NITC

By Can Sezer ISTANBUL, July 10 (Reuters) – NITC, Iran’s leading oil tanker operator, said on Monday its shipments to Europe were increasing daily

By Jonathan Saul LONDON, Nov 11 (Reuters) – Even after Western sanctions are lifted, Iran’s oil tanker fleet is expected to face more hurdles

Lifting oil sanctions on Iran could hit global markets long before the nation starts pumping more

Iran’s oil exports have fallen 60 percent to 1 million barrels a day, the Tehran-based Shargh newspaper reported, citing comments by Oil Minister Bijan

By Jonathan Saul LONDON, Oct 7 (Reuters) – European Union sanctions on Iran’s main oil tanker firm NITC have been annulled after the EU failed to

Iran's main oil tanker firm NITC will struggle for some time to call at European ports, get foreign insurance and overcome obstacles under western sanctions,

By Golnar Motevalli and Anthony DiPaola May 8 (Bloomberg) — Iran will export crude oil at the maximum level possible, regardless of restrictions imposed

The National Iranian Tanker Company (NITC) is poised to carry crude oil to Asian buyers in its own vessels as sanctions ease following the implementation of

For the tanker market, the breakthrough in Iranian talks in November will have a significant impact on the VLCC tanker market. For curtailing its nuclear

Iran is quietly mobilising more ships to store and transport oil, aiming to keep its fields working and mitigate losses of several billion dollars a month from

Aug. 8 (Bloomberg) — NITC, Iran’s biggest tanker company, increased the capacity of its supertanker fleet by 23 percent this year amid sanctions

By Jonathan Saul LONDON, March 18 (Reuters) – Iran’s NITC has replaced Hamid Behbahani, a former minister and ally of President Mahmoud

By Jonathan Saul LONDON (Reuters) – Iran is using old tankers, saved from the scrapyard by foreign middlemen, to ship out oil to China in ways that avoid

By Jonathan Saul LONDON (Reuters) – Iran has taken delivery of several new tankers from Chinese shipyards, giving it greater flexibility in maintaining

LONDON–The U.S. and the European Union are looking to close loopholes in sanctions designed to impede Iran’s oil exports after it emerged that

LONDON–A manager with the National Iranian Tanker Co. rejects U.S. claims that the oil transport company is a state company and says it should not be