As at 2011, NITC ranks as the fifth-biggest tanker operator worldwide, with a total of 43 ships. The state-owned enterprise says it has ordered 16 other oil tankers that will join its current fleet of 45 carriers by 2011. The system was designed to avoid collisions and aid in search-and-rescue operations. "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.". 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. 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. National Iranian Tanker Company (NITC) as owner List of Vessels In the early 1970s, it became the 19th largest oil company in the world, comparable to other medium-sized companiesItalys ENI or private U.S. companies such as the Atlantic Richfield Company and Occidental. 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. In 2012, Iran purchased 12 additional supertankers from Chinese shipyards, which expanded its fleet from 39 to 51 tankers. According to various reports, the Iran-based shipping companys primary rivals like Japans Nippon Yusen Kaisha, Mitsui O.S.K. 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. In 2019, Iran had insufficient on-shore space to store excess oil while searching for buyers, so it stored oil on large tankers that either sailed in circles around the Persian Gulf or docked in Irans territorial waters. Gibraltar released the oil tanker on August 15, after Tehran provided written guarantees that the ship would not deliver oil to Syria. "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. 5. 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. Foreign maritime officials were also more likely to search ships with an Iranian flag. 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. 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. [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. Irans fleet totaled at least 54 tankers, including 38 VLCCs and eight Suezmaxes, according to Lloyds List Intelligence. Iran Seizes Chinese Oil Tanker, Raising Questions About The Two 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. London claimed it would coordinate with the United States Operation Sentinel campaign but launched its own initiative to include European countries that would not contribute to a U.S.-led force. It was originally run by the state under both the monarchy and the theocracy. 0wLE/{es"VjZ15I]U|{"Tu UUT.XEJ[>K= E!$\Sov^3yeBv5x?&xnx}3q=% 5w We identify risk of entities by COLOR selection, each color marks the risk level of the entity. GrayList is a list of all companies, organizations and figures out of Iranian borders, and doing business with Iran. Iran was forced to relist ships under its own flag, which in turn led foreign companies to be less willing to accept deliveries. [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.". Iran oil exports on the rise as national tanker fleet reflags In 2019, the Adrian Darya-1originally named the Grace 1became the most infamous case of tanker deception. The large percentage of tankers devoted to storage reduced Irans export capacity. 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. E.U. Interesting detail about Stk Ayan: What does it have to do with Bumerz Shipping? Each tanker reemerged with a change in draft, the measurement of a ships depth in the water. Comprehensive company profiles. 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. 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. Large VLCC tankers linked to Chinas National Petroleum Company reportedly conducted ship-to-ship transfers of Iranian crude off the coast of Malacca. 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. 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. 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. The rest of the fleet traveled in stealth mode. 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$ 13599 for meeting the definition of the term Government of Iran", Status:Top Alert Entity designated / sanctioned for terror, WMD and human rights violation. TEHRAN- Irans Oil Minister Javad Oji praised the performance of National Iranian Tanker Company (NITC) Head Hossein Shiva in the cabinet meeting on Wednesday, Irans Maritime News Agency (MANA) published on Friday. Before sanctions, Tehran leased idle vessels to major oil companies. Tehran has employed four tactics to circumvent sanctions so it can continue to peddle its oil: Iran has bragged about beating the sanctions regime. On July 22, the United Statesannounced Operation Sentinel, an international maritime coalition to protect vital shipping routes in the Persian Gulf. All quotes delayed a minimum of 15 minutes. sanctions on Syria. ,VncwJlCB P4WJz'(N9I'"rP$!0L8(YeeLJ*@SMeiA0("m:@qZ;M%Q3HJC#CBi3dax b'0=(@ B The ship was tracked off the coast of Tartus, Syria. Before We Thank Iran's Tanker Fleet Valuable research and technology reports. Jungman, whose advocacy group closely tracks the regime in Tehran, described the timing of the incident as "peculiar. Currently sailing under the flag of Iran. 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 State Department declined to immediately comment on the situation Thursday, instead directing questions to the Pentagon. @` Beijing is the biggest buyer of heavily sanctioned Iranian crude oil, importing at least $22 billion worth since President Joe Biden took office. FACT CHECK: Is Tom Brady's New Girlfriend Jewish? #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 Iranian Oil Shipper Hopes to Make Up for Lost Time as Sanctions End St Kitts and Nevis deflags 36 tankers owned by biggest dark fleet owner In 1980, Iraq invaded Iran. Iran denied the claim but refused to name the buyer. Iran's seizure of a Chinese-owned oil tanker in the Gulf of Oman on Thursday signals that even Tehran's closest allies are subject to its malign . Global Tankers - IFMAT In August 2019, with exports plummeting, Iran needed only 42 of its tankers to ship oil. Formerly also known as DAN, JUSTICE, DADGAR. 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). At least 25 tankers owned by Iran's National Iranian Tanker Company have not posted any update of their position by satellite using the Automatic Identification System (AIS) since November 10, according to S&P Global Platts trade flow software cFlow. Adam Kredo and Reuters. [1] As of 2011, NITC was owned by funds managing pensions for 5 million Iranians. 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. Get the latest business insights from Dun & Bradstreet. Entities in a problematic sector - Sector controlled by the Top Alert entities. By 1974, the fleet included four tankers. Entities in a problematic sector - Sector controlled by the Top Alert entities. In 2012, ships smuggling Iranian oil began turning off tracking signals and stopped reporting positions when they neared ports to mitigate buyers anxieties. Tehran soon struggled to find buyers for its oil. This includes a drone attack last year on an Israeli-owned tanker. Saheb Sadeghi, the NITC head of public relations, said that the missiles were possibly fired from Saudi territory. In the shipping industry, transfers are commonly used to break up large shipments into smaller cargoes. Iran also changed the names of its tankers to confuse global ship-monitoring systems. 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 V All of the fleet is listed by Ofac, covering at least 54 tankers, including 38 VLCCs and eight suezmaxes according to Lloyd's List Intelligence. Real-time trigger alerts. Naval Command in Bahrain said in a statement. Iran navy seizes tanker near Oman that was on way to Houston Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. In a depressed global shipping sector, Iran offers a rare business opportunity. We need approvals and then we start placing orders in 2016 it takes 2-3 years to take delivery of ships, Sardashti said. 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 . Many of these companies terminated contracts with the NITC after the Trump administration reinstated sanctions on Irans shipping industry in November 2018. By 2019, Iran had 54 tankers, including 38 very large crude carriers, or VLCCs, and eight Suezmaxes, according to Lloyds List Intelligence. 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. BlackList is a list of all companies, organizations and figures who originate from Iran. Irans talks with South Korea about the purchase of 10 new supertankers were delayed by U.S. sanctions. 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. Oil was discovered in Khuzestan province in the southwest of the Islamic Republic of Iran. 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. 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. 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; Additionally, pursuant to E.O. . Info: National Iranian Tanker Company operates as an independent shipping company in Iran. 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. The Anglo-Persian Oil Company built the Abadan oil refinery on the Persian Gulf. 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. Fleet As at 2010, the company operated 28 Very Large Crude Carriers ( VLCC ), nine Suezmax and five Aframax tankers. Iranian ships engaged in smuggling regularly changed their namesnotably the Grace 1 became the Adrian Darya 1to obfuscate illicit activities. 13599, OFAC identified 37 NITC-affiliated entities and vessels in which NITC has an interest. 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. As a result, Tehran increasingly relied on its national fleet. ", "Just last month, China brokered an agreement with Iran and Saudi Arabia which reflected Chinas growing influence in Iran," she said. TEHRAN- Iranian Merchant Mariners Syndicate (IMMS) appreciated the efforts made by the National Iranian Tanker Company and honored the companys Managing Director Hossein Shiva for making constructive changes and removing many human resources problems in this company. Yards in China that could participate include Dalian Shipbuilding and Shanghai Waigaoqiao Shipbuilding. Irans tanker fleet is vulnerable to attacks and sabotage. New managing director outlines NITC's goals, priorities Their University Retaliated Against Them. BlackList is a list of all companies, organizations and figures who originate from Iran. 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. Iranpurchased12additionalsupertankers fromChineseshipyards,whichexpanded its fleet from 39 to 51 tankers. Foreign companies beganwithdrawingfrom Iran rather than risk running afoul of U.S. sanctions. During the conflict, Iraq attacked tankers ferrying Iranian oil, mainly at the northern end of the Gulf. National Iranian Tanker Company - Wikipedia TehranusedaMaltesefront company to disguise theTours ownership and hide its connection to the Iranian government. Reflagging tankers allowed Tehran plausible deniability for smuggling oil and breaking sanctions under the cover of foreign flags. Jun 23 2020 (May 7, 2020) - Iran has shuffled the web of companies that own its oil tankers in recent months, forming five new firms in Belize while it shut down over a dozen front companies in the Carribean nation. Ns [9], NITC expects by 2013 to have 74 ships of all sizes, including very large crude carriers, or VLCCs, and also smaller vessels. As a result, Tehran increasingly relied on its national fleet. [3], As at 2010, the company operated 28 Very Large Crude Carriers (VLCC), nine Suezmax and five Aframax tankers. It accounted for five to six percent of global production. All Content by Mehr News Agency is licensed under a Creative Commons Attribution 4.0 International License. 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. Chinese companies appeared more hesitant to do business with Iran for fear of financial penalties. British authorities claimed the ship was attempting to smuggle oil to Syria in violation of E.U. Iran used ship-to-ship transfers to conceal oil sales. The Millionaire was owned by the NITC but was flagged to Tanzania. The so-called Tanker War was launched in March 1984 by Iraqs airstrike on Irans Kharg Island oil terminus and several Iranian ships. 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. 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 Millionaire changed its MMSIa code that provides information on a ships identity and positionto match the Lady Rashas number.
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