Iran’s Tankers Free to Visit Any Port

first_imgzoom Iranian oil tankers face no more obstacles when traveling to any port in world, says Ali-Akbar Safaei, managing director of the National Iranian Tanker Company (NITC).According to Safaei, quoted by IRNA news agency, NITC has secured all the required certificates from international insurance agencies for its tankers, thus removing the insurance-related hurdles and enabling its ships to dock at any port worldwide.Unimpeded entrance to Iran’s ports by foreign tankers is also to be ensured, now that there are no pending insurance problems, he added.As informed, talks are also nearing conclusion between Iranian shipping lines with international insurance companies on obtaining the most competitive insurance policies.Due to the latest turn of events, NITC said that it expects to return to European ports in June this year after over four years of suspension.Iran’s tanker fleet is valued today at USD 2.7 billion and is currently placed 8th in the world by value comprising 70 tankers. NITC, Iran’s largest VLCC owner, is ranked 6th in the world, owning 37 VLCCs worth USD 2.1 billion, according to VesselsValue’s data.The country revealed earlier this year that it plans to invest up to USD 2.5 billion to upgrade its oil tanker fleet as it gears up to restore pre-sanction shipping links.The investment is needed in order for the company’s fleet to be able to compete with international counterparts that have predominantly more modern and younger ships.Iran announced that it expects to reach the production level of 3.8 million barrels per day this month.World Maritime News Stafflast_img read more

UN official urges concrete action to protect children caught in war

Olara Otunnu, the Secretary-General’s Special Representative for Children and Armed Conflict, made his comments at a press briefing ahead of next week’s Council meeting on a major UN report on the issue.Mr. Otunnu said that report, prepared by the Secretary-General, not only served “to deepen and consolidate the progress achieved to date,” but also to strengthen the foundation for an “era of application.” The latest edition goes a step beyond the report issued the previous year by not only including an updated list of individuals and organizations that have violated children’s rights during conflicts that are on the Council’s agenda, but also a list of parties recruiting and abusing children in clashes that are not being actively considered by that body.The conflicts on the Security Council’s agenda in question are taking place in Afghanistan, Burundi, Côte d’Ivoire, the Democratic Republic of the Congo (DRC), Liberia and Somalia. The latest report also names parties recruiting and using children in the Russian Republic of Chechnya, Colombia, Myanmar, Nepal, Northern Ireland, the Philippines, Sri Lanka, Sudan and Uganda.Mr. Otunnu voiced hope that the Council would “assume its responsibility and take concrete action against parties that continue to use and recruit children.”Specifically, he urged sanctions against the leaders of these groups, including travel bans. Concerning the groups themselves, he recommended restricting financial flows and arms sales to the violators. On Friday, a network of non-governmental organizations (NGOs) with backing from Canada’s UN Mission also urged action on the issue. Among other recommendations, they called for a formal framework for punishing parties that fail to reach given benchmarks in the effort to protect children in war. read more