UANi Surveillance Points Up Swedish Iran Sanction-buster Tankship
Thursday, July 18, 2013

United Against Nuclear Iran (UANI) has called on Sweden’s Stoc Holding AB to explain and cease its business to and from Iran with the tankship 'Persia'.

According to UANI, Stoc Holding controls a vessel, called the "Persia," that appears to operate a dedicated route in support of Iran's petrochemical industry. Stoc Holding openly advertises its ties to sanctioned Iranian entities on the front page of its website.

In 2012, the EU prohibited EU entities "to transport crude oil or petroleum products if they originate in Iran, or are being exported from Iran to any other country."

UANI recently launched its Maritime Intelligence Network and Rogue Vessel Analysis (MINERVA) system, to provide real-time tracking and course prediction for Iranian and Iran-related vessels. MINERVA’s unique capabilities allow UANI to monitor such vessels, and take relevant action to halt illegal Iran-sponsored shipping schemes.

In a letter to Stoc Holding CEO Bo Andersson, UANI CEO, Ambassador Mark D. Wallace, wrote:

… Stoc Holding appears to be involved in a regular and dedicated tanker route in support of Iran's sanctioned petrochemical industry. Specifically, UANI has been monitoring the activities of the "Persia", a tanker operated and managed by Stoc Holding subsidiary Stoc Tankers AB, and owned by Stoc Tankers AB subsidiary Lanautique Shipping Co Ltd. The "Persia" appears to be one of the most active non-Iranian vessels frequenting Iran’s petrochemical facilitates at Bandar Imam Khomenei, Lavan Island and the port of Chah Bahar, Iran. The "Persia", also appears to operate a regular and dedicated route between these Iranian facilities.

In addition, UANI is highly concerned that petrochemical deliveries made by the "Persia" to Chah Bahar may risk providing support for Islamic Republic of Iran Navy ("IRIN") forces operating out of the nearby port of Konarak and Islamic Republic of Iran Air Force ("IRIAF") forces operating out of the nearby Chah Bahar/Konarak Aerodrome.

Moreover, UANI is concerned that P&I coverage for the "Persia" is provided by Kish P&I, the Iranian regime's fraudulent P&I club that operates as part of a larger scheme to fraudulently classify and insure vessels working for Iran.

Simply put, Stoc Holding appears to be profiting from its involvement in the Iranian regime's schemes to prop up its sanctioned petrochemical and shipping sectors. Such involvement is also exposing Stoc Holding to the risk that its services are providing support for Iran's military forces.

UANI has requested a reply from Stoc Holding by July 27, 2013.

Maritime Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Euroseas Sells C/V Marinos

Euroseas Ltd.  an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes,

Plans to Create Rio Doce Fund

Vale and BHP Billiton announced today plans to work together, with Samarco, to establish a voluntary, non-profit fund to support the rescue and recuperation of the Rio Doce river system,

Canada to Aid Developing Nations Fight Climate Change

Canada will provide aid to developing countries to combat climate change, Prime Minister Justin Trudeau announced on Friday ahead of talks on global warming,

Government Update

SSA Welcomes Decision To Extend BEO

The Singapore Shipping Association (SSA) has welcomed the decision by Singapore’s Minister for Trade and Industry to extend the Competition (Block Exemption

Moore Stephens Highlights Potential Tax Issues for Shipping

As part of the Government’s drive to encourage voluntary compliance with the tax rules, it will legislate to introduce a new requirement that large businesses

U.S. Ups Philippines Aid as South China Sea Turmoil Builds

The United States has raised its military aid to the Philippines this year to $79 million, the U.S. ambassador said on Wednesday, as tension rises in the region

Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Port Authority Salvage Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0752 sec (13 req/sec)