Sanctions News


Seized Iranian-flagged Tanker Taken to Piraeus Port

Jul 02, 2022

An Iranian-flagged tanker seized by Greece in April, part of whose cargo was confiscated by the United States, was being towed to the port of Piraeus on Saturday, Greek coast guard officials said, after Greek authorities approved its release.For over two months the Iranian-flagged Lana has been anchored off the Greek island of Evia in a diplomatic impasse which strained Athens' relations with Tehran amid growing tensions between Iran and the United States…

No New Import Bans in Next EU Russia Sanctions Package

Feb 04, 2024

The European Commission will not add any new import bans in its next package of sanctions on Russia, EU diplomats said, as a 13th package proposal takes its final shape.The Commission and European Union member states want to quickly pass a new…

Japan Responds to Fresh Sanctions on Arctic LNG 2

Sep 19, 2023

Japan will ensure stable and steady energy supply to the country even after the U.S. imposed fresh sanctions related to Russia's Arctic LNG 2 project, Japan's Chief Cabinet Secretary Hirokazu Matsuno said on Tuesday.The Arctic LNG 2 project…

Iranian Oil Cargo Being Unloaded After Long Delay

Aug 20, 2023

A cargo of Iranian crude oil that was seized by the United States was unloading on Sunday after waiting two-and-a-half months off the coast of Texas to discharge, ship tracking data showed.Suez Rajan, a Marshall Islands-flagged tanker, has been anchored off Galveston…

Maritime AI Firm Launches Russia Sanctions Compliance Tool

Mar 14, 2022

A predictive intelligence company applying AI global maritime trade has launched a solution to minimize risk exposure in maritime trade as it relates to ongoing sanctions against Russia.In response to the recent Russian invasion into Ukraine…

U.S. Thinking of Barring Russian Ships from U.S. Ports

Mar 03, 2022

The Biden administration is considering following Canada in barring Russian ships from U.S. ports, a government official said on Wednesday.A White House spokeswoman said no decision has been made.On Tuesday, Canada shut its ports to Russian-owned ships and barred them from Canadian waters…

Lithuania Could Ban Russian Vessels from Its Ports

Mar 02, 2022

Lithuania's government will vote on Wednesday on whether to ban Russian vessels from its ports following the invasion of Ukraine, the BNS news agency reported on Wednesday.'Ships sailing under an aggressor flag will have no place in the Klaipeda port…

US Imposes Fresh Sanctions on Iran

Jan 15, 2021

The United States on Friday sanctioned companies in Iran, China and the United Arab Emirates for doing business with the Islamic Republic of Iran Shipping Lines and on three Iranian entities over conventional arms proliferation.They are the…

US Hits Iran With Fresh Sanctions

Jan 05, 2021

The United States on Tuesday blacklisted a Chinese company that makes elements for steel production, 12 Iranian steel and metals makers and three foreign-based sales agents of a major Iranian metals and mining holding company, seeking to deprive Iran of revenues as U…

US Blacklists Chinese, UAE Companies Over Sale of Iranian Petrochemicals

Dec 17, 2020

The United States on Wednesday imposed sanctions on companies based in China and the United Arab Emirates, accusing them of supporting the sale of Iranian petrochemicals as Washington increases pressure on Tehran in the closing days of President Donald Trump's term…

US Targets Coal Shipments in Fresh N. Korea-related Sanctions

Dec 08, 2020

The United States imposed new sanctions on six groups and four vessels related to the transport of North Korean coal on Thursday, including operations based in China, the Treasury Department said on Tuesday.'The DPRK (North Korea) continues to circumvent the U…

Phantom Buyers in Russia, Advice from Iran Help Venezuela Skirt Sanctions

Nov 10, 2020

On Aug. 21, a tanker called the Otoman docked at the Jose oil terminal on Venezuela’s coast in the Caribbean to load 1.82 million barrels of heavy crude, according to the state oil company’s internal documents.Yet no tanker with that name is registered in major global shipping databases…

US Blacklists Chinese Entities, Individuals Over Iran Shipping Ties

Oct 20, 2020

The United States on Monday said it blacklisted two Chinese men and six Chinese entities for having dealt with Iranian shipping company Islamic Republic of Iran Shipping Lines (IRISL) and, in some cases, helping it to evade U.S. sanctions.The U…

US Imposes New Iran Sanctions

Oct 09, 2020

The United States on Thursday slapped fresh sanctions on Iran’s financial sector, targeting 18 banks in an effort to further choke off Iranian revenues as Washington ramps up pressure on Tehran weeks ahead of the U.S. election.The move freezes any U…

US Preparing Tighter Oil Sanctions on Venezuela

Sep 01, 2020

The Trump administration is looking to tighten oil sanctions on Venezuela in the near future, top U.S. envoy for the country told Reuters on Monday, by potentially removing exemptions that allow some oil companies to exchange Venezuelan crude for fuel from the OPEC member…

Logistics News

EU Clears CMA CGM's Acquisition of Bollore Logistics, Subject to Conditions

EU Clears CMA CGM's Acquisition of Bollore Logistics, Subject to Conditions

ZIM Names Trio of LNG Containerships

ZIM Names Trio of LNG Containerships

Porto Chibatão Installs Four Harbor Cranes

Porto Chibatão Installs Four Harbor Cranes

Floating Production – A Growing Segment in Transition

Floating Production – A Growing Segment in Transition

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