Shipping Firms Shy Away From Iran Despite Deal To Ease Sanctions
Global shipping lines are increasingly shying away from handling cargoes to Iran as restrictions on banking and insurance continue unabated, despite an interim
Global shipping lines are increasingly shying away from handling cargoes to Iran as restrictions on banking and insurance continue unabated, despite an interim
By Golnar Motevalli and Anthony DiPaola May 8 (Bloomberg) — Iran will export crude oil at the maximum level possible, regardless of restrictions imposed
Abdalla el-Badri, Secretary General of the Organization of the Petroleum Exporting Countries (OPEC) announced this past Wednesday plans to absorb additional
A group of insurers warned shipowners this week to be careful when signing deals to carry Iranian oil because the United States has not been able to clarify
Iran's oil exports have picked up modestly in January for the third consecutive month, according to sources who track tanker movements, adding to signs that
For the tanker market, the breakthrough in Iranian talks in November will have a significant impact on the VLCC tanker market. For curtailing its nuclear
Crude traders are skeptical that the accord loosening some economic sanctions against Iran in return for limiting nuclear work will lead to a surge in oil
By Daniel Fineren DUBAI, Nov 24 (Reuters) – Iran’s nuclear deal with the West is not intended to let more of its oil into the market, the White
Nov. 4 (Bloomberg) — Iran will lead a club of the world’s biggest natural gas exporters as its own shipments abroad are hampered by U.S. and
There’s been a bit of talk recently about the security vulnerabilities when it comes to hacking the Automatic Identification System (AIS), a system
BRUSSELS, Oct 24 (Reuters) – European governments have taken preliminary steps to re-impose sanctions against Iran’s main cargo shipping line,
By Nidhi Verma NEW DELHI, Oct 8 (Reuters) – Oil and container trade between India and Iran has been disrupted due to uncertainty over insurance cover,
he European Union's efforts to impose economic sanctions on Iran suffered a new setback on Monday when a top court ruled that measures against the Islamic
Three of eight tankers bought by Dimitris Cambis that the U.S. Treasury said helped Iran evade sanctions were sold for demolition, according to data from IHS
Aug. 8 (Bloomberg) — NITC, Iran’s biggest tanker company, increased the capacity of its supertanker fleet by 23 percent this year amid sanctions
Two top Chinese shipping lines severed ties with Iran as tough new U.S. sanctions over the country's disputed nuclear programme came into effect on Monday,
By Fredrik Dahl VIENNA, June 30 (Reuters) – The top U.S. energy official said he believed the oil market could cope with any further reduction of
By Meeyoung Cho SEOUL, June 24 (Reuters) – South Korea has pledged to the United States that it will cut imports of Iranian crude by 15 percent in the
South Korean container shippers are joining a wave of their international peers in giving up on Iranian business ahead of new U.S. sanctions in July, adding to
Iran is storing 30 million barrels of crude at sea as sanctions hinder exports and projects that would allow it to build onshore facilities to hold oil,
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