On February 9, Singapore’s Unicious Energy Pte Ltd was among nine companies targeted by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) for facilitating the sale and shipment
While waterways operators may be relaxing a little after the industry’s successful completion of the four-year Certificate of Inspection phase-in of the Subchapter M towing vessel safety program, they now face further
Back in April last year, U.S. and Spanish authorities seized the $90 million yacht Tango owned by sanctioned Russian oligarch Viktor Vekselberg. On Friday, indictments were unsealed in the U.S. District Court
Some of the biggest charterers of ships, most of whom also own ships, have sharply criticized BIMCO’s Carbon Intensity Indicator (CII) operations clause. BIMCO’s standardized charters and clauses are one of the
Mediterranean Shipping Company (MSC) says it is “aware of” a mid-December 2022 Bloomberg media story about the 2019 incident in which the 10,766 TEU MSC Gayane became the largest vessel ever seized
The Liberian International Ship and Corporate Registry (LISCR) has hired Commander Jason Boyle, USCG, Ret., as vice president of fleet performance, based at its Dulles, Va., headquarters Boyle recently retired after 20
The U.S. Department of Transportation’s Maritime Administration (MARAD) has entered into a new cooperative agreement with the Ship Operations Cooperative Program (SOCP) to develop and update resources that promote zero tolerance of
To help decision makers chart their way through the major technical and operational changes they face in achieving the CO2 reduction targets for 2030 agreed by the IMO, the International Chamber of
A U.S. Caribbean ECA offense that saw two companies hit with fines of $3 million back in 2019 has now brought a third company a criminal fine of $250,000. Ionian Management Inc.,
The bipartisan leaders of two key House panels have written Secretary of Homeland Security Alejandro Mayorkas expressing their concern over his approvals of recent Jones Act waivers. The letter, which concludes with