Bunker suppliers’ and traders' main concern about sanctions should focus on credit, customer relations, and reputational damage that might come from association with customers, counterparties or...
In addition to designating Sovcomflot, OFAC is identifying 14 crude oil tankers as property in which Sovcomflot has an interest.
Hennesea is the ultimate owner of 18 vessels, including the “HS Atlantica”, which OFAC previously identified for transporting Russian crude oil priced above USD 60 price...
Sanctions have been imposed on United Arab Emirates-based Lumber Marine and Turkiye-based Ice Pearl Navigation, which operated tankers carrying Russian cruise oil priced above USD 60...
Australian authorities are looking out for illegal bunkering or illegal ship-to-ship fuel transfer amongst other activities involving North-Korean flagged vessels, says Japan government.
Shipping organisations pointed out at MEPC 80 that while there should be no furtive STS operations, distinctions need to be made between legitimate and illicit STS...
From 24 July 2023, vessels that engage in STS transfers can be prohibited from EU ports and locks if there is reasonable cause to suspect they...
The Lighthouse Winmore either delivered fuel oil or marine gas oil to a North Korean vessel in late December, says Platts.