Info:
NITC’s new managing director holds a Ph.D. in Systems Management from Imam Hossein University and a Master’s degree in Marine Engineering from Shahid Chamran University in Ahvaz. He is also a lecturer at Kharazmi University;
Shiva, who was previously a member of the NITC Board of Directors and also the company’s deputy managing director, was appointed to the post replacing Nasrollah Sardashti, who was the managing director of the company since March 2018;
He has also served as the advisor to the president on petroleum affairs, the secretary of the economic committee of the Supreme National Security Council, the advisor to the Oil Ministry, the member of the board of directors of the Iranian Central Oil Fields Company, and member of the board of directors at National Iranian Oil Refining and Distribution Company;
NITC, which operates the largest tanker fleet in the Middle East and has the world’s largest fleet of supertankers, transports Iranian crude and also acts as an independent entity in contracts with foreign concerns for crude oil transportation based on prevailing international freight rates;
NITC, a subsidiary of NIOC, is responsible for the transportation of Iranian crude exports. NIOC and NITC provide both the oil and tankers for the sale of Iranian oil by the IRGC-QF. The cooperation and coordination between the IRGC-QF and these entities extends well beyond the simple sale of oil, including coordination between NIOC and the Central Bank of Iran to facilitate the collection of tens of millions of dollars in proceeds from the sale of oil that benefitted the IRGC-QF. NITC has also played a significant role in oil deals used to generate revenue for the IRGC-QF and Hizballah. NITC personnel coordinated with the IRGC-QF on the loading of oil provided by NIOC, and NITC Managing Director Nasrollah Sardashti (Sardashti) worked with Hizballah on logistics and pricing for oil shipments to Syria. Sardashti also worked with Qatirji Group representative Viyan Zanganeh (Zanganeh) and a senior IRGC-QF official to facilitate the shipment of millions of dollars of oil by NITC. In 2018, OFAC designated Syrian regime-affiliated Qatirji Group for facilitating fuel trades between the Syrian regime and the Islamic State of Iraq and al Sham (ISIS), including providing oil products to ISIS-controlled territory. As of early 2020, the Qatirji Group’s Zanganeh continued to work closely with the IRGC-QF to coordinate NIOC’s provision of millions of barrels of oil and petroleum products to be shipped to Syria, as well as millions of dollars in payments back to Iran. In mid-2020, Zanganeh continued to act as an intermediary between the IRGC-QF and a Syrian regime-affiliated business, arranging for the funding of the release of a seized vessel and additional shipments of fuel oil;
Industry:
Shipping Industry
Also Known As:
Hosein Shiva
Country:
Iran
Address:
67-88, Shahid Atefi Street, Africa Avenue, Tehran, Iran
Reason for the color:
» Hossein Shiva appointed NITC’s new managing director;