Highlighting the increasing concern with the problem of Russia and Iran, the International Union of Marine Insurance (IUMI) is calling for insurers and reinsurers to have a clear policy on sanctions as it seeks certainty for clients in a volatile...

New sanctions against Russia from the US and EU go much further than the previous restrictions on technology exports, and could spell serious trouble for joint venture projects between Western oil majors and their Russian counterparts.

Maersk Line is reported to have a “significant amount” of fresh produce bound for Russia which now needs to be returned to Europe after the import of a wide variety of food product was banned.

Those tankers anchored off Galveston have been in the news again, this time in connection with imports of crude oil that may have originated in the Kurdish region of Iraq, sometimes known as Kurdistan. In an unfolding battle with both logistical...

Taiwanese container line Wan Hai has become the first international shipping company to resume services to Iran following the easing of EU sanctions.  

Following the easing of EU and US sanctions on Iran, five unnamed “major” shipping lines have announced their intention to resume services to Iranian ports.

The EU and US have suspended certain sanction measures against Iran. The sanctions will initially be lifted for six months, with the possibility of expanding the scope and length of suspensions depending on developments within Iran’s nuclear...

India is to reject Iran’s demand for a $1m guarantee for the release of detained tanker Desh Shanti, an unnamed “top bureaucrat” has said.

Greek shipowner Victor Restis has upped the ante in his squabble with American lobby United Against Nuclear Iran, (UANI) and its ceo Mark Wallace, by turning to an Athens magistrate court alleging libel and other offences.

TS Lines (TSL) has cut its services to Iran by removing Bandar Abbas from two of its routes, Alphaliner reports.