The Iranian product tanker Forest arrives in Venezuela with a cargo of gasoline, 2020 (file image) Published Oct 26, 2020 8:22 PM by The Maritime Executive 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. Iranian company to build 113,000-ton oil tanker for NITC Iran was forced to relist ships under its own flag, which in turn led foreign companies to be less willing to accept deliveries. 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 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.
! D>+` Cancel. 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. 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 The NITC was formed to transport Iranian crude exports on behalf of the NIOC. Ns Fleet As at 2010, the company operated 28 Very Large Crude Carriers ( VLCC ), nine Suezmax and five Aframax tankers. Irans Oil Tanker Adrian Darya Reaches Destination: Spokesman https://t.co/qoTebdHUkq pic.twitter.com/f6FM9AhTgB. 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. As the Grace 1, the tanker was originally flagged as a Panamanian vessel; it was seized by Gibraltar on July 4. endstream
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Iran's Tankers and Its Smuggling Tactics | The Iran Primer Tehran has employed four tactics to circumvent sanctions so it can continue to peddle its oil: Iran has bragged about beating the sanctions regime. 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. 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. [3], As at 2010, the company operated 28 Very Large Crude Carriers (VLCC), nine Suezmax and five Aframax tankers. As at 2011, NITC ranks as the fifth-biggest tanker operator worldwide, with a total of 43 ships. Another satellite signal showed the tanker sailing though the Indian Ocean to sell its cargo in East Asia before returning to Iran. The large percentage of tankers devoted to storage reduced Irans export capacity. 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. Iran Seizes Chinese Oil Tanker, Raising Questions About The Two 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. Under international maritime law, merchant ships must be registered with a country. National Iranian Tanker Company (NITC) as owner List of Vessels E.U. Writing by Henning Gloystein; Editing by Ed Davies. 5. National Iranian Tanker Company - Wikiwand All our content comes from Wikipedia and under the Creative Commons Attribution-ShareAlike License. It also owns three chemical vessels and a liquefied petroleum gas ( LPG) carrier. Oil was discovered in Khuzestan province in the southwest of the Islamic Republic of Iran. We identify risk of entities by COLOR selection, each color marks the risk level of the entity. National Iranian Tanker Company (Nitc) - risk rated by IMRRA 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. withdrawal date. *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>+ 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. National Iranian Tanker Company - IFMAT [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. Iran oil exports on the rise as national tanker fleet reflags In future months, the Americans themselves will see that we will continue our oil exports, Iranian President Hassan Rouhani said in April 2019. 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. Select Other Languages. In April 2012,Iranagain reflaggedthe tankerto Bolivia whileit wascarrying smuggled oil through the Suez Canal. Britain, France and Germany moved to salvage the accord. The dates given for each ship represent the period of illicit activity. Oil tankers typically have a lifespan of around 15 years to 20 years in the industry. St Kitts and Nevis deflags 36 tankers owned by biggest dark fleet owner 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.