Pacific Island flag says there is a line between ‘legal and ethical’ as Western governments step up pressure on open registries as tankers circumvent sanctions

UANI says best way for Greek shippers to avoid the legal and reputational consequences of smuggling Iranian oil is to stop

Russian state-owned general cargoship was initially blocked from entering Bangladesh’s ports because of US sanctions

A US-sanctioned long range one tanker has been involved in collision with Dynacom’s panamax crude oil tanker Kerala. The latter vessel was waiting to load at the Bajo Grande terminal in Venezuela

Majority of ships sanctioned in the past year remain flagged, even when excluding vessels registered in Russia

The problem of falsely flagged ships linked to fraudulent registries is not new, but it is growing and governments have struggled to tackle the risk of ships operating entirely outside of international scrutiny

Biggest percentage drop for bulk carriers arriving in Europe after leaving Russia was seen in Sweden, Portugal and Denmark, with noticeable drops in the Netherlands, Germany, France and Spain, data shows

Russian oil exports fell last month because of the EU ban on refined products

Price cap on Russian energy exports said to be fulfilling its dual goals of hurting Moscow’s revenues while keeping global energy markets stable, according to US assistant treasury secretary

Turkish buyers have been taking advantage of discounted Russian oil prices by increasing imports to record high levels, as the EU embargo on crude and refined products slashed demand

Vessels registered under the flag of Russia are prohibited from entering ports in the European Union

Rates and volumes have fallen back to earth a year on from the peak of the container cargo surge, Iran’s oil exports remain elevated and recycling sales dominated by dry cargo and gas sectors