countries imported 20 percent of Irans oil. BlackList is a list of all companies, organizations and figures who originate from Iran. The Millionaire was owned by the NITC but was flagged to Tanzania. As of 2015, Iran has 42 very large crude carriers or. Each ship was assigned a unique IMO code, which made it possible for maritime intelligence companies to track the ships despite their name changes. ?oDB=XLlEK4 A`"5SL#j. Britain, France and Germany moved to salvage the accord. Ns Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD. Find out more. Panamanian corporate documents reveal that these firms are all run by Iranians with addresses in Tehran. Irans total shipping capacity increased from 61.5 million barrels to 85.5 million barrels. IRGC The rest of the fleet traveled in stealth mode. The tactic was used to confuse tracking systems and conceal the vessels destination. NITC's revenues during the last Iranian year (ended March 20, 2009) reached $1.5 billion. ;.v;Jpf:fNpLhtCPe0 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. It had a total shipping capacity of 14.1 million tons, or 102 million barrels, the NITC reported. After the report, theTour2was listed under different names and flags, including the Sierra Leone and the Togo,butitremained in the service of Iran. Valuable research and technology reports. The National Iranian Tanker Company (NITC) transports Iranian crude exports on behalf of the National Iranian Oil Company. Between 1984 and 1988, a total of 451 ships were hit in the Gulf. The United States militarywhich is a frequent target of IRGC harassment and confrontation in the Persian Gulf regionis reportedly monitoring the situation via its fifth fleet. Under international maritime law, merchant ships must be registered with a country. 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. [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. All quotes delayed a minimum of 15 minutes. TOP 30 TANKER COMPANIES The managed fleet list shows 55 vessels, although charters increase that figure considerably. It also owns three chemical vessels and a liquefied petroleum gas (LPG) carrier. 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. Aug. 1 The U.S. Congress passed The Iran Sanctions, Accountability, and Human Rights Act. The tanker is managed by a company based in Turkey, another country that has maintained generally good relations with Tehran. 5. 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. 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 state-owned enterprise says it has ordered 16 other oil tankers that will join its current fleet of 45 carriers by 2011. GrayList is a list of all companies, organizations and figures out of Iranian borders, and doing business with Iran. 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. 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. 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). WE NOW HAVE VISUAL CONFIRMATION endstream endobj 127 0 obj <>stream 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. 141 0 obj <>/Filter/FlateDecode/ID[<07C23D6E0868A828C100C5491906D705>]/Index[123 40]/Info 122 0 R/Length 93/Prev 415847/Root 124 0 R/Size 163/Type/XRef/W[1 2 1]>>stream 650 people attended the anniversary, 350 from Iran and 300 from overseas. In November 2019, Brian Hook, the U.S. Special Representative for Iran, described Tehrans ageing tanker fleet as a floating liability. U.S. sanctions crippled its ability to buy new ships. ,VncwJlCB P4WJz'(N9I'"rP$!0L8(YeeLJ*@SMeiA0("m:@qZ;M%Q3HJC#CBi3dax b'0=(@ B [2] It is the biggest tanker company in the Middle East. As at 2012, NITC with 40 tankers of 100,000 to 300,000 tons, does not have the long-distance capacity for more than 2 million barrels (300,000 tons) a day in exports. : #NITC pic.twitter.com/R83xRqAq7i. TEHRAN - Iranian Offshore Oil Company (IOOC), in collaboration with the National Iranian Tanker Company (NITC), has started implementing a project for injecting gas condensate into Soroush oil field in the Persian Gulf to maintain its production level. , 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. Chinese companies appeared more hesitant to do business with Iran for fear of financial penalties. Iran used ship-to-ship transfers to conceal oil sales. The NITC expanded its operations to keep up with Irans increasing oil exports. Iran has used its fleet of 54 oil tankersthe second largest state-owned fleet in the worldas a tool to game sanctions to continue selling its oil. Tehran nationalized the oil industry after a series of disputes between the Iranian government and Anglo Iranian Oil Company, which had been administered by the British government. The privatization was purportedly a fictional scheme to shield NITC from sanctions. 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. 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). Jewish Students Reported a Professor for Anti-Semitism. NITC personnel coordinated with the IRGC-QF on the loading of oil provided by NIOC, and NITC Managing Director Nasrollah Sardashti (Sardashti) worked with Hizballah on logistics and pricing for oil shipments to Syria. On September 8, Irans foreign ministry announced that it had finally sold the tankers oil but did not name the buyer. [2] NITC has a capacity of 11 million tons per year. %%EOF 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. Like Belize, Panama is a tax-haven that hosts a number of front companies for Irans tankers. 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. 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. 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. Financial Data. The Deep Cleaner oil tanker is among the most advanced ships of its type when regarding the Middle East region and it comes featuring liquid nitrogen tankers and a permanently integrated nitrogen unit. [2] It is the biggest tanker company in the Middle East. 13599 for meeting the definition of the term Government of Iran", Status:Top Alert Entity designated / sanctioned for terror, WMD and human rights violation. 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. 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. On July 22, the United Statesannounced Operation Sentinel, an international maritime coalition to protect vital shipping routes in the Persian Gulf. It was also the first well in the Middle East. "It seems peculiar that Iran would then look to seize a tanker owned by its largest trading partner.". [1] As of 2011, NITC was owned by funds managing pensions for 5 million Iranians. Britain also announced its own European-led maritime protection mission to safeguard international shipping lanes. Jungman, whose advocacy group closely tracks the regime in Tehran, described the timing of the incident as "peculiar. Tehran has registered the majority of its ships under flags of convenience, including countries such as Panama, Bolivia, Liberia, Togo, and Tanzania. The oil cargo was then covertly delivered to China. June 9 The U.N. Security Council adopted Resolution 1929 which tightened proliferation-related sanctions on Iran. [3], As at 2010, the company operated 28 Very Large Crude Carriers (VLCC), nine Suezmax and five Aframax tankers. NITC recently made an announcement that its navy currently has a total of 42 super-tanker vessels with VLCCs. Iran also changed the names of its tankers to confuse global ship-monitoring systems. S>| [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. 0 In August 1996, U.S. Congress passed the Iran-Libya Sanctions Act that imposed tough penalties on companies found investing more than $20 million a year in Irans oil and gas industry. Entities affiliated with Designated / Sanctioned / Illicit entities. 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. In the shipping industry, transfers are commonly used to break up large shipments into smaller cargoes. 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. (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. TEHRAN Hossein Shiva has been appointed as the new managing director of the National Iranian Tanker Company (NITC), the companys Public Relations Department announced. If Iran is willing to risk confrontation with Beijing, it also may not hesitate to restart conflict with Riyadh. 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. It also owns three chemical vessels and a liquefied petroleum gas ( LPG) carrier. By 2019, Iran had 54 tankers, including 38 very large crude carriers, or VLCCs, and eight Suezmaxes, according to Lloyds List Intelligence. 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. If the deal materialises it will be the first order placed by NITC in over a decade 15 Mar 2022 Analysis Richard Meade @Lloydslisted richard.meade@lloydslistintelligence.com Foreign companies beganwithdrawingfrom Iran rather than risk running afoul of U.S. sanctions. There is not a single company in the world to own so many VLCCs, commented Nasrollah Sardashti, commercial director for NITC. 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. Between 2015 and 2017, the brief window when U.S. sanctions were lifted, the NITC signed 215 contracts to lease its tankers. 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 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. 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. As reported by the NITC's Office of Public Relations, Shiva has underlined preparing a guideline for the company . On August 18, the Grace 1 changed its name to the Adrian Darya-1 and raised an Iranian flag before departing the Gibraltar port. Select Other Languages. Irans Oil Tanker Adrian Darya Reaches Destination: Spokesman https://t.co/qoTebdHUkq pic.twitter.com/f6FM9AhTgB. The tanker changed its destination several times between August 15 and September 3. The so-called Tanker War was launched in March 1984 by Iraqs airstrike on Irans Kharg Island oil terminus and several Iranian ships. In March 2019, Iran used 12 tankers, over a fifth of its fleet, for floating storage of unsold stocks, according to MarineTraffic. The system was designed to avoid collisions and aid in search-and-rescue operations. Entities in a problematic sector - Sector controlled by the Top Alert entities. %PDF-1.4 % NITC recently made an announcement that its navy currently has a total of 42 super-tanker vessels with VLCCs. [2] It is the biggest tanker company in the Middle East. The ship then headed for Iskenderun, Turkey, but it went dark off the coast of Syria. All our content comes from Wikipedia and under the Creative Commons Attribution-ShareAlike License. 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. As a result, Tehran increasingly relied on its national fleet. Irans seizure of a Chinese-owned oil tanker in the Gulf of Oman on Thursday signals that even Tehrans closest allies are subject to its malign behavior, experts told the Washington Free Beacon. 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. 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. Large VLCC tankers linked to Chinas National Petroleum Company reportedly conducted ship-to-ship transfers of Iranian crude off the coast of Malacca. One ship, the 176,000-ton tanker Dena, was attacked by Iraq five separate times between 1984 and 1987. The Anglo-Persian Oil Company built the Abadan oil refinery on the Persian Gulf. According to various reports, the Iran-based shipping companys primary rivals like Japans Nippon Yusen Kaisha, Mitsui O.S.K. Foreign maritime officials were also more likely to search ships with an Iranian flag. After its release, the tanker wandered the Mediterranean as Iran looked for a buyer and a location to offload its oil. [citation needed]. 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. A further 10 were built in 2000. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action. 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. 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. 2,782 likes. As at 2011, NITC ranks as the fifth-biggest tanker operator worldwide, with a total of 43 ships. Before sanctions, Tehran leased idle vessels to major oil companies. hXnF>|//B \?0ZbC Iranusedmultipledeceptivetacticsto cover the tracks ofthe Tour 2, whichdiscreetlyshippedoil to the Assad regime in Syria. Aug. 5 - The U.S. Congress passed the Iran-Libya Sanctions Act to deter foreign investment in Irans energy sector. Butthe National Iranian Oil Company later dismissed that possibility. Its fleet was very old, with 21 tankers built in 2000 or earlier. We sort entities who are connected with terrorist activities, in two sections, first by risk and second by geolocation. 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, [1] As of 2011, NITC was owned by funds managing pensions for 5 million Iranians. The imprisoned ship is registered to Chinas Puyin Financial Leasing Company Limited, which is based in Shanghai, according to Lloyds. 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. The NITC was formed to transport Iranian crude exports on behalf of the NIOC. [7] As at 2012, NITC with 40 tankers of 100,000 to 300,000 tons, does not have the long-distance capacity for more than 2 million barrels (300,000 tons) a day in exports. GeoLocation divisions are divided into two fields, Black List and Gray List. Each tanker reemerged with a change in draft, the measurement of a ships depth in the water. It also allows local maritime authorities to monitor traffic around their border using on-shore receivers. Irans tanker fleet is vulnerable to attacks and sabotage. *H@TW].R; TaHVma-v0La-6ub_z57{b.Zh9p@ #``d0`@}\8+a>3gi>>_zi\s%H Xu&@}}{l4zLb5"dm`& zCas12k (2BiH{^t6aG662Yl7j/raW{K?zNXT&`lbQPH@:RF @g`+JCh=Dw\.95949.UT&)4@c(6y_mf{) O0!Pvve/RqaN4i{Wl>fr)^y]x#'VqsFje=X4 0sN>+ Be sure. 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. Hectar Shipping is part of a network of eight firms in Panama that has acquired nine Iranian tankers since June 2019, according to maritime data reviewed by Akhbar Alaan. 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. The act imposed tough penalties on companies found investing more than $20 million a year in Irans oil and gas industry. TheSabitiwas reportedly60 miles from the Saudi port of Jeddah when it was hit. The National Iranian Oil Company (NIOC) had to offer greater incentives to negotiate contracts for supplies formerly sold to U.S. companies. Iran's National Iranian Oil Tanker Company has announced plans to build a dual-fuel aframax in a domestic shipyard. 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.

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