Tag: Iran

Iran launches its first home built oil tanker

Iran Returns Sanction Fight to Gulf Shipping Lanes

Iran offers to insure foreign ships in Iranian waters

UANI Applauds ClassNK for Ending its Work in Iran

Japan insurers expand cover to boost Iran oil shipping capacity

Nuclear-related economic sanctions on Iran and restrictions on its trading partners imposed by the European Union and the United States continue to cause distress to Indian shipping companies.

Iranian sanctions, insurance ban, oil tankers

A South Korean ship classification society on Thursday sidestepped calls from a U.S. lobby group to halt its verification work in Iran, saying it was concerned that vessel safety and marine environment protection could be compromised by political issues.

Bill aims to stop oil tankers from shipping crude to countries that support sanctions against it Iran's National Security and Foreign Policy Committee has drafted a bill calling for Iran to try to stop oil tankers from shipping crude through the Strait of Hormuz to countries that support sanctions against it, a committee member said on Monday."There is a bill prepared in the National Security and Foreign Policy committee of Parliament that stresses the blocking of oil tanker traffic carrying oil to countries that have sanctioned Iran," Iranian MP Ibrahim Agha-Mohammadi was quoted by Iran's parliamentary news agency as saying."This bill has been developed as an answer to the European Union's oil sanctions against the Islamic Republic of Iran."Agha-Mohammadi said that 100 of Tehran's 290 members of parliament had signed the bill as of Sunday.Iranian threats to block the waterway through which about 17 million barrels a day sailed in 2011 have grown in the past year as U.S. and European sanctions aimed at starving Tehran of funds for its nuclear program have tightened.A heavy western naval presence in the Gulf and surrounding area is a big impediment to any attempt to block the vital shipping route through which sails ...

The Zanzibar government confirmed it had registered 11 oil tanker companies which were formerly registered in Malta and Cyprus and accused the media of misleading the public.Earlier this week some newspapers, including The Citizen, published reports that an Iranian oil tanker company had renamed at least 10 of its vessels and replaced their flags with Tanzanian ones, news that sent shockwaves through the country's leadership.A statement read by Zanzibar minister for Infrastructure and Communication Hamad Masoud Hamad yesterday to the House of Representatives said owners of the eleven companies were nationals of British Virgin Islands and Seychelles.He named the ships as Daisy with a gross register tonnage (GRT) of 81479 registered in Malta, Justice (GRT 164241) registered in Cyprus, Magnolia (GRT 81479) also formerly registered in Malta.Other ships are Courage (GRT 163660) owned by Courage Shipping Co. Ltd, Freedom (GRT 163660) also owned by Freedom shipping Co. Ltd, Valor (GRT 160930) owned by Valor Shipping Co. Ltd and Leadership (GRT 164241) owned by Leadership Shipping Co. Ltd. All these were formerly registered in Cyprus.Mr Hamad also named Companion (GRT 164241) owned by Companion Shipping Co. Ltd, Camellia (GRT 81479) owned by Camellia Shipping Co. Ltd, Clove (GRT 81479) owned by ...