Iran targets tanker company listing to fund fleet modernization List page number 5 . Iran is running short of options to replace its aging fleet of tankers and keep oil exports flowing because renewed U.S. sanctions are making potential sellers and flag registries wary of doing business with Tehran, Western and Iranian sources said.. Iranian Oil Tanker Sinks After Second Explosion | OilPrice.com The company's fleet of 166 tankers, including 30 VLCC tankers, collectively carry 15.9 million DWT. But the NITC fleet largely sat idle for much of the past decade in between the occasional illicit sanctions-busting trade. NITC Plans Domestic, Overseas Public Listing - Financial Tribune . NITC recently made an announcement that its navy currently has a total of 42 super-tanker vessels with VLCCs. NITC serves Iran not only as a vehicle for moving. China is the biggest importer of Iranian oil so far in 2019, at 334,000 bpd, down from 618,000 bpd in 2018, LLI data shows. How Iran Hides Its Oil Tankers: Meet The Team Tracking A ... - Tsarizm Chevron Shipping Company (Chevron) op The Treasury Department is also identifying today the National Iranian Tanker Company (NITC) as a Government of Iran entity and, for the first time, the NITC fleet and various front companies belonging to NITC. Iran's oil tanker fleet being squeezed as sanctions bite Iranian Tankers Ready to Enter European Oil Market - Financial Tribune Fri Oct 11, 2019 05:32AM. Facts and figures - db0nus869y26v.cloudfront.net cFlow shows at least 17 NITC tankers that have updated their locations November 15. Burning oil tanker off China's coast in danger of exploding According to the report, the NITC plans to modernize its fleet of around 70 tankers, one of the largest in the world, under a five-year program, and Norwegian companies are "on the NITC's list" to help the company upgrade its large fleet. It is a subsidiary of the NIOC. Since U.S. President Donald Trump reimposed sanctions in November . Iran's Oil Tanker Fleet Being Squeezed as Sanctions Bite "Free trade is Iran's right and we just need to make more efforts for strengthening the national fleet," Nasrollah Sardashti . Owji: Iran Welcomes Local, Int'l Investors to Participate in its Oil Industry1401/2/23 جمعه. 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 country prepares for an aggressive return to the global oil market. The Treasury today listed 58 vessels that it said belong to the Iranian tanker company — some of which have been reflagged in other countries — and 27 entities affiliated with the tanker company in.
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