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. The Sabiti stopped transmitting its position in August near the Iranian port city of Bandar Abbas. The tactic was used to confuse tracking systems and conceal the vessels destination. endstream endobj 127 0 obj <>stream Fleet As at 2010, the company operated 28 Very Large Crude Carriers ( VLCC ), nine Suezmax and five Aframax tankers. All our content comes from Wikipedia and under the Creative Commons Attribution-ShareAlike License. The rest of the fleet traveled in stealth mode. It had a total shipping capacity of 14.1 million tons, or 102 million barrels, the NITC reported. "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.". At the peak of the war,Tehran had a total fleet of 17 tankers. Iran stated its intent to continue with the deal if its economic benefits could be guaranteed. Ns NITC Plans Domestic, Overseas Public Listing | Financial Tribune 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. Each country is responsible for the activities of the ships flying its flag and must ensure they abide by international maritime law. 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 TEHRAN - Iranian-flagged VLCC Horse, belonging to the National Iranian Tanker Company (NITC), which was detained by Indonesian authorities in late January, was released on Friday and will return to Iran after completing its mission. The United States, European Union, and United Nations lifted or suspended certain sanctions. [3]. 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. National Iranian Tanker Co (NITC) (9.7 mill dwt, plus at least three VLCCs, chemical . Beijing is the biggest buyer of heavily sanctioned Iranian crude oil, importing at least $22 billion worth since President Joe Biden took office. Foreign companies suspended contracts in Iranian oil and gas fields and deferred bidding on new investments. NITC recently made an announcement that its navy currently has a total of 42 super-tanker vessels with VLCCs. The Iranian government should immediately release the oil tanker," U.S. The ship was tracked off the coast of Tartus, Syria. 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. An International Maritime Organization treaty, overseen by the United Nations, requires all ships of 300 tons or more to turn on their A.I.S. [2] 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. Foreign companies beganwithdrawingfrom Iran rather than risk running afoul of U.S. sanctions. China NITC will operate 50 VLCCs at that time, up from 28 in 2010. After its release, the tanker wandered the Mediterranean as Iran looked for a buyer and a location to offload its oil. 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. Before We Thank Iran's Tanker Fleet
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