Legal News - page 37

 

INSIGHTS: Noose Tightens Around Iranian Shipping

Jul 26, 2019

Somewhere on its journey from the waters off Iran, around Africa's southern tip and into the Mediterranean, the Grace 1 oil tanker lost the flag under which it sailed and ceased to be registered to Panama. Iran later claimed it as its own.The…

Denmark backs Britain's Hormuz Naval Plan

Jul 26, 2019

Denmark said on Friday it welcomed a British government proposal for a European-led naval mission to ensure safe shipping through the Strait of Hormuz and would consider a military maritime contribution.Britain has sought to assemble the mission in Hormuz…

Singapore's Ocean Tankers tests IMO-2020 Compliant Fuel

Jul 26, 2019

Off the coast of Singapore, the world's largest ship refuelling centre, a bunker barge sidled next to the supertanker Pu Tuo San to fill the giant vessel with a new type of fuel that will meet global standards that start up in January.With a…

American Shipbuilding Act Re-introduced

Jul 26, 2019

Congressman John Garamendi and U.S. Senator Roger Wicker reintroduced the Energizing American Shipbuilding Act (H.R.3829), that seeks to revive domestic shipbuilding and maritime industries by requiring that increasing percentages of liquefied natural gas and crude oil exports be transported on U…

Brazil: No Trade Impact to Iran Shipping Impasse

Jul 24, 2019

Brazil's foreign trade secretary Lucas Ferraz said there are no signs that the impasse involving Iranian ships without fuel near Brazilian ports will affect bilateral trade relations.So far, Ferraz said, there has been no impact on Brazilian exports to Iran…

Regulatory Crewing Challenges for Offshore Wind Vessels

Jul 23, 2019

Every day we see more and more news about how the planning for new offshore wind projects continues to expand with the increasing investment from both domestic and foreign interests in these projects.  This is resulting in both developers and…

Stena Bulk Asks to Visit Crew of Seized Tanker

Jul 21, 2019

The British operator of the tanker seized by Tehran, Stena Bulk, made a request on Sunday, July 21st, to visit the 23 crew members of the seized tanker Stena Impero, and is expecting a response from the Iranian government.A statement from the…

Second Tanker in Gulf Turns Sharply Towards Iran

Jul 19, 2019

A second oil tanker, the British-operated, Liberian-flagged Mesdar, turned sharply north towards Iran's coast on Friday afternoon after passing westward through the Strait of Hormuz into the Gulf, according to Refinitiv tracking data.The turn took place at about 1600 GMT…

Iran: British-flagged Tanker Seized in Gulf

Jul 19, 2019

Iran's Revolutionary Guards said on Friday they had captured a British-flagged oil tanker in the Gulf after Britain seized an Iranian vessel earlier this month, further raising tensions along a vital international oil shipping route.Britain…

Stakeholders Ignore U.S. Middle East Coalition Proposals

Jul 19, 2019

The United States is struggling to win its allies' support for an initiative to heighten surveillance of vital Middle East oil shipping lanes because of fears it will increase tension with Iran, six sources familiar with the matter said.Washington…

Trump: U.S. Ship Destroyed Iranian Drone in Strait of Hormuz

Jul 18, 2019

President Donald Trump said the USS Boxer destroyed an Iranian drone in the Strait of Hormuz on Thursday after the aircraft threatened the ship by flying to within 1,000 yards of it.He called on other countries to condemn Iran and protect their own ships.Reporting by Steve Holland

Iran Grain Ships Stranded in Brazil due to U.S. Sanctions

Jul 18, 2019

Two Iranian vessels have been stranded for weeks at Brazilian ports, unable to head back to Iran due to lack of fuel, which state-run oil firm Petrobras refuses to sell them due to sanctions imposed by the United States.The vessels Bavand and Termeh came to Brazil a couple months ago carrying urea…

US DOS: Iran Must Release Seized Ship, Crew

Jul 18, 2019

Iran must immediately release a vessel it seized in the Gulf and its crew, a U.S. State Department spokesperson said on Thursday.'The United States strongly condemns the Islamic Revolutionary Guard Corps Navy’s continued harassment of vessels…

US to Work "aggressively" for Free Gulf Passage

Jul 18, 2019

U.S. Central Command chief General Kenneth McKenzie said on Thursday it was talking to other countries about freedom of navigation in the Gulf and would work 'aggressively' to find a solution to enable free passage.The United States has beefed…

UK PM to Discuss Grace 1 Tanker with Gibraltar

Jul 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…

Logistics News

Maersk: Effective US Tariffs Average Around 21% Currently

Maersk: Effective US Tariffs Average Around 21% Currently

US Grain Shipments Surge 9% in face of Chinese Tariffs

US Grain Shipments Surge 9% in face of Chinese Tariffs

Great Lakes Limestone Trade Up in June

Great Lakes Limestone Trade Up in June

Consilium Safety Group Appoints New Chairman of the Board

Consilium Safety Group Appoints New Chairman of the Board

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Maersk estimates that effective US tariffs currently average 21%
Kenya is looking to privatise assets of the state to attract private sector investments, according to President Ruto
Data shows that Russian gas exports to Europe fell 18% m/m between June and July.