OFAC placed Maritime Assistance LLC and five vessels under sanctions after co-investigation with the FBI.
Trading halted ‘pending release of an announcement in relation to inside information of the company’.
Several companies, including COSCO shipping entities, were placed under Iranian sanctions on Thursday.
Equatorial Marine Fuel Management Services and Global Energy Trading sources confirm recent purchases.
‘We are thankful to the authorities of the Port of Fujairah and our partners for their continued trust in us.’
Court document records total debt of approx. USD $121 million owned to Vitol, BNP Paribas, Unicredit, Vilma Oil, Sahara Energy Resource Limited, and Septo Trading.
Some bunker buyers point out less need to manually clean out vessels' fuel tanks by starting transition early.
Targets 5% share in Singapore’s marine fuels market in five years through use of Indonesian blending facilities.
‘Domestic shipping will start complying as soon as the low sulphur fuel is available,’ official tells Platts.
CMA CGM Jacques Saade is the first of nine 23,000-TEU boxships ordered by Rodolphe Saadé in 2017.
