Tanker Pacific
Tanker Pacific is the largest privately owned tanking fleet globally.[1] Founded in 1989, it is headquartered in Singapore and owned by London-based Israeli businessman Idan Ofer. The company was under US sanctions for docking at Iranian ports from 2011 to 2013.
History
Tanker Pacific was founded in 1989 by Israeli billionaire heir Idan Ofer.[1][2] Its headquarters are located in the Millenia Tower in Singapore.[2] It operates twenty-nine tankers, including Very Large Crude Carriers, Aframaxes, and Medium Range vessels.[3] It employs a workforce of 3,000 on board their tankers and 106 in their offices.[3] Its Chairman and chief executive officer is Alastair McGregor.[2]
In May 2011, US Secretary of State
Export-Import Bank of the United States, from obtaining loans over $10 million from U.S. financial institutions, and from receiving U.S. export licenses."[4] However, the sanctions were removed in April 2013.[8]
References
- ^ a b Bloomberg: Idan Ofer
- ^ a b c Bloomberg: Tanker Pacific
- ^ a b Tanker Pacific: Welcome to Tanker Pacific Archived 2013-10-31 at the Wayback Machine
- ^ a b Seven Companies Sanctioned Under the Amended Iran Sanctions Act, United States Department of State, May 24, 2011
- ^ Isabel Kershner, Sammy Ofer, Magnate and Israeli Power Broker, Dies at 89, The New York Times, June 4, 2011
- ^ Tanker Pacific: Ships docked in Iran were legal, Reuters, May 29, 2011
- ^ Ora Coren, Ofers deny U.S. charge of selling tanker to Iran, Haaretz, May 25, 2011
- ^ Iran Sanctions Act Removal, U.S. Department of the Treasury, 4/15/2013