Iran Marine Industrial Company News

More than half of the 22 oil tankers in Venezuela's fleet are so run down that they should be immediately repaired or taken out of service, according to an internal report from state-run oil company PDVSA that was shared exclusively with Reuters. The report by PDVSA's maritime branch, entitled "Critical deficiencies and risks of PDV Marina's tanker fleet," said years of deferred maintenance had left the entire fleet with "low levels of reliability," at risk of spills, sinking, fires, collisions or flooding.

Venezuela will contract with an Iranian shipyard to build two oil tankers under an existing construction agreement bedeviled by payment delays and difficulties with needed certifications, according to people familiar with the matter and documents.Venezuela’s state-run energy firm PDVSA since last year has redoubled efforts to buy and lease oil tankers to rebuild its own fleet. Its maritime operations have suffered from a long-standing lack of capital and U.S. sanctions that have…

The first Iran-built Aframax oil tanker ship is complete and the vessel will be ready soon for delivery to Venezuela. The 113,000 dwt vessel has been built by Iran Marine Industrial Company, an affiliate of Sadra group of companies, and is  250 meters long, 44 meters wide, 21 meters high, with a service speed of 16 knots according to the FARS News Agency. The Aframax oil tanker was worth 52 million Euros and the builder considers it to be the first of its kind built in the Middle East. 

Despite the western embargos, Iran's maritime and shipbuilding industries have made huge progress in recent years says the agency. Source: FARS News Agency

ClassNK maintains an office in Tehran and provides certification for two Iranian radio firms that service Iranian shipping companies. In a July 12, 2012 letter to ClassNK Chairman and President Noboru Ueda, UANI CEO, Ambassador Mark D. By providing services to these companies, ClassNK is directly facilitating the operations of Iran’s shipping sector, an action that enables the Iranian government to circumvent multilateral sanctions that have been imposed to prevent it from further developing its illegal nuclear weapons program. The argument that ClassNK does not directly service Iranian vessels is without merit. The certification services provided by ClassNK to Arya Azhand Darya and Persia Hormoz Shipyard…

Venezuela's state oil company will reportedly buy four oil tankers from Iran, according to an AP report. Petroleos de Venezuela SA said in a statement that its shipping subsidiary, PDV Marina, had signed a contract to buy the tankers from the Iran Marine Industrial Company. It did not disclose the price. PDV Marina president Asdrubal Chavez, who is a cousin of Venezuela president Hugo Chavez, reportedly said the deal is among various projects involving the two governments, and is also part of Venezuela's larger plan to expand PDV Marina's current fleet of 21 oil tankers. (Source: AP)

Petróleos de Venezuela (PDVSA) announced that Venezuela and Iran have agreed to explore setting up a joint shipbuilding operation. The preliminary agreement looks towards jointly building oil tankers, liquid natural gas tankers and other vessels. It would also train Venezuelans in shipbuilding technology. The deal was signed in Caracas between PDVSA and Sadra Iran Marine Industrial Company. Ties between the two oil-producing countries have become closer as Venezuelan president Hugo Chávez has sought to build international alliances to counter US economic and political dominance. The moves come as the Bush administration has clashed with Iran over its nuclear program.

Venezuela and Iran have agreed to explore setting up a joint shipbuilding operation in the South American country, according to AP reports. The preliminary agreement envisions jointly building oil tankers, liquid natural gas tankers and other vessels, and training Venezuelans in shipbuilding technology. The deal was signed in Caracas between PDVSA and Sadra Iran Marine Industrial Company, according to the report. Ties between the two oil-producing countries have tightened as President Hugo Chávez has sought to build international alliances to counter U.S. economic and political dominance. Venezuela and Iran are both members of the Organization of the Petroleum Exporting Countries and have consistently backed efforts to bolster prices by controlling production volumes. Source: AP

Reports have indicated that Venezuela and Iran have agreed to explore setting up a joint shipbuilding operation in the South American country, state-run Petróleos de Venezuela (PDVSA) said. The preliminary agreement signed last week envisions jointly building oil tankers, liquid natural gas tankers and other vessels, and training Venezuelans in shipbuilding technology. The deal was signed last week in Caracas between PDVSA and Sadra Iran Marine Industrial Company, PDVSA said Friday. Ties between the two oil-producing countries have tightened as President Hugo Chávez has sought to build international alliances to counter U.S. economic and political dominance. Chávez, a self-defined socialist revolutionary, frequently accuses the U.S. government of wanting to overthrow him.