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Flag-shopping is one strategy to evade scrutiny used by about 40 tankers and gas carriers shuttling crude, fuel oil and LPG to China and Syria via ship-to-ship transfers and off-the-radar shipments
Registries and flag administrations can expect the US authorities to pay close attention to anything that gives off the impression of circumventing the Trump administration’s attempt to strangle Iran’s trading power
Vessel tracking shows that state-owned Russian oil company Rosneft is supplying diluent via multiple ship-to-ship transfer shipments and voyages in which vessels ‘go dark’
Sectors identified for additional sanctions — including construction, manufacturing, textiles and mining — had already been targeted as a means to plug gaps in the existing sanctions regime
Nam San 8 was involved in another suspected illegal ship-to-ship transfer case in July 2018 and has been listed as sanctioned
Novatek touts the transhipment hub at Zeebrugge as improving the reliability of its exports from Yamal LNG to Asia and Europe
The Executive Meeting will be held on January 16, 2020 and attendance is limited. Delegate pricing of €525 will be discounted for early-bird registration before December 31.
Christmas has come early for Cosco as the latest US government decision on sanctions should provide a boost to China’s largest shipowner, while Greece-based shipowners are singing the praises of plans for industry decarbonisation
Chinese analyst says the new waiver has raised questions about whether the three Chinese oil majors — PetroChina, Sinopec and CNOOC — will be able to re-exercise their shipping contracts signed with Dalian Tanker before September 25
The Suez Canal is gaining importance as a southbound route for US and Russian crude oil and petroleum products heading to destinations in Asia and the Middle East
The Latvian port is a key Baltic distribution point for middle distillates such as diesel and gasoil as well as other refined products shipped to northwest Europe and West Africa
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