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. New managing director outlines NITC's goals, priorities 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. But. TPbV8Yum-WZ{Oo;Y2*cG_v>@-IU/u[Mgn??!X2vF?? 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. Entities affiliated with Designated / Sanctioned / Illicit entities. 123 0 obj <> endobj [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. 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. Iran also regained access to the international financial system, repatriated billions of dollars in frozen assets abroad, and returned to the oil market. [2] It is the biggest tanker company in the Middle East. The war made it difficult for Iran to transport oil cheaply because of increased insurance rates on Iranian cargo. We dont have any plan to expand the size but we do have the plan for fleet renewal to replace some of the older ships, Sardashti 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, with exports plummeting, Iran needed only 42 of its tankers to ship oil. Before sanctions, Tehran leased idle vessels to major oil companies. 13599 for meeting the definition of the term Government of Iran", Status:Top Alert Entity designated / sanctioned for terror, WMD and human rights violation. hb```a``r Q [1] As of 2011, NITC was owned by funds managing pensions for 5 million Iranians. The Sabiti stopped transmitting its position in August near the Iranian port city of Bandar Abbas. Be sure. "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. [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. Iran navy seizes tanker near Oman that was on way to Houston 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. Tehran formed the National Iranian Oil Company (NIOC) to manage its oil exports. It also agreed to freeze the assets of Irans central bank in the European Union. 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. 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. , Send . Published under: All Content by Mehr News Agency is licensed under a Creative Commons Attribution 4.0 International License. hbbd``b`6! 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. It targeted companies conducting business with Irans national oil company and tanker fleet, such as insurers and shippers. DUBAI, United Arab Emirates (AP) Iran's navy seized a Marshall Islands-flagged oil tanker in the Gulf of Oman on Thursday heading to the U.S. amid wider tensions over Tehran's nuclear . 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. Ownership of the NITC has been murky. The #AdrianDarya1 is still fully laden and sitting in the anchorage of Baniyas. All fleet vessels KPI benchmarked against fleet averages to manage your company's risk and opportunities. Since February, four other recently-formed firms in Belize have acquired Iranian oil tankers. Each country is responsible for the activities of the ships flying its flag and must ensure they abide by international maritime law. The NITC expanded its operations to keep up with Irans increasing oil exports. NITC has a capacity of 11 million tons per year. In March 2019, Iran used 12 tankers, over a fifth of its fleet, for floating storage of unsold stocks, according to MarineTraffic. Irans Oil Tanker Adrian Darya Reaches Destination: Spokesman https://t.co/qoTebdHUkq pic.twitter.com/f6FM9AhTgB. 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. [9], NITC expects by 2013 to have 74 ships of all sizes, including very large crude carriers, or VLCCs, and also smaller vessels. During the same period, at least six other Iranian ships were tracked using similar tactics for covert deliveries to China. [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. As the Grace 1, the tanker was originally flagged as a Panamanian vessel; it was seized by Gibraltar on July 4. But the years of sanctions mean that Iran needs cash to modernize 20 large tankers within the next 2-3 years in what would be one of the biggest shipping orders of the past years, worth up to $1.5 billion based on average prices for new tankers. RHOUFIRI HAMID Company Profile - Dun & Bradstreet Iran used the practice to transfer crude oil from its tankerseither stationed near a port or out at seato a non-Iranian vessel to mask the fact that the true origin of the oil is from Iran and to introduce it into the global market as if it were non-Iranian oil, according to the U.S. Treasury. In Irans tanker fleet, 11 VLCCs and Suexmaxes were built in 1999 or earlier, according to the Equasis shipping database. In 2019, Tehran faced another problem: It needed to modernize its aging oil tanker fleet; 16 of Irans 54 tankers were at least 19 years old, according to international shipping records. The privatization was purportedly a fictional scheme to shield NITC from sanctions. All quotes delayed a minimum of 15 minutes. To raise money, Tehran is planning a public listing of NITC. China National Iranian Tanker Company has taken delivery of its newly built VLCC from China s Shanghai Waigaoqiao Shipyard and the vessel is currently sailing toward Singapore, sources said Thursday. The tanker is managed by a company based in Turkey, another country that has maintained generally good relations with Tehran. We need approvals and then we start placing orders in 2016 it takes 2-3 years to take delivery of ships, Sardashti said. [2] It is the biggest tanker company in the Middle East. International sanctions were lifted in 2016, six months after a nuclear deal with the worlds six major powers limited Irans nuclear program. TEHRAN Hossein Shiva, who was appointed as the new head of the National Iranian Tanker Company (NITC) recently, has outlined the major programs, goals, and priorities of the company during his tenure. ~$@RRXU"JW%o!hCA#{~toGcKX)|fMG5Z>F;gdzm,9CX4K, 683R,4 P AE#h>C#7J_0 > 4Em5r6[Q[-W/uww_:{R'_+qY5U(""=3x{9FG\\er[yh A,\'l#IZsrDSh$bcXXaOpkgD_0( sk&D6. In all six cases, the Iranian tanker left the Eastern Mediterranean riding lighter, which indicated that the ship had unloaded its cargo. June 9 The U.N. Security Council adopted Resolution 1929 which tightened proliferation-related sanctions on Iran. "Irans actions are contrary to international law and disruptive to regional security and stability. The tactic was used to confuse tracking systems and conceal the vessels destination. 162 0 obj <>stream 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. Oil, Obama's Man in China Now Beijing's Man in Washington, Hunter Biden's Hollywood Attorney Now Controls His Stake in Chinese Private Equity Firm. #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 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. 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. The so-called Tanker War was launched in March 1984 by Iraqs airstrike on Irans Kharg Island oil terminus and several Iranian ships. 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. Iranian company to build 113,000-ton oil tanker for NITC | Hellenic Shipping News Worldwide Got it This website uses cookies to ensure you get the best experience on our website. [2] NITC has a capacity of 11 million tons per year. It had a total shipping capacity of 14.1 million tons, or 102 million barrels, the NITC reported. [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. Entities in a problematic sector - Sector controlled by the Top Alert entities. 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. The company has purchased 20 oil tanker vessels from China over the course of the past two and a half years. 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 the shipping industry, transfers are commonly used to break up large shipments into smaller cargoes. GrayList is a list of all companies, organizations and figures out of Iranian borders, and doing business with Iran. Irans tanker fleet is vulnerable to attacks and sabotage. [citation needed]. The rest of the fleet traveled in stealth mode. 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. But the sanctions had limited short-term effect on Irans economy. [9] The state-owned enterprise says it has ordered 16 other oil tankers that will join its current fleet of 45 carriers by 2011. 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. As a result, Tehran increasingly relied on its national fleet. Iran also changed the names of its tankers to confuse global ship-monitoring systems. During the conflict, Iraq attacked tankers ferrying Iranian oil, mainly at the northern end of the Gulf. "Irans continued harassment of vessels and interference with navigational rights in regional waters are a threat to maritime security and the global economy.". WATCH: Joe Biden's Senior Moment of the Week (Vol. 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. Name Design Reg.Nr IMO Yard Nr Built Port Remarks; Baikal: Tankers: 27101: 9357353: S317: 28.05.2008: Zanzibar: As of 2011, NITC was owned by funds managing pensions for 5 million Iranians. Each ship was assigned a unique IMO code, which made it possible for maritime intelligence companies to track the ships despite their name changes. The Europeans, China and Russiathe other partners to the dealcontinued to honor its terms. The war made it difficult for Iran to transport oil cheaply because of increased insurance rates on Iranian cargo. National iranian tanker co. | Tehran - Facebook 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. Souri commented that the National Iranian Tanker Company has purchased five ships while the others were bought within the private sector. 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. 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. 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. NITC expects by 2013 to have 74 ships of all sizes, including very large crude carriers, or VLCCs, and also smaller vessels. [1] As of 2011, NITC was owned by funds managing pensions for 5 million Iranians. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action. National Iranian Tanker Company - Wikipedia Aug. 1 The U.S. Congress passed The Iran Sanctions, Accountability, and Human Rights Act. The NITC began operations in 1955 with one 35,000-ton tanker. We sort entities who are connected with terrorist activities, in two sections, first by risk and second by geolocation. The Millionaire was owned by the NITC but was flagged to Tanzania. Each tanker reemerged with a change in draft, the measurement of a ships depth in the water. "It seems peculiar that Iran would then look to seize a tanker owned by its largest trading partner.". Iranian ships engaged in smuggling regularly changed their namesnotably the Grace 1 became the Adrian Darya 1to obfuscate illicit activities. NIOC and NITC provide both the oil and tankers for the sale of Iranian oil by the IRGC-QF. An Iranian official said that Tehran was looking at all options, which included finding new ships in Vietnam and Greece. NITC has also played a significant role in oil deals used to generate revenue for the IRGC-QF and Hizballah. The Iran Astaneh was an Iranian oil tanker registered to the NITC. %%EOF 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. 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. 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. It also owns three chemical vessels and a liquefied petroleum gas ( LPG) carrier. ;.v;Jpf:fNpLhtCPe0 Comprehensive company profiles. Get the latest business insights from Dun & Bradstreet. 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. Iran stated its intent to continue with the deal if its economic benefits could be guaranteed. , 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. In August 2019, with exports plummeting, Iran needed only 42 of its tankers to ship oil. The Iranian government should immediately release the oil tanker," U.S. He noted that oil sales accounted for up to 40 percent of Irans revenue. Iran denied the claim but refused to name the buyer. , Iran's army claimed it had seized a Marshall Islands-flagged oil tanker in the Gulf of Oman after it collided with an Iranian boat, injuring several crewmen, Iranian state media reported. "Or, it could be in response to the sanctions on the 24th [of April] by the U.S. against personnel in Iran connected to the IRGC.". @` 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. The State Department declined to immediately comment on the situation Thursday, instead directing questions to the Pentagon. We are planning to list NITC first on local exchanges and then we will go for overseas listing to raise funds, said Sardashti, adding that it still needed to obtain board approval. 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. 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. Tehran has employed four tactics to circumvent sanctions so it can continue to peddle its oil: Iran has bragged about beating the sanctions regime. National Iranian Tanker Company operates as an independent shipping company in Iran. NITC will operate 50 VLCCs at that time, up from 28 in 2010. The contracts were either for single voyages or time-charter agreements, which permit companies to charter ships for a set period of time. GeoLocation divisions are divided into two fields, Black List and Gray List. Operation Sentinel will escort flagged vessels of participating nations in coordination with European, Asian and Middle Eastern allies. Irans brazen seizure of the ship is raising alarm bells with regional experts who say that Tehrans terrorism has gotten so out of control that not even China, a close ally of the Islamic nation, is immune to its escalating provocations. Currently sailing under the flag of Iran. Visits Total: 19989509 | Last Month: 514882, IFMAT | Iran , Iranian Regime Frauds, Manipulations, Atrocities Human Rights Violations, Threats and Terror. 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. Iran NITC takes delivery of new VLCC from China, vessel heads for ! D>+` National Iranian Tanker Company (Nitc), AMBER, fleet safety risk rated. : #NITC pic.twitter.com/R83xRqAq7i. SANSONE Company Profile | TOURCOING, HAUTS DE FRANCE, France 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. The NITC owned 66 total oil tankers. Many of these companies terminated contracts with the NITC after the Trump administration reinstated sanctions on Irans shipping industry in November 2018. All our content comes from Wikipedia and under the Creative Commons Attribution-ShareAlike License. G=xN>kEWfWVqLg%{V>Fh}@q:>K8OJGvl!/1lrZj/dGn?R\3X-'Z[j?O\gZy//W\m&s5\sW`iu|%AM0e~&Q>J7e0/:kY?#=%lc@R~H;40$l 7?% fu - `BCo$ National Iranian Tanker Company (NITC) as owner List of Vessels TEHRAN - Hojjatollah Abdolmaleki, the minister of cooperatives, labor, and social welfare, has praised the performance of the National Iranian Tanker Company (NITC) during a visit to the 26th International Oil, Gas, Refining and Petrochemical Exhibition of Iran (Iran Oil Show 2022). Its transmissions resumed on October 11, shortly after the incident. In 2012, ships smuggling Iranian oil began turning off tracking signals and stopped reporting positions when they neared ports to mitigate buyers anxieties. Oil was discovered in Khuzestan province in the southwest of the Islamic Republic of Iran. @B$A, $X JX3h=2 .! These states maintain an open registry, which allows ship owners to register vessels without ties to the country. Their University Retaliated Against Them. Iran navy seizes tanker near Oman that was on way to Houston Reason for the color: Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasurys Office of Foreign Assets Control (OFAC) on October 26, 2020 pursuant to Executive Order 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services in support of, the IRGC-QF; Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasurys Office of Foreign Assets Control (OFAC) on November 5, 2018, identified pursuant to E.O. Ns hxwX0`{+ *DX"K/6DX`)R "Rb5)j5$Y|{y=9k 0"0000e]>!=#lwn*1 y b:@Uz$ah!)+b`ls4 =i> 80 xOlRwhggp"0)xF, In the managed fleet are 10 VLCCs, seven Suezmaxes, 18 Aframaxes, two LR1s, 16 The tankerdeliveredoil to the Assad regime at least three times between March 2012 and April 2013, according to theU.N. report. 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. Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD. July 12 The United States first designated the NITC. If Iran is willing to risk confrontation with Beijing, it also may not hesitate to restart conflict with Riyadh. By 2019, Iran had 54 tankers, including 38 very large crude carriers, or VLCCs, and eight Suezmaxes, according to Lloyds List Intelligence. 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. Iran used ship-to-ship transfers to conceal oil sales. One tanker, Henna, was acquired by the Panama-registered Hectar Shipping. By 1974, the fleet included four tankers. Another satellite signal showed the tanker sailing though the Indian Ocean to sell its cargo in East Asia before returning to Iran. Between January and July 2019, Panama delisted over 50 Iranian tankers. 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. All of these companies have a registered address with the National Iranian Tanker Company (NITC), indicating they serve as fronts. NITC recently made an announcement that its navy currently has a total of 42 super-tanker vessels with VLCCs. 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. [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. Between 1984 and 1988, a total of 451 ships were hit in the Gulf. Get the latest online operator and fleet vessel safety risk warnings with easy to use red, amber and green safety warning. National Iranian Tanker Co; See All See Less Related Places Dubai; See All . The vessel is reportedly carrying 750,000 barrels of Kuwaiti crude oil and is chartered by Chevron. To disguise ship identities, Iran also reflagged some of its tankers on the open waters to add an extra layer of protection to smuggling operations. 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. NITC Has Biggest Supertanker Fleet In The World - VesselFinder National Iranian Tanker Co (NITC) (9.7 mill dwt, plus at least three VLCCs, chemical . According to the club's website, Kish P&I Club offers between $500,000and . E.U. IRGC 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.
Kroger Milk Expiration Date, Paul Mishoe Death, Articles N