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Tankers and Gas Sanctions Ship operations

Cosco VLCCs head to Singapore and Fujairah after sanctions lifting

A total of 10 VLCCs owned by Cosco Shipping Tanker (Dalian) previously blacklisted by the US for violation of sanctions on Iran have left anchorage, suggesting they have returned to service

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While the removal of the sanctions may come as welcome news to Cosco, the message is less positive for the wider tanker market, with analysts predicting a challenging short-term outlook

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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