Shipping and energy have become the focus of foreign policy initiatives with an increasingly complex regime of sanctions that are more insidious than in the past.
Cyprus has proposed a series of measures to the European Commission to halt defections and bolster the shipping industry hit by European sanctions on Russia following its invasion of Ukraine.
A meeting Society of Maritime Arbitrators (SMA), focused on, with considerable head scratching, the role of P&I insurance and the difficulties and intricacies of enforcing the new waves of sanctions and caps tied to movements of crude oil from...
The Djibouti-flagged VLCC Young Yong which grounded in Indonesia waters of the Singapore Strait on 26 October has been blacklisted by the US as part of network supporting Iranian oil shipments in breach of sanctions.
The European Union (EU) needs to ensure its sanctions on Russia sanctions do not negatively impact the bloc or individual member states, especially when it comes to the shipping sector, said Cyprus President, Nicos Anastasiades.
Successive rounds of European Union (EU) sanctions have steadily tightened the screw on Russian oil exports since the country invaded Ukraine. The bloc’s sixth Sanctions Package, announced in early June, included a ban on seaborne crude oil...