If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
The saga of the Adrian Darya 1, now expected to deliver its cargo of 2m barrels of Iranian crude to Syria in direct contravention of its release agreement, is an embarrassing political episode, but it should not be written off by shipping as an anomalous example of deceptive political posturing — there is a risk to the wider industry that must be addressed
The expansion of the unit’s sphere of activity is to guarantee safety of South Koreans and freedom of navigation of vessels, says South Korea’s defence ministry
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
S&P Global Ratings said it would ‘closely monitor the potential long-term effect of the geopolitical tension in the region and the subsequent impact on the insurers’ business risk and financial risk profiles’
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
P&I Clubs, including those that provide cover for Bahri, have warned that switching off AIS could invalidate insurance
Shipping has once again been left with the threat of getting caught in the crossfire of escalating tensions in the wake of the US killing of Iranian general Qasem Soleimani. Joining the Podcast this week to discuss the risk assessment for shipping in the Strait of Hormuz are Bimco’s head of safety and security Jakob Larsen and Senior Maritime Analyst at Control Risks, Cormac Mc Garry
The rocket attack that unsettled the New York Stock Exchange on Wednesday clearly indicates that hostilities between the US and Iran are hardly over. Investors had no doubt of that, and the adverse effects on tanker shares showed it
All set! This article has been sent to firstname.lastname@example.org.
All fields are required. For multiple recipients, separate email addresses with a semicolon.
Please Note: Only individuals with an active subscription will be able to access the full article. All other readers will be directed to the abstract and would need to subscribe.