Oligarch yacht Tango announcement

Russia sanctions: Two indicted, one arrested, in Tango yacht case

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

CII letter to BIMCO was addressed to Sabrina Chao

Charterers to BIMCO: CII clause won’t work

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

MSC Gayane

MSC: Bloomberg gets it wrong on MSC Gayane coke bust story

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

Port State Control expert joins LISCR

LISCR names Jason Boyle vice president of fleet performance

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

SOCP will promote SASH zero tolerance

MARAD and SOCP in new agreement on SASH zero tolerance

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

EEXI and CII guide

ICS launches new guide to help owners and operators navigate EEXI and CII

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

M/V Joanna case ruling

Third company fined in U.S. ECA sulfur case

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.,

Vessel Sharing Arrangements are under attack on Capitol Hill

Mayorkas faces Congressional ire over Jones Act waivers

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

Hodgkinson advises on CII and EEXI compliance

Op-Ed: Knowledge and planning are critical CII and EEXI compliance tools

by Simon Hodgkinson, Head of Loss Prevention at West P&I Regulators are hopeful that impending Carbon Intensity Indicator (CII) and Energy Efficiency eXisting ship Index (EEXI) regulations will represent a sea change

Kwek has now been designated under OFAC sanctions

OFAC slaps sanctions on FBI-wanted shipowner

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) last week designated two individuals and three entities for activities related to the exportation of petroleum to the Democratic People’s