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Report: Iran to Acquire 158 New Ships
Iran unveiled a massive newbuilding program in an effort to modernize the country's fleet. [[ This [...]
US Blacklists Chinese Shipowner in New Sanctions against Iran
The Trump Administration has issued a new wave of sanctions against Iran. [[ This is a [...]
Insurance Rates Set to Surge amid Heightened Tensions in the Middle East
Tensions in the Middle East are expected to result in draconian conditions in maritime insurance policies. [...]
Petrobras Staying Clear from Strait of Hormuz for Now
Perobras ships will avoid transit through the Strait of Hormuz. [[ This is a content summary [...]
US Gives More Time to Companies to Wind Down Dealings with Cosco Dalian
U.S. extends the deadline to companies that deal with COSCO Shipping Tanker (Dalian) to wind down their [...]
Trump Administration Sanctions Iranian Shipping Network
OFAC designated an Iranian shipping network for alleged involvement in the smuggling of lethal aid from [...]
US: Firms Given Time to Wind Down Business with COSCO Units
The waiver allows "maintenance or wind down of transactions" and is valid until December 20. [[ [...]
Damaged Iranian Tanker to Undergo Repairs in Bandar Abbas
The tanker whose hull was damaged in a missile attack off Saudi Arabia will be repaired [...]
Iranian Tanker Damaged After Explosion off Jeddah
An Iranian tanker has suffered an explosion and caught fire in a suspected missile attack off [...]
US Sanctions COSCO Companies over Iran Trade
The U.S. sanctioned two COSCO subsidiaries in the latest move to curb the flow of Iranian [...]