UK PM to Discuss Grace 1 Tanker with Gibraltar

July 17, 2019

British Prime Minister Theresa May will meet with Gibraltar's Chief Minister Fabian Picardo later on Wednesday to discuss the detained Iranian oil tanker Grace 1, a spokesman for May said.

The tanker was seized earlier this month by British Royal Marines off the coast of the British Mediterranean territory of Gibraltar on suspicion of violating sanctions against Syria.

May and Picardo will also discuss Brexit, the spokesman said.

Reporting by Elizabeth Piper

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

Subscribe for Maritime Logistics Professional E‑News

INDIA RUPEE - Rupee's appreciation is capped by dollar offers from state-run and foreign banks
Tanjug Agency reports that the US has postponed sanctions against Serbian NIS Oil Company for a fourth time.
China bans power banks that are not certified and have been recalled from planes