Tag Archives | tankers

Stricken Iran Oil Tanker Sinks

The Iranian oil tanker which hit a Chinese freighter last Saturday sank after all efforts to save its 32 on-board crew members failed. The tanker, which carried 970,000 barrels of crude oil, collided with a Chinese balk freighter in East China Sea on January 6, killing all the 32 crew members. Rescue operations began by […]

Rescue Teams to enter Stricken Iranian Tanker

Rescue Teams will enter Stricken Iran Tanker after Blaze is controlled: NITC Firefighting operations to extinguish a burning Iran oil tanker in the East China Sea has begun and rescue teams will enter the tanker as soon the blaze is controlled, National Iranian Tanker Company (NITC) says. Spokesman of an emergency committee of the Iranian […]

Iranian Oil Tanker Continues to Burn: Report

An Iranian oil tanker continues to burn off the coast of Shanghai, days after it collided with a bulk ship and caught fire, a report said. One crew member has been found dead, while 31 others remain missing as firefighters continue to battle the blaze. “Searchers have found the body of one of the missing […]

NITC says shipments to Europe Increasing

By John Lee. A senior executive at the National Iranian Tanker Company (NITC) has said its shipments to Europe are increasing daily, and the company plans to upgrade its fleet to support further expansion. Mohammad Reza Shams Dolatabadi told Reuters on Monday that the NITC plans to replace some of its older tankers with new […]

NITC ‘Closely Looking’ at 1st Post-Sanctions VLCC Orders

Managing director Siroos Kianersi says any contracts would be for renewal not growth at a time when the owner has opened the door for ‘the right pool partners’. Shipowning giant National Iranian Tanker Co (NITC) is exploring the potential for placing its first VLCC newbuilding orders since the easing of international sanctions, says managing director […]

NITC Seals 70 Deals since Sanctions Eased

The Managing director of National Iranian Tanker Company (NITC) said his company has struck over 70 tanker lease deals since January 2016 when Iran’s landmark nuclear deal was implemented. Sirous Kian Ersi said the deals were cemented with leading international energy companies, adding that most of the companies are based in Europe and Asia. The official […]

Iran to rent 35 Oil Tankers to Europeans

By John Lee. Iran has signed deals with a dozen European companies to rent its 35 oil tankers to them. Sirous Kian-Ersi, managing director of the National Iranian Tanker Company (NITC) told Mehr that all of the 35 deals are voyage charter. Companies involved are said to include Spain’s Cepsa and Italy’s Eni, according to […]

NITC Enhancing Business Ties with Int’l Customers

The Managing Director of the National Iranian Tanker Company (NITC), Sirous Kian Ersi, says dozens of foreign customers have signaled keenness to tap NITC’s shipping capacity for carrying crude oil and petroleum products since the sanctions’ removal. He said restrictions regarding classing and insuring NITC fleet by leading international insurers have been eased thanks to […]

Iranian Oil Tankers Leased to Foreign Firms

Iran has leased out dozens of its extra oil tankers to foreign companies since enforcement last year of the Joint Comprehensive Plan of Action (JCPOA) and termination of anti-Iran sanctions, an official said. In an interview with Tasnim, managing director of the National Iranian Tanker Company (NITC) said 30 oil tankers belonging to the company […]

Over 25 Int’l Oil Tankers Shipping Iran’s Crude

More than 25 European and Asian-owned supertankers are helping deliver Iranian crude oil to international destinations. According to a report carried by Reuters on Monday, Iran has managed to ramp up its oil exports much faster than the international market had expected as international tankers are helping deliver its fuel. “Charterers are buying cargo from […]