Company says it has accepted an offer from Swiss commodity trader Gunvor to purchase Lukoil International GmbH, its wholly-owned subsidiary, which owns the group’s international assets.
On 22 October, the US Department of the Treasury’s OFAC announced new sanctions on Rosneft and Lukoil, Russia’s two biggest oil companies; Lukoil supplies marine fuels...
Contracts to build four MR tankers were terminated after the shipbuilder was informed that the buyer’s sole shareholder was involved in a scheme to circumvent US...
Panama Maritime Authority has begun the process of canceling the registration of the 17 sanctioned vessels, pursuant to Executive Decree No. 512 of 18 October 2024.
‘Russia uses these vessels to circumvent international sanctions and sustain its illegal and immoral war against Ukraine,’ says Australian Foreign Minister Penny Wong in a statement.
Government has imposed sanctions on 20 oil tankers and Rosneft’s bunker fuel trading subsidiary Rosneft Marine (UK) Limited, in its latest action targeting Russia’s financial, military...
UANI recently accused Panama of its ‘longstanding role’ in facilitating Iran’s illicit oil trade and urged Panama to de-flag all Iranian oil-smuggling vessels.
All Panama-flagged vessels with a gross tonnage of 150 or more must notify the Flag State with key data, including identity of participating vessels, at least...
Latest sanctions target 18 more ships in the ‘shadow fleet’ carrying Russians oil; John Michael Ormerod, a British national, also faced sanction for procuring ships for...
Marine fuel testing and surveying firm CCIC Singapore was accused of concealing the identity of a sanctioned vessel and certifying its Iranian oil cargo as Malaysian...
