If there is an art that we have perfected in Iran, and we can teach it to others for a price, it is the art of evading sanctions, Foreign Minister Mohammad Javad Zarif said, in December 2018, at the Doha Forum. 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. [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. As the Grace 1, the tanker was originally flagged as a Panamanian vessel; it was seized by Gibraltar on July 4. NIOC and NITC provide both the oil and tankers for the sale of Iranian oil by the IRGC-QF. [10], 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 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 Iran has seized at least five commercial vessels traveling through the region in the past two years, likely in response to American and European efforts to increase sanctions on the IRGC. NITC serves Iran not only as a vehicle for. [3], As at 2010, the company operated 28 Very Large Crude Carriers (VLCC), nine Suezmax and five Aframax tankers. TOP 30 TANKER COMPANIES The managed fleet list shows 55 vessels, although charters increase that figure considerably. Iran has the worlds fourth-biggest proven oil reserves but its exports have slumped from a pre-sanctions peak of over 3 million barrels per day (bpd) to little over 1 million bpd as the restrictions left it with only a few customers, largely in Asia. April 22 The United States announced that it would stop granting sanctions exemptions to eight countries that imported Iranian oil: India, China, Turkey, Italy, Greece, South Korea, Taiwan, and Japan. The NITC owned 66 total oil tankers. Update now. [1] It had a total shipping capacity of 14.1 million tons, or 102 million barrels, the NITC reported. Butthe National Iranian Oil Company later dismissed that possibility. [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. When you do Business with Iran this is what you pay for, Iranian Regime is infecting Business World with Cancer, World Map Countries who are Helping Iranian Regime, Mostazafan Foundation Network Association Chart, Mapna Group controlled by Iranian Regime Operational Scheme, Iran Foreign Investment Company (IFIC) Operational Scheme, Mostazafan Foundation Operational Scheme, Bonyad support network IRGCs financial lifeline, Iranian twitter and Instagram influence operation Soleimanism, EU Universities are helping Iran regime drone program, NIAC is Iran Regime controlled lobby in America, Iranian Diplomatic Infrastructure for Terrorism in the world, Iran Foreign Investment Company (IFIC) Report #2, IRGCs Involvement and Stake in the Iranian Telecommunications sector, Iran Foreign Investment Company (IFIC) and ASCOTEC, Iran airports report Revolutionary Guards control of Iranian airports, Islamic Revolutionary Guard Corps Irans cancer, Iran and Qatar joint venture-supporting terrorism, Insurers in love with the dark side Part II, Dont Make Them Do, What You Dont Believe In, Hossein Rahban, a veteran senior operative in Quds Forces Department 400. ", "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. Irans total shipping capacity increased from 61.5 million barrels to 85.5 million barrels. Its services include shipping refined petrochemicals, transporting crude oil, rescuing lives at large oceans and sea, training oil spill task forces, and training services; NITC is a subsidiary of the National Iranian Oil Company, which was privatized in 2009. The war made it difficult for Iran to transport oil cheaply because of increased insurance rates on Iranian cargo. Visits Total: 19988117 | Last Month: 514882, IFMAT | Iran , Iranian Regime Frauds, Manipulations, Atrocities Human Rights Violations, Threats and Terror, Identified pursuant to E.O. RHOUFIRI HAMID Company Profile - Dun & Bradstreet It also allows local maritime authorities to monitor traffic around their border using on-shore receivers. Again, won't be able to deliver to either Baniyas or Tartous without offloading a million barrels via a Ship-to-Ship transfer first. The National Iranian Oil Company (NIOC) had to offer greater incentives to negotiate contracts for supplies formerly sold to U.S. companies. NITC has also played a significant role in oil deals used to generate revenue for the IRGC-QF and Hizballah. The Trump administration's stated goal was to bring Iranian exports down to zero. NITC recently made an announcement that its navy currently has a total of 42 super-tanker vessels with VLCCs. 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. The system was designed to avoid collisions and aid in search-and-rescue operations. TEHRAN The shipments of crude oil and oil products by the fleet of the National Iranian Tanker Company (NITC) have increased significantly over the past few months, according to the Iranian Minister of Cooperatives, Labor and Social Welfare. U.S. Sanctions Irans IRGC for Hostage-Taking, Timeline: Assassinations of Iranian Clerics, U.S., British & E.U. The company has purchased 20 oil tanker vessels from China over the course of the past two and a half years. "It seems peculiar that Iran would then look to seize a tanker owned by its largest trading partner.". Meet the Green Energy Group Behind the Study That's Driving Calls To Ban Gas Stoves. As of 2011, NITC was owned by funds managing pensions for 5 million Iranians. 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. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action. It was also the first well in the Middle East. BlackList is a list of all companies, organizations and figures who originate from Iran. View the current operators and vessels risk level via a free - trial The tankerdeliveredoil to the Assad regime at least three times between March 2012 and April 2013, according to theU.N. report. 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. 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. NITC has a capacity of 11 million tons per year; NITC, a subsidiary of NIOC, is responsible for the transportation of Iranian crude exports. The rest of the fleet traveled in stealth mode. Foreign companies beganwithdrawingfrom Iran rather than risk running afoul of U.S. sanctions. Chinese companies appeared more hesitant to do business with Iran for fear of financial penalties. 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. Beijing is the biggest buyer of heavily sanctioned Iranian crude oil, importing at least $22 billion worth since President Joe Biden took office. Meanwhile, over a dozen of these Belize-based front companies, all sanctioned by the US, have become inactive, data from the International Business Companies Registry of Belize reveals. 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. Linesand the Belgium-based Euronav NVhave all confirmed having fewer tankers at their disposal. As a result, Tehran increasingly relied on its national fleet. The ship was tracked off the coast of Tartus, Syria. It targeted companies conducting business with Irans national oil company and tanker fleet, such as insurers and shippers. 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. Iran seizes oil tanker in Gulf, U.S. Navy says | Reuters 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. The following are documented cases of Iranian ships engaged in oil smuggling operations. During the same period, at least six other Iranian ships were tracked using similar tactics for covert deliveries to China. National Iranian Tanker Company shuffling front companies for tanker fleet [3]. 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. Cancel. Entities affiliated with Designated / Sanctioned / Illicit entities. 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. 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. Britain also announced its own European-led maritime protection mission to safeguard international shipping lanes. The vessel is reportedly carrying 750,000 barrels of Kuwaiti crude oil and is chartered by Chevron. Gibraltar released the oil tanker on August 15, after Tehran provided written guarantees that the ship would not deliver oil to Syria. Comprehensive company profiles. sanctions on Syria. On July 22, the United Statesannounced Operation Sentinel, an international maritime coalition to protect vital shipping routes in the Persian Gulf. 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. Formerly also known as DAN, JUSTICE, DADGAR. 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. NITC will operate 50 VLCCs at that time, up from 28 in 2010. Our Standards: The Thomson Reuters Trust Principles. Valuable research and technology reports. 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). 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. endstream endobj 127 0 obj <>stream In 2012, only seven of Irans 25 supertankers operated on-board transponders. ~$@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. 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. 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. The Sea Dragon was renamed the Nexo; the Ming Zhu was renamed the Artemis; and the Gas Infinity was renamed the Echo Star, according to data from Kpler. The #AdrianDarya1 is still fully laden and sitting in the anchorage of Baniyas. June 9 The U.N. Security Council adopted Resolution 1929 which tightened proliferation-related sanctions on Iran. The act imposed tough penalties on companies found investing more than $20 million a year in Irans oil and gas industry. The NITC had a total fleet of four tankers. 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. Entities in a problematic sector - Sector controlled by the Top Alert entities. NITC expects by 2013 to have 74 ships of all sizes, including very large crude carriers, or VLCCs, and also smaller vessels. Under international maritime law, merchant ships must be registered with a country. 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. 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. 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. See here for a complete list of exchanges and delays. hbbd``b`6! Aug. 5 - The U.S. Congress passed the Iran-Libya Sanctions Act to deter foreign investment in Irans energy sector. Iran Seizes Chinese Oil Tanker, Raising Questions About The Two 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. Before sanctions, Tehran leased idle vessels to major oil companies. %PDF-1.4 % Iran denied the claim but refused to name the buyer. Ownership of the NITC has been murky. NITC Plans Domestic, Overseas Public Listing | Financial Tribune The state-owned enterprise says it has ordered 16 other oil tankers that will join its current fleet of 45 carriers by 2011. Get the latest online operator and fleet vessel safety risk warnings with easy to use red, amber and green safety warning. It has stored oil on its tanker fleet at sea while it searched for potential buyers willing to risk U.S. sanctions. NITC Has Biggest Supertanker Fleet In The World. when traveling international routes. NITC recently made an announcement that its navy currently has a total of 42 super-tanker vessels with VLCCs. If Iran is willing to risk confrontation with Beijing, it also may not hesitate to restart conflict with Riyadh. , View original page. All of these companies have a registered address with the National Iranian Tanker Company (NITC), indicating they serve as fronts. It also owns three chemical vessels and a liquefied petroleum gas (LPG) carrier. Britain, France and Germany moved to salvage the accord. Iran programmed the tankers GPS system to send incorrect satellite signals that confused global tracking systems. [2] 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. that continuously broadcasts their location. [2] NITC has a capacity of 11 million tons per year. [2] NITC has a capacity of 11 million tons per year. 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. We need approvals and then we start placing orders in 2016 it takes 2-3 years to take delivery of ships, Sardashti said. Current prices for a new VLCC is $93-$94 million, according to shipping broker Clarkson. , In December 2013, the U.S. Treasury sanctioned the ship for its role in facilitating the illegal sale of Iranian oil. In September 2008,theUnited Statesannouncedsanctions onTehransshipping industry, which prompted Iran touse foreignfront companies tomaskownership of its tanker fleet. [1] As of 2011, NITC was owned by funds managing pensions for 5 million Iranians. It also imposed sanctions on foreign banks conducting business with Iran. Name Design Reg.Nr IMO Yard Nr Built Port Remarks; Baikal: Tankers: 27101: 9357353: S317: 28.05.2008: Zanzibar: Although all the tankers are double hull and comply with international regulations, they are getting old as the life of a trading VLCC is 15-17 years. In 2009, in a move aimed at further enhancing Iran's shipbuilding industry, President Mahmoud Ahmadinejad said he will ban the purchase of foreign ships by Iranian organizations. May 8 President Trumpannouncedthe U.S. withdrawal from the 2015 nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), and reimposition of sanctions on Iran. Find out more. There is not a single company in the world to own so many VLCCs, commented Nasrollah Sardashti, commercial director for NITC. 0wLE/{es"VjZ15I]U|{"Tu UUT.XEJ[>K= E!$\Sov^3yeBv5x?&xnx}3q=% 5w [2] It is the biggest tanker company in the Middle East. "Irans continued harassment of vessels and interference with navigational rights in regional waters are a threat to maritime security and the global economy.". Adam Kredo and Reuters. Munro Anderson, a partner at the maritime security company Dryad, said Iran usually detains vessels for "leverage or signaling. One tanker, Henna, was acquired by the Panama-registered Hectar Shipping. Iran has relied on a series of front companies, dozens of them registered in Belize, for tankers under its control. By 2019, Iran had 54 tankers, including 38 very large crude carriers, or VLCCs, and eight Suezmaxes, according to Lloyds List Intelligence. National Iranian Tanker Co (NITC) (9.7 mill dwt, plus at least three VLCCs, chemical . 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. Yards in China that could participate include Dalian Shipbuilding and Shanghai Waigaoqiao Shipbuilding. Published under: National Iranian Tanker Company | Detailed Pedia 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. 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. Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD. E.U. Souri commented that the National Iranian Tanker Company has purchased five ships while the others were bought within the private sector. 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. 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. The United States granted temporary six-month waivers to a few countriesChina, India, South Korea, Turkey, Taiwan, Malaysia, South Africa, Singapore and Sri Lankathat had long depended on Iranian energy. %%EOF Iran became one of the top five oil producers in the world. Comprehensive company profiles. [9] The state-owned enterprise says it has ordered 16 other oil tankers that will join its current fleet of 45 carriers by 2011. After the report, theTour2was listed under different names and flags, including the Sierra Leone and the Togo,butitremained in the service of Iran. Iran was forced to relist ships under its own flag, which in turn led foreign companies to be less willing to accept deliveries. In future months, the Americans themselves will see that we will continue our oil exports, Iranian President Hassan Rouhani said in April 2019. [1] As of 2011, NITC was owned by funds managing pensions for 5 million Iranians. ?oDB=XLlEK4 A`"5SL#j. 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. 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. It's gross tonnage is 164241 tons. 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. "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.". 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. Iran's Tankers and Its Smuggling Tactics | The Iran Primer 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 also changed the names of its tankers to confuse global ship-monitoring systems. The Masjid-i-Solaiman was the countrys first oil well. Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. [citation needed]. These states maintain an open registry, which allows ship owners to register vessels without ties to the country. Iranian Forces Seize Marshall Islands-Flagged Oil Tanker In Gulf Of Oman The National Iranian Tanker Company (NITC) began operations with one 35,000-ton tanker.
What Does Tapping Your Nose Mean In Sign Language,
Articles N
national iranian tanker company fleet list