Shipping

"Nova Tankers, the Copenhagen-based operator of a pool of ships including vessels owned by Mitsui O.S.K. Lines Ltd., won’t load Iranian crude because of European sanctions, Managing Director Morten Pilnov said by phone from Singapore on Feb. 9. The pool will have about 50 vessels by the end of this year, according to data on its website." (Businesswire, "Iran Sanctions Tighten as OSG to Frontline halt crude cargo")

"The Teekay Group, which includes Teekay Corp. (TK) and other companies, 
  said its Yamal LNG joint venture has been categorized as a "Blocked Person" 
  in connection with recent U.S. sanctions related to alleged shipments of Iranian 
  oil, due to the 50% ownership stake of China LNG Shipping (Holdings) Ltd.
       CLNG wasn't on the sanctions list but is 50% owned by Cosco Shipping 
  Tanker (Dalian) Co. Ltd., which was on last week's Treasury Department list." (9/30/2019)

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“Teekay Group has not traded and will not trade with Iran and will not act in contravention of any trading sanctions...” (The Royal Gazette, "Island LNG shipper caught up in US sanctions," 10/1/2019).

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"In addition, we have no future contracted loadings or discharges in any of those countries and intend not to enter into voyage charter contracts for the transport of oil or gas to or from Iran, Syria or Sudan. We believe that our compliance with these sanctions and our lack of any future port calls to those countries does not and will not adversely impact our revenues, because port calls to these countries have never accounted for any material amount of our revenues. However, some investors might decide not to invest in us simply because we have previously called on, or through our participation in pooling arrangements have previously received revenue from calls on, ports in these sanctioned countries. Any such investor reaction could adversely affect the market for our common shares." (December 2016)

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"Shipping giants AP Moller Maersk A/S (AMKBY), Frontline Ltd. (FRO) and Teekay Tankers Ltd. (TNK) have all said their ships will no longer call at Iranian ports, while some smaller shipowners have also said they are unwilling to send their vessels to the Islamic Republic to lift crude." (Wall Street Journal, "Major Shipping Companies Avoid Iran Amid Tightening Sanctions," 2/13/2012)

According to an Annual report filed by Overseas Shipping Group for fiscal year 2012: "Non-U.S. subsidiaries of OSG contributed VLCC tankers they owned or chartered-in to Tankers International, a commercial pool that charters out vessels which in turn call on ports throughout the world in compliance with applicable law. Tankers International is a UK entity operated by the Tankers International pool manager, a non-U.S. person, which is responsible for chartering out each vessel once it has been contributed to Tankers International. Accordingly, Tankers International and its manager make the decisions with respect to ports of call and the practical arrangements necessary in connection with the chosen ports of call. OSG learns where a vessel contributed by one of its non-U.S. subsidiaries has or will be traded after the voyage has been fixed. Certain of the non-U.S. OSG subsidiaries continue to provide technical management, crew and certain operational support for the vessels contributed by those subsidiaries and, in that connection, may interact with port authorities or other government officials and representatives in the jurisdictions through and in which these vessels transit.

In early 2012, Tankers International vessels made five port calls in Iran, in compliance with applicable law, including one port call made by a vessel owned by a non-U.S. subsidiary of OSG in January 2012. The Tankers International manager and the customers that chartered out the vessels were not Iranian. However, when such vessels called on Iranian ports, interaction with Government of Iran officials, such as port authorities, may have been required. In any case, even when these vessels, including the one owned by a non-U.S. subsidiary of OSG, called on an Iranian ports, neither OSG itself nor any of its U.S. person, affiliates or employees had any role or involvement with Tankers International transactions involving Iran.

As a participant in the pool, OSG receives a share of Tankers International’s net revenues from a voyage based on its contribution of vessels to Tankers International, regardless of whether the voyage was performed by a vessel contributed by one of its non-U.S. subsidiaries or by another pool participant. OSG’s share of the Tankers International pool’s net revenue (after deducting OSG’s share of administrative costs) for 2012 derived from all voyages of all Tankers International vessels involving a port call in Iran totaled approximately $1,318.

Tankers International decided to terminate all new business involving Iranian ports in February 2012 after the European Union adopted sanctions on such activity. No vessel owned or chartered in by OSG or any of its domestic or foreign subsidiaries has called on an Iranian port since January 2012, and until the U.S. and European Union sanctions regimes permit such calls, OSG will not allow its vessels to make such calls, whether through a pooling arrangement or otherwise."

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"Four OSG-owned ships, managed by Tankers International LLC, called at the country's biggest crude-export terminal in the past year, ship-tracking data compiled by Bloomberg show...OSG's Overseas Rosalyn, which can carry about 2 million barrels, arrived at Kharg Island on Jan. 27 and departed the next day, tracking data compiled by Bloomberg show.  It left about 16 feet deeper in the water, an indication it loaded cargo. The vessel is managed by Tankers International, which has its head office in Cyprus...Ship owners sometimes group thier vessels to coordinate charters and improve earnings.  The Tankers International pool operates 45 very large crude carriers, or VLCCs, from OSG and six other companies, including Antwerp-based Euronav NV and St Helier, Channel Islands-based DHT Holdings Inc...Three other OSG vessels from the Tankers International Pool called at Kharg Island in the past year, data compiled by Bloomberg show." (Bloomberg, "Iran Sanctions Tighten as OSG to Frontline Halt Crude Cargo,"  2/13/2012)

This is a German-Iranian insurance company. (IGIS Website, "Company Profile")

Dachser works in Iran through its representative, Douraghi Co. LTD. (Douraghi Website, "Representative")

On its website, Dachser lists Iran as a country. (Dachser Website, "Location Finder")

Lists Cotecna Iran Branch in Tehran, Iran on its company website. 

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Cotecna works in Iran through a representative known as Kavyan Consultancy Co. (Kavyan Consultancy Website, "Homepage")

 Beckmann & Jorgensen GmbH performs, as a representative of Berkhrad International Inspection Services (BIS) in Tehran, pre-shipment inspection for machines and goods for shipment to Iran.

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According to Matthias Kuentzel's article, "Branches Offices, Agencies, and Missions of German Companies in Iran," this German company works in Iran through its partner, Bekhrad International Inspection Services (B.I.S).

The B.I.S website lists many offices in Iran. (B.I.S. Website, "Branches & Correspondents in Iran")

Bureau Veritas has responsibly withdrawn the class for a total of seven vessels that UANI has brought to their attention. In one reply, Bureau Veritas wrote, “Further to a thorough due diligence process of the ownership and activity of these vessels, it was decided, in line with our procedures, to terminate contracts binding us to these vessels even in the absence of any OFAC listing.”

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"Bureau Veritas to Offer Automotive Services in Iran." (9/9/2017)

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Stated on its company website: “Established in Iran since 1976, Bureau Veritas is providing services aiming at reducing risks and improving performance. With more than 150 experts in a variety of disciplines, Bureau Veritas Iran offers an extensive range of technical services and innovative solutions delivered to our Clients on a day-to-day with our global expertise and the necessary domestic knowledge. Our role is to help you manage your Quality, Health, Safety and Environmental challenges and provide an independent confirmation of compliance with relevant standards and regulations. Bureau Veritas Iran is part of our global network and benefits from the direct support of more than 3,000 experts present in the Middle East region.”

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"Under pressure from lobbying groups campaigning against Iran's nuclear program, some specialized companies that supply the safety certificates required for ships to dock at foreign ports are terminating their dealings with Iran... One by one over the last few months, European classification societies such as Norway's Det Norske Veritas, the U.K.'s Lloyd's Register and France's Bureau Veritas have terminated contracts to survey Iranian ships, including ships for the country's largest tanker company, NITC." (Wall Street Journal, "Iran's Oil Ships Sail Into Troubled Waters," 6/24/12)

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"France's Bureau Veritas, which verifies the safety and environmental standards of ships, has stopped its marine work in Iran, the classification society said in a new setback for Tehran as it faces growing pressure from Western sanctions... 'The only marine-related activity that Bureau Veritas has ever exercised onboard vessels in Iran or owned by Iranian companies is classification surveys, which are only dealing with safety and maritime pollution prevention, that is, for safety and protection of third-parties' interests,' it said in a statement on Thursday. 'Nonetheless...Bureau Veritas has taken the decision to cease all marine activities on Iranian-owned vessels with a view to alleviating any type of confusion.'... U.S.-based United Against Nuclear Iran (UANI), which has been among pressure groups opposed to the Islamic Republic's nuclear ambitions, said it had urged Bureau Veritas to stop providing cover for Iranian vessels... In a letter addressed to UANI this week, Bureau Veritas said that following discussions with French government authorities it had decided to 'disengage completely' from all marine activities related to Iran... Bureau Veritas added that it given notice to Iran's flag authority at the end of 2011 of the termination of the agreement 'of delegation of statutory inspection and certification surveys for Iranian registered vessels'... 'Bureau Veritas has also taken the same decision with respect to the National Iranian Tanker Company (NITC) for all their vessels and has decided to cease all marine activities in respect of all other known Iranian shipping companies' vessels,' it said in the letter... Pressure group UANI, which had previously said Bureau Veritas's certification activities were in violation of EU sanctions, welcomed the move... 'We accept Bureau Veritas's pledge to end all of its marine activities related to Iran,' said UANI chief executive Mark Wallace, a former U.S. ambassador." (Reuters, "Ship classifier Bureau Veritas halts Iran marine work," 6/7/2012)

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"However, other firms — notably Lloyd’s Register, Bureau Veritas and Germanischer Lloyd — continue to provide services to Iranian and other vessels working in Iranian ports or waters." (Washington Post, "Congress sees shipping-certification firms as tool to tighten Iran noose" 12/5/2011)

In 2019, CalSTRS identified Hapag Lloyd as potentially having ties to Iran and subsequently removed the company as CalSTRS no longer holds the company’s securities. 

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"German shipping line Hapag-Lloyd has stopped one of two feeder services to Iran and will decide on the remaining one before a Nov. 4 deadline imposed by the United States, which has reimposed sanctions on Tehran." (6/11/2018).

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"German container shipping group Hapag-Lloyd said it did not accept cargo for Bandar Abbas nor any consignments for other Tidewater-run ports. It said the smaller container port of Bushehr, some 900 km north of Bandar Abbas, was not managed by Tidewater. 'We have moved only a few containers through Bushehr by feeder vessels which are not our own vessels. We do not have an own service calling there,' a spokeswoman said. Hapag-Lloyd's previous Bandar Abbas service had been jointly operated with South Korea's Hyundai Merchant Marine. A source familiar with the matter said Hyundai had reduced its shipping service to Iran and was closely monitoring the situation." (Reuters, "Sanctions blowback crippling Iran's shipping trade," 12/1/2011)