MARCH 24, 2016 —Genoa, Italy, headquartered RINA Services and the Tehran, Iran, headquartered Asian Classification Society (ACS) recently classified two 15,000 gt general cargo owned by IRISL, Iran’s largest shipping company. RINA
MARCH 22, 2016 — According to the Allianz Global Corporate and Specialty Safety and Shipping Review 2016, the shipping industry saw the number of total losses remain stable during 2015, declining slightly
NOVEMBER 18, 2015—Are you ready for an oil rebound? Barclays Corporate Banking is predicting that next year the demand for oil will triple and crude oil will hit $60 per barrel. Barclays
JULY 20, 2015 — A leading P&I insurer is warning that concerns continue to be raised by the increasing demands for ships to use low sulfur fuels. “There are increasing demands on
JUNE 19, 2015 — Every cruise line that anyone has ever heard of has already stopped calling Crimean ports since the Russian annexation of the area. Be that as it may, the
JUNE 1, 2015 — The U.S. Department of Justice reports that AML Ship Management GmbH, a German company, was last week sentenced in federal court in Anchorage, AK, to pay a total
MAY 15, 2015 — Shipowners with any kind of legal dispute with an Iranian entity would be well advised to steer clear of waters patrolled by Iran’s Islamic Revolutionary Guard Navy. That
MAY 6, 2015 — The U.S. Treasury’s Office of Foreign Assets Control (OFAC) yesterday issued a guidance regarding travel between the United States and Cuba covering on which individuals may be transported
DECEMBER 17, 2014 — President Barack Obama today announced what look to be significant steps to normalize relations with Cuba. Although he unveiled a significant rolling back of restrictions, it is unclear
AUGUST 22, 2014 — Copenhagen, Denmark, headquartered DFDS Seaways is feeling the impact of the sanctions tit for tat between the EU and Russia resulting from Russia’s actions in Ukraine and Korea.
