Dark fleet suspect arrested in Miami
Taskin Torlak, a 37-year old Turkish national, was arrested in Miami, Nov. 2, and is currently being held in the Miami Federal Detention Center. He has been charged with conspiring to violate
Search Results for: sanctions
OFAC targets more companies, ships and captains with links to al-Jamal network
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) yesreday sanctioned eighteen companies, individuals, and vessels for their ties to Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF)-backed Houthi financial official Sa’id
U.K. cracks down on 10 ships in Putin’s “shadow fleet”
The U.K. has sanctioned 10 vessels in Russia’s “shadow fleet” of ships that use illicit practices to avoid sanctions on Russian oil. This is the third time that the U.K. has sanctioned
Ship registries launch RISC: A new tool to strengthen maritime compliance
Leading ship registries — including the world’s largest, the Liberian International Ship & Corporate Registry (LISCR) — have launched the Registry Information Sharing Compact (RISC) database. The initiative, created as a sovereign
Allianz: Shipping losses are down, but don’t get too comfortable about that
While losses of large vessels last year reached a record low, marine insurer Allianz Commercial says that the industry will have its work cut out to maintain this status quo in future.
FMC launches probe of Canadian ballast water regs
Pending Canadian ballast water management regulations have been slammed as “the epitome of an unfair business practice,” by the U.S. based Lake Carriers Association (LCA), which filed a petition asking the Federal
U.S. still world’s number 4 shipowning nation
VesselsValue has unveiled its list of this year’s top 10 shipowning nations, based on the total asset values of vessels and their country of beneficial ownership. Rebecca Galanopoulos-Jones, senior content analyst, Veson
7 tips for ports on business interruption insurance
By Ed McNamara, Armada Risk Partners In these uncertain times, ports across the globe face multiple business interruption threats. It’s a lengthy list that includes strikes and political protests, cyber-attacks, ship collisions,
White House: Houthis to be designated as terrorists again
Against the backdrop of continued Houthi attacks on merchant shipping, the White House announced today that the Iranian-backed group (formally known as Ansarallah) will be designated as a “Specially Designated Global Terrorist.”
OFAC moves to stem flow of Iranian funding to Houthis
As the Houthi attacks that began with the hijacking of the Galaxy Leader continue to disrupt Red Sea shipping, the U.S. is moving to stem the flow of the Iranian money that