Iran infuriated by seizure of tanker off Gibraltar

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

Turning off AIS just became an even bigger no no

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

U.S. seizes sanctions-busting North Korean bulker

The United States has seized a sanctions-busting North Korean bulker not on the high seas, but through the filing of a civil forfeiture complaint in the U.S. District Court for the Southern

Tanker owner “shocked” to be on OFAC sanctions list

Italian tanker operator PB Tankers said yesterday that it was “shocked and concerned” that it had been designated by the U.S. Treasury’s Office of Foreign Assets Control as subject to sanctions aimed

OFAC adds four shipping companies to Venezuela sanctions list

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) last Friday designated four shipping companies that operate in the oil sector of the Venezuelan economy as subject to U.S. sanctions.

Two shipyards designated in latest round of Russia sanctions

Two shipyards, a marine diesel manufacturer and an offshore oil and gas exploration company are among Russian entities designated Friday by the U.S. Department of the Treasury’s Office of Foreign Assets Control

VIDEO: 14 die in two ship fire as fuel transfer turns deadly

JANUARY 22, 2019 — A ship to ship fuel transfer that likely was in breach of international sanctions appears to have gone disastrously wrong. Fourteen people have died after two ships caught

N. Korea Sanctions: U.S. designates Singapore marine fuel company

OCTOBER 26, 2018 — The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) yesterday announced North Korea-related designations of two Singapore based entities and one individual, while the U.S.

Greek tanker owners will be hit by U.S. sanctions on Iran oil

AUGUST 13, 2018 – According to, Greek shipowners are among those most likely to be affected by U.S. sanctions on Iranian oil exports. According to VesselsValue Trade Analyst Adil Aliev, a

U.S. reimposes sanctions on Iran’s maritime and energy sectors

MAY 8, 2018 —President Donald J. Trump today announced his decision to pull the United States from the Iran nuclear deal, more formally called the Joint Comprehensive Plan of Action (JCPOA), and