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. Before We Thank Iran's Tanker Fleet | Canada Free Press National Iranian Tanker Company Company Information, Contact, Address ... 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. National Iranian Tanker Co. (NITC), the largest Middle Eastern oil tanker company responsible for transporting Iranian oil to its major export markets, has 40 VLCCs and is capable of carrying 14.4 . national iranian tanker company (NITC) Iran Vows to Return to Talks in November | The Iran Primer Iran targets tanker company listing to fund fleet modernization The Iranian vessel transferred two million barrels of condensate to the Venezuelan vessel off the coast of the Maldives. 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. more. November 6, 2018 - American sanctions on Iran took full effect once more on Monday, and the U.S. Treasury Department has published a new list of blacklisted Iranian entities. Tehran Times - Managing Director of National Iranian Tanker Company (NITC) said renovation of the tanker fleet is a priority and the… Continue July 1, 2019. . Iran signs tanker tech deal with Tru Marine The National Iranian Tanker Company (NITC) and Singaporean Tru Marine recently signed an agreement. The Iranian oil tanker Helm has suffered a mechanical casualty in the Red Sea off the coast of Yanbu, Saudi Arabia, according to the National Iranian Tanker Company (NITC).. When Iran's crude oil exports were initially sanctioned in 2012, its tanker fleet operating under the National Iranian Tanker Co banner had a similarly respected reputation in the market. An Iranian oil tanker has been hit by two explosions off the coast of Saudi Arabia. It owns 19 VLCCs, including 15 single hulled ones. 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. NITC Has Biggest Supertanker Fleet In The World 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). NITC's fleet will now include 26 VLCCs, nine Suezmaxes andfive Aframaxes. On Monday, the Trump administration announced new sanctions on Iran's state-owned oil and shipping companies, doubling down on its . Exclusive: Iran targets tanker company listing to fund fleet ... The state tanker company aims to invest about $910 million in its Very Large Crude Carriers fleet. How far can you go with violating US sanctions? - Foreign Policy News Technology Acronyms and Abbreviations in Tanker / Page 5 National Iranian Tanker Co (NITC) (9.7 mill dwt, plus at least three VLCCs, chemical .

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