Kianersi further said that two NITC
vessels together with another one belonging to the Islamic Republic of Iran Shipping Lines have been dispatched to the scene to help search operations.
is a subsidiary of the National Iranian Oil Company.
Safaei also said that foreign banks and financial institutions were willing to resume cooperation with NITC
, making it the first Iranian company which managed to resolve the problems related to receiving finance from foreign banks immediately after the nuclear sanctions against the country were lifted this year.
The vessels that joined NITC
fleet are part of a 1.
law prohibits knowingly owning or controlling a vessel that operates in a manner that conceals the Iranian origin of crude oil by obscuring or concealing the ownership, operation, or control of the vessel by NITC
," the statement stressed.
The author is more interested in tracing the ties that link NITC
and its directors to the Iranian government than in speculating about the purpose behind the disappearance of NITC
vessels from the "global grid.
has found itself caught up in a situation of tightening sanctions as a totally innocent party, along with some 100 other Iranian shipping companies," NITC
chairman and managing director Mohammad Souri said.
It is worth mentioning, NITC
has put together a highly-qualified team of specialists who will undertake the installation and deployment processes and execute it according to plan, with a predefined timeslot of six months at a project worth $915,000.
STS Provides NITC
with Latest IT Solutions and Services
With privatisation of NITC
approved in 2000, NITC
is to be transferred from the Petroleum Ministry to the Social Security Organisation which manages general pension and retirement funds.
has also set up two offshore companies in Cyprus to facilitate foreign participation in the management of the new vessels which could fly foreign flags once registered in Cyprus.