Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), has announced seven new hires and internal promotions as part of the development of its new companywide ethics and compliance function, first announced in
The U.S.Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken action against a large shipping network that, it says, “is directed by and financially supports the Islamic Revolutionary Guard
Britain’s new Foreign Secretary, Dominic Raab, has ruled out any exchange of the detained U.K flagged tanker Stena Impero for the Iranian owned Grace I. The idea of such a swap was
A U.K. Royal Navy frigate has blocked an attempt by Iran’s Islamic Revolutionary Guard Corps to interfere with the passage of a BP Shipping tanker through the Strait of Hormuz. According to
The seizure of a 300,00 dwt tanker by Gibraltar authorities early yesterday has provoked angry responses from Iran — and has also ruffled a few diplomatic feathers in Spain. Iran’s FARS news
At a press briefing in Washington this afternoon, U.S. Secretary of State Mike Pompeo blamed Iran for the attacks on two tankers that occurred in the Strait of Hormuz earlier today. “This
Attacks on two tankers in the Strait of Hormuz made headlines this morning. Iranian state controlled media showed images of a pillar of smoke rising from one ship and reported that Iranian
P&I insurance broker P. L. Ferrari & Co. is warning that the U.S. Treasury is strengthening its controls and surveillance to identify ships trading to sanctioned countries or areas. And that makes
Large shipping losses are now at their lowest level this century, declining by over 50% year-on-year, according to insurer Allianz Global Corporate & Specialty SE. Its latest annual Safety & Shipping Review,
Ship operators switching off their AIS transponders to indulge in activities such as sanctions busting may soon find that maritime domain awareness technology has caught up with them. Two tech companies are
