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Sanctions

With the US administration's "maximum pressure" campaign continuing against Iran and sanctions placed on Venezuela undeterred since the arrival of President Biden, Lloyd’s List examines their impact and the pain placed on the shipping industry, while addressing the wider implications for the maritime community including finance, insurance, law and government

Will supply and demand fundamentals stem billions of dollars in losses for the tanker sector?

After losing bigtime in a depressed market this year, the global fleet of some 15,000 tankers trading internationally is looking at signals for a better 2022

Daily Briefing November 17 2021

Cameroon flag registry in fresh links to Iran oil trading | Singapore extends programme to vaccinate foreign seafarers | Rising oil supplies underpin tanker freight rates upturn, says IEA

Cameroon flag registry in fresh links to Iran oil trading

Roza is one of 18 Cameroon-flagged tankers tracked in US-sanctioned Venezuela and Iran trades

Tanker owners look to Iran sanctions lifting for market recovery

Tankers engaged in ‘shady’ shipments expected to be scrapped post-sanctions

Iran confirms tanker seized as it thwarts US ship ‘hijack’ in Oman Sea

US and Iran naval forces report tensions in waters surrounding key Strait of Hormuz oil transit area

Daily Briefing October 18 2021

FrontNav — a tanker giant 20 years in the making? | Don’t scapegoat shipping for the world’s just-in-time jitters | Container rates suppressed, but not depressed | The Lloyd’s List Podcast: The evolving risk of subterfuge shipping

The Lloyd’s List Podcast: The evolving risk of subterfuge shipping

As scrutiny of the subterfuge shipping fleet skirting sanctions to deliver blocked cargoes has intensified, the tactics being deployed by the murkier end of the maritime sector have rapidly evolved. This week’s edition of the podcast peers behind the increasingly complicated network of opaque tactic and institutions being set up to obfuscate sanctions evasion at sea. Featuring insights from: BIMCO, Lloyd’s List Intelligence, sanctions expert Michelle Wiese Bockmann and C4ADS, a non-profit group that investigates how data impacts security and international conflicts

UN calls for more robust monitoring of subterfuge shipping

UN Security Council Panel investigating North Korean maritime sanctions recommends that class, flag states and shipyards need to beef up security monitoring and compliance procedures to clamp down on increasingly sophisticated subterfuge shipping activity

Daily Briefing October 4 2021

Venezuela expands deceptive shipping practices to bolster Asia crude exports | The BDI: Back to 2008, but in a good way | Do the economics of carrying boxes on bulkers stack up?

Venezuela expands deceptive shipping practices to bolster Asian crude exports

Tankers purchased this year linked together by a complicated web of cargo transfers and managing companies, with many formerly owned by Greek shipowners

Scrapping of tankers in sanctioned oil trading questioned

Tankers were part of vintage subterfuge fleet of some 160 vessels engaged in shipping Iranian and Venezuelan crude

IMO ‘defrauded’ by North Korea vessel identity laundering scheme

The UN agency is reviewing claims that IMO numbers are being issued for ships that don’t exist

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Lloyd's List Sanctions
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