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Sanctions News

Iranian tanker violates U.S. sanctions again, carrying Venezuelan crude on the return tripIranian tanker violates U.S. sanctions again, carrying Venezuelan crude on the return tripAfter defying U.S. sanctions by shipping a cargo of oil condensate to Venezuela just last week, Iran is using the same ship to help the Latin American country export its crude.24 September 2020 Thursday 11:00
Trump Administration Preparing Tighter Venezuela Oil SanctionsTrump Administration Preparing Tighter Venezuela Oil SanctionsThe Trump administration is looking to tighten oil sanctions on Venezuela in the near future, top U.S. envoy for the country told Reuters on Monday01 September 2020 Tuesday 17:00
U.S. Dishes Out First Sanctions in South China Sea DisputeU.S. Dishes Out First Sanctions in South China Sea DisputeThe United States on Wednesday blacklisted 24 Chinese companies and targeted individuals it said were part of construction and military actions in the South China Sea, its first such sanctions move against Beijing over the disputed strategic waterway.26 August 2020 Wednesday 15:35
Tehran Says Ships Targeted by U.S. Were Holding Iranian FuelTehran Says Ships Targeted by U.S. Were Holding Iranian FuelFour tankers whose fuel was seized by the U.S. over the past month were heading to Venezuela and carrying gasoline loaded in Iran, according to Iranian Oil Minister Bijan Namdar Zanganeh.17 August 2020 Monday 13:25
Despite Sanctions, Iranian Cargo Ship Delivers Food to VenezuelaDespite Sanctions, Iranian Cargo Ship Delivers Food to VenezuelaThe Iranian cargo ship Golsan has arrived in the Venezuelan port of La Guaira, delivering an aid cargo despite the American sanctions on both nations.25 June 2020 Thursday 10:45
US sanctions against Iranian shipping network come into effectUS sanctions against Iranian shipping network come into effectOn 8 June, US sanctions targeting the Iranian shipping network came into effect, six months after they were announced by the Trump administration.10 June 2020 Wednesday 10:35
Chevron Oil Cargo Tangled in U.S. Sanctions on VenezuelaChevron Oil Cargo Tangled in U.S. Sanctions on VenezuelaA Chevron Corp crude oil cargo has become embroiled in U.S. sanctions on shipping companies for violating restrictions on doing business with Venezuela, the company confirmed on Friday.06 June 2020 Saturday 10:29
U.S. Sanctions Four Shipping Companies for Transporting Venezuelan OilU.S. Sanctions Four Shipping Companies for Transporting Venezuelan OilThe U.S. Treasury Department on Tuesday said it had sanctioned four shipping firms for transporting Venezuelan oil, the latest escalation in Washington’s effort to oust socialist President Nicolas Maduro by cutting off the OPEC nation’s crude exports.03 June 2020 Wednesday 10:40
Panama Threatens Sanctions For Ships Disabling Positioning SignalsPanama Threatens Sanctions For Ships Disabling Positioning SignalsPanama’s maritime authorities issued a stern warning to all Panamanian flagged vessels seen as another crackdown on common tactics used by ships trying to avoid international restrictions or hide their activities.02 June 2020 Tuesday 14:15
U.S. Warns of Deceptive Shipping Practices to Evade SanctionsU.S. Warns of Deceptive Shipping Practices to Evade SanctionsThe United States issued a global advisory detailing the deceptive shipping practices being used by Iran, North Korea, and Syria to evade the current economic sanctions warning the shipping industry to be vigilant or face sanction violations.16 May 2020 Saturday 13:22
Trump Administration Issues Global Maritime Advisory to Avoid Sanctions RiskTrump Administration Issues Global Maritime Advisory to Avoid Sanctions RiskThe Trump administration on Thursday issued guidelines to help ship owners and insurers avoid the risks of sanctions penalties, standards that maritime players.15 May 2020 Friday 09:32
North Korea Ships’ Sanctions Busting in Chinese WatersNorth Korea Ships’ Sanctions Busting in Chinese WatersOn Oct. 10 last year, eight North Korean vessels – several carrying illicit coal shipments – were anchored in Chinese waters off the port of Ningbo-Zhoushan, according to a photo in a U.N. report published online on Friday.21 April 2020 Tuesday 17:10
Mercantile & Maritime to Comply with US Sanctions against Rosneft TradingMercantile & Maritime to Comply with US Sanctions against Rosneft TradingSingapore-based tanker owner Mercantile & Maritime is planning to end its shipping of Venezuelan oil for Rosneft in line with the sanctions imposed by the United States against the Russian oil giant’s Geneva-based trading arm Rosneft Trading S.A.04 March 2020 Wednesday 09:37
Chinese tanker siezed by Cambodia, suspect in DPRK sanctions violationChinese tanker siezed by Cambodia, suspect in DPRK sanctions violationTanker COURAGEOUS was seized by Cambodia Navy Police on Feb 27 in Cambodian waters02 March 2020 Monday 13:54
US Lifts Sanctions against Cosco DalianUS Lifts Sanctions against Cosco DalianThe United States lifted its sanctions against Cosco Shipping Tanker (Dalian) Co, a unit of Chinese shipping major Cosco Shipping Corporation, which were imposed last year over imports of Iranian oil.03 February 2020 Monday 12:14
US Blacklists Chinese Ship owner in New Sanctions against IranUS Blacklists Chinese Ship owner in New Sanctions against IranThe Trump Administration has issued a new wave of sanctions against Iran following the escalation of tensions in the region and retaliatory missile attacks launched last week against U.S. military bases in Iraq.13 January 2020 Monday 15:10
Petrobras Staying Clear from Strait of Hormuz for NowPetrobras Staying Clear from Strait of Hormuz for NowBrazilian state-controlled oil and gas company Petroleo Brasileiro SA (Perobras) said on Wednesday that its ships will avoid transit through the Strait of Hormuz amid escalating tensions in the region.09 January 2020 Thursday 15:38
US Gives More Time to Companies to Wind Down Dealings with Cosco DalianUS Gives More Time to Companies to Wind Down Dealings with Cosco DalianThe U.S. Treasury Department has extended the deadline to companies that deal with COSCO Shipping Tanker (Dalian) to wind down their transactions with the company and its units, pushing the target time to February 4, 2020.23 December 2019 Monday 17:30
Trump signs defence spending bill imposing sanctions on TurkeyTrump signs defence spending bill imposing sanctions on TurkeyU.S. President Donald Trump has signed a defence bill, which imposes sanctions on Turkey over Ankara’s decision to acquire Russian S-400 missile systems, U.S. Department of Defense announced on Twitter.21 December 2019 Saturday 16:14
US Gov’t Confirmed as Owner of Seized North Korean BulkerUS Gov’t Confirmed as Owner of Seized North Korean BulkerThe US Department of Justice has announced the entry of a judgment of forfeiture regarding Wise Honest, a North Korean bulk carrier which allegedly violated the US sanctions.23 October 2019 Wednesday 10:51
Yamal LNG Carrier JV No Longer Subject to US SanctionsYamal LNG Carrier JV No Longer Subject to US SanctionsSix ice class LNG carriers, owned by Teekay LNG’s 50/50 joint venture with China LNG, are no longer subject to U.S. sanctions.23 October 2019 Wednesday 09:56
COSCO Tankers Go Dark Amid U.S. SanctionsCOSCO Tankers Go Dark Amid U.S. SanctionsOct 9 About one-third of the oil tankers owned by COSCO Shipping Tanker(Dalian)have shut off their ship-tracking transponders since the United States imposed sanctions on the company for allegedly shipping Iranian crude, shipping data showed.10 October 2019 Thursday 12:00
Blow for Iran as Chinese oil group pulls out of flagship gas field projectBlow for Iran as Chinese oil group pulls out of flagship gas field projectChinese oil company CNPC has withdrawn from Iran’s flagship hydrocarbons project in a further blow to the Islamic republic’s economy, which has been hammered by US sanctions.08 October 2019 Tuesday 10:41
Sanctions good for tankers as VLCC rates skyrocketSanctions good for tankers as VLCC rates skyrocketSanctions are not something generally seen as good for shipping, as they usually impede free trade, but the latest US sanctions against Cosco for carrying Iranian oil have caused the VLCC market to skyrocket.07 October 2019 Monday 10:24
COSCO Sanctions Send U.S. to Asia Tanker Rates to Record HighCOSCO Sanctions Send U.S. to Asia Tanker Rates to Record HighFreight rates for U.S. crude tankers bound for Asia hit an all-time high on Wednesday as U.S. sanctions on a Chinese transport giant cut vessel availability, traders and shipbrokers said.03 October 2019 Thursday 09:18
US Sanctions Russian Ships for Jet Fuel Deliveries to SyriaUS Sanctions Russian Ships for Jet Fuel Deliveries to SyriaThe U.S. Department of the Treasury has announced new sanctions against Russian entities and vessels over their alleged involvement in “a sanctions evasion scheme” to transport jet fuel to Russian forces operating in Syria.27 September 2019 Friday 17:19
China’s Unipec Scoops Up Charters as U.S. Sanctions COSCO TankersChina’s Unipec Scoops Up Charters as U.S. Sanctions COSCO TankersChina’s Unipec has made replacement bookings for four oil shipments from the Middle East Gulf after the United States imposed sanctions on the tanker subsidiaries of China’s COSCO, three shipping sources said on Thursday.27 September 2019 Friday 14:23
US Sanctions COSCO Companies over Iran TradeUS Sanctions COSCO Companies over Iran TradeThe U.S. Department of the Treasury has sanctioned a total of six Chinese companies, including COSCO subsidiaries, over alleged breaches of U.S. sanctions on Iran.26 September 2019 Thursday 13:20
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