Dalian Shipbuilding Industry

"Under a $1.2 billion contract, Waigaoqiao Shipbuilding Co Ltd, a unit of China CSSC Holdings Ltd, and Dalian Shipbuilding Industry Co. Ltd plan to deliver 12 supertankers by the end of 2013 to NITC, which would boost the capacity of its fleet by nearly 40 percent to around 86 million barrels." (Reuters, "China delivers first of new Iranian oil tankers," 9/27/2012) (http://articles.chicagotribune.com/2012-09-27/news/sns-rt-iran-tankersl4e8kr48x-20120927_1_national-iranian-tanker-nitc-islamic-revolutionary-guard)

"Dalian Shipbuilding Industry Offshore Co. Ltd (DSIC) is likely to join [a] fleet expansion program of tow [of] Iran’s state-owned operators National Iranian Tanker Company (NITC) and Islamic Republic of Iran Shipping Lines (IRISL).  Executives of DSIC have visited the operators several times since last January and negotiations are ongoing regarding construction of tanker and containership……." (KOMEC-Korea Marine Equipment Global Service Center, “DSIC to join Iran’s NB program,” 3/15/2016).    (http://www.komec.kr/eng/Board.asp?menucode=0503010000&mode=2&no=20743&page=18&hd=Ship+Building)

“Sources in China close to the talks say Islamic Republic of Iran Shipping Lines (IRISL) and Dalian Shipbuilding Industry Co (DSIC) are likely to shake hands soon on a six-ship order for a string of 14,500-teu containerships of DSIC’s own new design.”  (Trade Winds, “Iranian giants planning newbuild blitz in China,” 5/27/2016).   (http://www.tradewindsnews.com/weekly/747721/iranian-giants-planning-newbuild-blitz-in-china) (http://www.tradewindsnews.com/weekly/747721/iranian-giants-planning-newbuild-blitz-in-china) (http://www.tradewindsnews.com/weekly/747721/iranian-giants-planning-newbuild-blitz-in-china)

"NITC ordered the 12 vessels to be built at Waigaoqiao Shipbuilding Co Ltd, a China CSSC Holdings Ltd unit based in financial hub Shanghai, and Dalian Shipbuilding Industry Co. Ltd, based in the northeastern port of Dalian." (Reuters, "Iran to expand oil tanker fleet ahead of sanctions," 4/13/2012) (http://uk.reuters.com/article/2012/04/13/uk-iran-china-idUKBRE83C0FY20120413)

Listed on the U.S. state of North Carolina's Iran scrutinized companies list rendering it ineligible for state investment and/or contracting. (https://www.nctreasurer.com/inside-the-department/OpenGovernment/Reports/Divestment%20-%202017-08-30%20-%20Iran%20Subsidiaries.pdf)