>stream It also owns three chemical vessels and a liquefied petroleum gas ( LPG) carrier. THE NATIONAL COMPANY TRADING IN INTERNATIONAL OIL TRANSPORTATION MARKET WITH YOUNGEST TANKER FLEET O National iranian tanker co. | Tehran NITC's revenues during the last Iranian year (ended March 20, 2009) reached $1.5 billion. NITC has also played a significant role in oil deals used to generate revenue for the IRGC-QF and Hizballah. 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. 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. Trump Administration Announces New Sanctions on Iranian Shipping [2] NITC has a capacity of 11 million tons per year. Entities affiliated with Designated / Sanctioned / Illicit entities. Cancel. 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. It is the biggest tanker company in the Middle East. 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. Jewish Students Reported a Professor for Anti-Semitism. It had a total shipping capacity of 14.1 million tons, or 102 million barrels, the NITC reported. @` Valuable research and technology reports. sanctions on Syria. GrayList is a list of all companies, organizations and figures out of Iranian borders, and doing business with Iran. 123 0 obj <> endobj In 2012, Iran purchased 12 additional supertankers from Chinese shipyards, which expanded its fleet from 39 to 51 tankers. E.U. View the current operators and vessels risk level via a free - trial Interesting detail about Stk Ayan: What does it have to do with Bumerz Shipping? The contracts were either for single voyages or time-charter agreements, which permit companies to charter ships for a set period of time. : #NITC pic.twitter.com/R83xRqAq7i. The Sabiti had previously delivered one million barrels of oil to Syria, according to Tanker Trackers in September 2019. National Iranian Tanker Company shuffling front companies for tanker fleet ", "Just last month, China brokered an agreement with Iran and Saudi Arabia which reflected Chinas growing influence in Iran," she said.
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