It has an additional 14 small crude oil tankers
Iran boosts export muscle with new oil tankers
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LONDON, Feb 5 (Reuters) Iran has taken delivery of several new tankers from Chinese shipyards, giving it greater flexibility in maintaining oil exports in the face of Western sanctions.
canada goose outlet sale The sanctions, imposed by the United States and European Union to halt a nuclear programme they believe is a cover to develop atomic weapons, have hurt Iran oil exports, leading to a plunge in its currency. canada goose outlet sale
canada goose outlet shop But Iranian crude oil imports rose in December to their Canada Goose sale highest since European Union sanctions took effect last July, helped in part by more tankers deployed. canada goose outlet shop
canada goose outlet new york city Since the start of 2013, two supertankers have joined Iran trading fleet, with another three new vessels having arrived in recent months, according to industry sources and shipping data. Each vessel has a maximum capacity of 2 million barrels of oil. canada goose outlet new york city
canada goose outlet uk sale now Iran needs every tanker, and it will certainly make life easier for them, said Sam Ciszuk with KBC Energy canada goose coats Economics consultancy. canada goose outlet uk sale
a few more tankers, they could build floating storage to canada goose outlet make sure they canada goose clearance sale can provide a buffer for these big fluctuations in oil demand, he said, referring to holding oil on board ships at sea until buyers can be found.
canada canada goose uk outlet goose outlet store Iran main tanker operator NITC has been uk canada goose blacklisted by the West, and the EU has imposed an outright ban on ship insurance provision. The exit from Iran of top providers of ship certification, vital http://www.canadagoosesalesus.com for ports access, and the de flagging from international registries of vessels Canada Goose Coats On Sale have added to operational challenges for Iranian shipping firms including NITC. canada goose outlet store
goose outlet canada is having to stay ahead of sanctions and needs to make sure they can keep their fleet on the water, cheap Canada Goose which includes changing the flags of their ships and finding certification for their vessels, a shipping industry source said. goose outlet canada
With the latest acquisitions, NITC supertanker fleet has been boosted to 30 vessels with a maximum carrying capacity of 60 million barrels. It has an additional 14 small crude oil tankers.
canada goose outlet reviews NITC Canada Goose Parka officials could not immediately be reached for comment. canada goose outlet reviews
The Atlantis and Infinity, the two vessels that joined NITC fleet in recent weeks, are part Canada Goose online of a $1.2 billion contract with two Chinese shipyards that was ordered in 2009 for 12 new supertankers. The Carnation, Rainbow and Skyline reached NITC last year.
canada goose outlet toronto factory Last year sources in China had said the yards had planned to deliver the 12 by the end of 2013 to NITC. canada goose outlet toronto factory
canada goose outlet uk An industry official in China familiar with the matter said he was aware of new tankers delivered from China shipyards over the past one canada goose factory sale or two months canada goose outlet uk
we heard is new tankers being delivered, and that is good news for us, the official said.
canada goose outlet nyc Iran also took delivery of a liquefied petroleum gas tanker in January, vessels that can carry propane and butane, data showed. canada goose outlet nyc
CHANGING NAMES To get round insurance restrictions, NITC tankers have been relying on cover from Iranian providers, though industry sources said it remained unclear what type of classification provision the vessels had.
canada goose black friday sale will almost certainly change name and flag when canada goose clearance entering service. Future class is also unknown as all major classification societies now exclude NITC vessels, said Richard Hurley, a senior analyst at maritime intelligence publisher IHS Fairplay. canada goose black friday sale
the flag status of the current fleet remains in doubt, this does not appear to affect their ability to ship oil to their existing trading partners.
canada goose outlet black friday While many of Iran clients have slashed buy canada goose jacket purchases of oil, the lifeblood of Tehran economy, China has maintained robust demand. canada goose outlet black friday
canada goose outlet online IHS Fairplay data showed the remaining six of the seven tankers on order, which include Sonata and Demos, were at various stages of development in China. Work was yet to start on the seventh tanker Dusk. canada goose outlet online
and Demos have been seen on AIS (ship tracking) recently, suggesting they are in the final stages of construction, and Sonata may already be on sea trials, said Hurley.
canada goose outlet store uk canada goose coats on sale Western sanctions halved Iran canadian goose jacket oil exports in buy canada goose jacket cheap 2012 from 2.2 million barrels Canada Goose Jackets per day (bpd) in late 2011, leading to billions of dollars in lost revenue. canada goose outlet store uk
Iran and world powers announced new talks on Tehran nuclear programme on Feb. 26, but hopes of progress after Tuesday announcement were tempered when an Iranian official said the West goal in talking was to undermine the canada goose store Islamic republic.
Analysts said if the West eases sanctions in the future, a bigger fleet would enable Iran to boost its operational capabilities more quickly.
canada goose jacket outlet any future recovery, the more tankers they have, the quicker they can probably start delivering to clients once sanctions are lifted, KBC Ciszuk said. (Additional reporting by Aizhu Chen in Beijing; Editing by Will Waterman) canada goose canada goose uk shop jacket outlet.