The sanctions landscape that shipowners require to navigate as part of their day-to-day business has become highly complex and this year has seen a raft of sanctions from the European Union (EU), the US, and UK related to Russia and the war in...

The world’s largest ship manager V.Group says it is in compliance with all current sanctions as pressure mounts on businesses to cease operations in Russia over the conflict in Ukraine.

The US has imposed sanctions on eight Chinese and Hong Kong entities and individuals for their alleged activities in supporting the Islamic Republic of Iran Shipping Lines (IRISL).

Sanctions on trade have become a critical component in the toolkit of US foreign policy professionals, with the shipping business, at all levels, increasingly caught in the crosshairs.

Reports have been emerging that the US has seized four product tankers said to be bringing Iranian gasoline to Venezuela.

Brazilian state oil and gas firm Petrobras says that it will not hire tankers that have operated in Venezuela during 2019, the period in which the US imposed sanctions on Caracas, reported Reuters.

Panama announced that it will “impose sanctions to all those Panamanian flagged vessels that deliberately deactivate, tamper or alter the operation of Long-Range Identification and Tracking System (LRIT) or the Automatic Identification System (AIS...

Despite a US official’s warning that Washington was considering a response to the shipment, an Iranian tanker loaded with fuel and oil products arrived Saturday in Venezuela.

The impact of the EU, OECD, and US agency OFAC, on the maritime industry and the need for transparency were in focus at the regulation session of Norwegian and Hellenic Chambers of Commerce conference in New York.

Sanctions are not something generally seen as good for shipping, as they usually impede free trade, but the latest US sanctions against Cosco for carrying Iranian oil have caused the VLCC market to skyrocket.