IRISL P&I insurer sanctioned
U.S. Treasury sanctions are making it harder for Islamic Republic of Iran Shipping Lines (IRISL) to get P&I cover. Yesterday, the Treasury designated Moallem Insurance Company under Executive Order 13382, an authority
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Iranian ships set for Sheriff’s sale
Three Iranian-owned, German-flagged ships have been impounded in Singapore. The three are set to be sold at a Sheriff’s Sale, December 14. If you want to bid,the details are HERE The Straits