COS Weekly Newsletter
11 May 2018
Carriers reviewing operations in Iran
US sanctions on the direct or indirect sale, supply, or transfer to or from Iran of graphite, raw, or semi-finished metals such as aluminum and steel, coal, and software for integrating industrial processes are requiring carriers to review their services, operations and business relationships with Iran. Shipping lines serving Iran have a six-month window to leave or cease their operations in the country, following the announcement that the US is withdrawing from the Joint Comprehensive Plan of Action (JCPOA), which in 2015 agreed to lift economic sanctions on Iran in return for the country ending its nuclear weapons programme. Some containers lines have already stopped taking bookings for certain cargoes that would be impacted by the sanctions program. Iran relies on seaborne trade for both imports as well as for sales of its goods apart from oil and the country had struggled with logistical difficulties before international sanctions were lifted in 2016. Iran’s port operators and shipping sectors, including top cargo operator the Islamic Republic of Iran Shipping Lines (IRISL) and oil tanker group NITC, will once again be blacklisted on Nov. 4. The US will separately re-impose sanctions on the provision of insurance and reinsurance, which had been another challenge for Iran in the past.
Ship of the Week
May 11 - HMNZS Te Kaha
Built by Tenix Defence Systems, Melbourne, Australia
In 2015, HMNZS Te Kaha sailed from New Zealand to Gallipoli, ahead of the 100th Anniversary of the landings there during World War I. Thereafter she sailed for the Gulf of Oman where she was assigned to anti-piracy patrols. In 2017, the ship's deployment in the western Pacific was extended to provide support to the U.S. 7th Fleet after the destroyer USS Fitzgerald collided with the container ship ACX Crystal off the coast of Japan. The impact resulted in the loss of seven seamen and caused extensive damage to the destroyer.
The UK’s Royal Navy provided early security for the colony of New Zealand, but in 1846, the settlers bought their first gun boat and which proved to be the fledgling beginning of a home-grown defence force, Before the formal establishment of a navy, the people of New Zealand paid for the building of the battlecruiser HMS New Zealand which served with distinction in the battle of Jutland in 1916. The New Zealand navy went on to make a major contribution to the Allied cause in World War II and the Korean War.
In the early 1980’s, the New Zealand relationship with the United States deteriorated over the issue of nuclear-powered ship visits and the access of nuclear weapons to New Zealand. In addition, New Zealand dispatched RNZN vessels to monitor environmental damage caused by French nuclear testing in the Pacific. Tension was further raised with the sinking of the Rainbow Warrior operated by Greenpeace in Auckland harbour 1985. The sinking was eventually admitted by the French government after the two French agents responsible were detained by NZ police.
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