In the first UK-led operation of its kind, the vessel “SMYRTOS” was boarded by Royal Marine Commandos and law enforcement officers from the National Crime Agency.
In 2024, the US reportedly imposed sanctions on LNG Gamma Shipping, LNG Delta Shipping, LNG Beta Shipping and LNG Alpha Shipping for their alleged links to...
According to a Reuters report citing four industry sources, the company plans to cease operations and is expected to wind down operations by late May.
State Department alleged that the terminal has accepted cargo from multiple vessels which conducted illicit STS transfers of Iranian-origin crude off the coast of Singapore.
‘OFAC is issuing this alert to warn U.S. and non-U.S. persons about the sanctions risks of making these payments to, or soliciting guarantees from, the Iranian...
China’s Hengli Group company shifted most of the ownership of Hengli Petrochemical International to Dalian Changxing International Trade, a firm backed by a local Chinese government...
OFAC said Hengli Petrochemical (Dalian) Refinery, China’s second-largest teapot refinery, has emerged as one of Tehran’s most valued customers, purchasing billions of dollars’ worth of its...
Kwek Kee Seng, who had a USD 5 million bounty on his whereabouts, pleaded guilty to three counts of flouting UN sanctions, one count for receiving...
With sanctions increasingly targeting the maritime industries, Constance Leong and Jessica Cheung detail practical challenges and contractual mechanisms to mitigate legal risks.
UK Treasury’s Office of Financial Sanctions has extended the validity of the general licence covering subsidiaries of Russian oil company Lukoil, operating in Bulgaria.
