UANi Surveillance Points Up Swedish Iran Sanction-buster Tankship

MarineLink.com
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 Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Korean Ferry Captain's Detention Could Extend As Death Toll Mounts

South Korean prosecutors investigating a ferry disaster said on Sunday they would seek to extend the detention of the ship's captain and two other crew by 10

Reports: Brazilian Tycoon Batista Investigated For Financial Crimes

Brazils federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering,

Shell Commited To Russia Expansion Despite Sanctions

Royal Dutch Shell is committed to expansion in Russia, Chief Executive Ben van Beurden told Russian President Vladimir Putin at a meeting on Friday amid sanctions

Government Update

Reports: Brazilian Tycoon Batista Investigated For Financial Crimes

Brazils federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering,

Shell Commited To Russia Expansion Despite Sanctions

Royal Dutch Shell is committed to expansion in Russia, Chief Executive Ben van Beurden told Russian President Vladimir Putin at a meeting on Friday amid sanctions

Obama Offers US Aid to S.Korea Following Ferry Accident

U.S. President Barack Obama on Thursday expressed condolences to the families of the victims of the South Korean ferry sinking and said the U.S. military will provide

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction
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: 0.0842 sec (12 req/sec)