But the sanctions had limited short-term effect on Irans economy. [3]. 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. "Irans actions are contrary to international law and disruptive to regional security and stability. Countries that offer so-called flags of convenience typically have lax shipping regulations conducive to smuggling operations. Before sanctions, Tehran leased idle vessels to major oil companies. As a result, Tehran increasingly relied on its national fleet. Iran Seizes Chinese Oil Tanker, Raising Questions About The Two Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations. 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. 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. ,zO}Ug$hL1I_) QN4tOH?t:*+7-l#XE\1Mx${@%hz". Between 1984 and 1988, a total of 451 ships were hit in the Gulf. 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. Currently sailing under the flag of Iran. 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. 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. THE NATIONAL COMPANY TRADING IN INTERNATIONAL OIL TRANSPORTATION MARKET WITH YOUNGEST TANKER FLEET O National iranian tanker co., Tehran, Iran. 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. Get a D&B credit report on this company . 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. 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. Major players in Irans energy sector were liable to be sanctioned for supporting nuclear or ballistic missile development. National Iranian Tanker Company | Detailed Pedia St Kitts and Nevis deflags 36 tankers owned by biggest dark fleet owner Add a personalized message to your email . 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. [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. IRGC 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. Jan. 16 The 2015 nuclear deal went into its implementation phase. Between May 2 and September 10, 2019, at least a dozen Iranian oil tankers delivered crude oil to China, Syria, and Turkey. The Millionaire changed its MMSIa code that provides information on a ships identity and positionto match the Lady Rashas number. 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: 5. The falsified signals disguised the identity of the Millionaire as a Syrian-owned ship, the Lady Rasha. 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. IRISL Group - Wikipedia [1] Ns 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 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. 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. 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. National Iranian Tanker Company (NITC) - Tehran Times It also owns three chemical vessels and a liquefied petroleum gas ( LPG) carrier. Between January and July 2019, Panama delisted over 50 Iranian tankers. The waivers were lifted in May 2019, when the United States launched its maximum pressure campaign to cut Irans oil exports down to zero. "Irans continued harassment of vessels and interference with navigational rights in regional waters are a threat to maritime security and the global economy.". Fleet As at 2010, the company operated 28 Very Large Crude Carriers ( VLCC ), nine Suezmax and five Aframax tankers. Each country is responsible for the activities of the ships flying its flag and must ensure they abide by international maritime law. 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. 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. 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. In 2012, ships smuggling Iranian oil began turning off tracking signals and stopped reporting positions when they neared ports to mitigate buyers anxieties. 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. Irans Islamic Revolutionary Guards Corps (IRGC), the countrys paramilitary fighting force that routinely harasses American ships in the region, intercepted the China-owned oil tanker as it made its way through the gulf en route to Houston, Texas, according to Lloyds List, a London-based shipping journal. when traveling international routes. DAN, Crude oil tanker, IMO 9357729 | Vessel details | BalticShipping.com It is the biggest tanker company in the Middle East. , 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. [1] As of 2011, NITC was owned by funds managing pensions for 5 million Iranians. 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. 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. Two months later, Iran began to target ships ferrying oil for Iraq. 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. [1] As of 2011, NITC was owned by funds managing pensions for 5 million Iranians. Info: National Iranian Tanker Company operates as an independent shipping company in Iran. In 2018, OFAC designated Syrian regime-affiliated Qatirji Group for facilitating fuel trades between the Syrian regime and the Islamic State of Iraq and al Sham (ISIS), including providing oil products to ISIS-controlled territory. 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. According to the National Iranian Oil Companys reports, the acidizing tanker which operates along the lines of the South Pars phase 16 development plan, has managed to increase phase 16 wells oil production up to a record-breaking 2.5 times. 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. It was privatized in 2000 after a consortium of three Iranian pension funds purchased its shares. 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. Adam Kredo and Reuters. countries imported 20 percent of Irans oil at the time. In 2012, Iran purchased 12 additional supertankers from Chinese shipyards, which expanded its fleet from 39 to 51 tankers. (SDN List), such as the National Iranian Oil Company (NIOC), the National Iranian Tanker Company (NITC), and the Islamic Republic of Iran Shipping Lines (IRISL) are at serious risk of . Traditional customers, such as South Korea, halted purchases of Iranian crude. All our content comes from Wikipedia and under the Creative Commons Attribution-ShareAlike License. One ship, the 176,000-ton tanker Dena, was attacked by Iraq five separate times between 1984 and 1987. British authorities claimed the ship was attempting to smuggle oil to Syria in violation of E.U. 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. Naval Command in Bahrain said in a statement. In all six cases, the Iranian tanker left the Eastern Mediterranean riding lighter, which indicated that the ship had unloaded its cargo. National Iranian Tanker Company (Nitc), AMBER, fleet safety risk rated. Visits Total: 19190051 . Real-time trigger alerts. In 1987, at the peak of the so-called Tanker War between Iran and Iraq, Tehran had a total fleet of 17 tankers. 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. Oil was discovered in Khuzestan province in the southwest of the Islamic Republic of Iran. 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. NITC Plans Domestic, Overseas Public Listing | Financial Tribune Top Alert Entity designated / sanctioned for terror, WMD and human rights violation, 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, U.S. imposes new sanctions over Iran sanctions evasion, targets Chinese firms, Tankers to discharge Iranian crude, condensate at Venezuelas main port, After Iraqi oil blending scheme, Iran found better way to evade U.S. sanctions, Irans tankers become more active as oil earnings rise, U.S. sanctions unable to hinder Iranian oil exports. He noted that oil sales accounted for up to 40 percent of Irans revenue. endstream endobj startxref GeoLocation divisions are divided into two fields, Black List and Gray List. Name Design Reg.Nr IMO Yard Nr Built Port Remarks; Baikal: Tankers: 27101: 9357353: S317: 28.05.2008: Zanzibar: Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action. As at 2011, NITC ranks as the fifth-biggest tanker operator worldwide, with a total of 43 ships. Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations. "China has long served as a lifeline for Iran, especially since the U.S. reimposed sanctions on the Iranian oil industry," Claire Jungman, chief of staff for United Against a Nuclear Iran, told the Free Beacon. 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 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. At the time, it was one of the largest oil refineries in the world and significantly increased Iranian crude oil production. %PDF-1.4 % 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. Many of these companies terminated contracts with the NITC after the Trump administration reinstated sanctions on Irans shipping industry in November 2018. The war made it difficult for Iran to transport oil cheaply because of increased insurance rates on Iranian cargo. 650 people attended the anniversary, 350 from Iran and 300 from overseas. Iran also changed the names of its tankers to confuse global ship-monitoring systems. The Millionaire was owned by the NITC but was flagged to Tanzania. Once a ship registers under the flag of a new country, that countrys laws apply to the vessel. Operation Sentinel will escort flagged vessels of participating nations in coordination with European, Asian and Middle Eastern allies. The large percentage of tankers devoted to storage reduced Irans export capacity. Tehran has employed four tactics to circumvent sanctions so it can continue to peddle its oil: Iran has bragged about beating the sanctions regime. WATCH: Joe Biden's Senior Moment of the Week (Vol. 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. Third round: In November 2018, the Trump administration re-imposed sanctions six months after withdrawing from the 2015 nuclear deal. The tanker is managed by a company based in Turkey, another country that has maintained generally good relations with Tehran. 162 0 obj <>stream *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>+ It also froze the assets of Irans Central Bank in the European Union at a time that E.U. These states maintain an open registry, which allows ship owners to register vessels without ties to the 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. But. New managing director outlines NITC's goals, priorities As of 2015, Iran has 42 very large crude carriers or, This page was last edited on 10 October 2022, at 01:38. NITC serves Iran not only as a vehicle for. All fleet vessels KPI benchmarked against fleet averages to manage your company's risk and opportunities. TEHRAN Hossein Shiva has been appointed as the new managing director of the National Iranian Tanker Company (NITC), the companys Public Relations Department announced. WE NOW HAVE VISUAL CONFIRMATION sanctions against the Assad regime and U.S. sanctions on Irans oil industry. One international tracking signal showed the Millionaire sailing the Lady Rashas course through the Mediterranean. 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.
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