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Sanctions News

Greek Shipowners Kill EU’s Russian Oil Tanker BanGreek Shipowners Kill EU’s Russian Oil Tanker BanThe European Union is set to soften its sanctions package on Russian oil exports after a weekend of wrangling, though it aims to keep a key shipping provision that will hinder Moscow’s ability to export its crude.11 May 2022 Wednesday 12:53
Fleetscape Probing Possible Iran Oil Transfer To Ship It FinancesFleetscape Probing Possible Iran Oil Transfer To Ship It FinancesUK-based maritime company Fleetscape is investigating the possible transfer of Iranian oil to a tanker it finances, the Oaktree Capital Management-backed firm said after allegations by a U.S. advocacy group.19 February 2022 Saturday 11:00
Iran Says U.S. to Lift All Oil and Shipping SanctionsIran Says U.S. to Lift All Oil and Shipping SanctionsIran said on Wednesday the United States had agreed to remove all sanctions on Iran’s oil and shipping, although Germany cautioned that major issues remained at talks between Tehran and world powers to revive a 2015 nuclear deal.23 June 2021 Wednesday 10:30
Sanctions-busting tankers set for the scrapheapSanctions-busting tankers set for the scrapheapVintage ships moving sanctioned oil cargoes could head to be broken up as the Biden administration in the US looks at sanctions relief for both Iran and Venezuela.31 May 2021 Monday 11:43
Iran allows crew of detained Korean tanker to head homeIran allows crew of detained Korean tanker to head homeThe South Korean-flagged tanker was seized on January 4 by Iran’s Revolutionary Guards near the Strait of Hormuz, with Iranians claiming the ship had broken environmental rules, something the ship’s owner in Busan, DM Shipping, denied.03 February 2021 Wednesday 12:17
US Targets Iran's Metals and Shipping Industries with New SanctionsUS Targets Iran's Metals and Shipping Industries with New SanctionsThe latest round of sanctions announced jointly by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the U.S. Department of State was aimed at Iran’s metals industry.07 January 2021 Thursday 12:00
IRISL hit by further US sanctionsIRISL hit by further US sanctionsThe United States has blacklisted 17 companies and one individual in connection with Iran’s metals industry in the latest round of sanctions against Iran.06 January 2021 Wednesday 10:05
U.S. Targets North Korea Coal Shipments with New SanctionsU.S. Targets North Korea Coal Shipments with New SanctionsThe United States has blacklisted six companies, including several based in China, and four ships accused of illicit exports of North Korean coal, the Treasury Department said on Tuesday.08 December 2020 Tuesday 16:09
NITC targeted in latest US sanctions against IranNITC targeted in latest US sanctions against IranThe US Treasury Department has imposed sanctions against the Iranian oil sector including the oil ministry, oil minister, and the state-owned oil and shipping company in its latest round of sanctions against the country.27 October 2020 Tuesday 10:00
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
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