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Stena Impero, owned by Swedish company Stena Bulk, was captured by the Iranian Revolutionary Guard Corps on July 19
Brightoil has recouped $201.6m from the disposal of three very large crude carriers and one aframax in June, and is expected to recover another $230m-$250m from the sale of the remainder of the fleet
LISW comes seven weeks before the UK leaves the European Union. How will that affect the country’s maritime sector? Where will the industry see gains and losses? How can shipping benefit from Brexit?
Tehran warns any attempt by the US to seize the Adrian Darya 1 — formerly Grace 1 — again will be met with ‘heavy consequences’
‘I have reached the firm conclusion that the process which led to the removal of Captain Rashid’s accreditation was deeply flawed, wholly unfair on him and a serious breach of the principles of fairness and natural justice’ — Mr Justice Martin Spencer
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