By Jonathan Saul LONDON, June 15 (Reuters) - Three Greece-based shipping firms said they have halted trade with Venezuela after the United States imposed sanctions on vessels under their management, as Washington ramps up commercial heat on Caracas. The U.S. government is seeking to choke Venezuelan oil exports to starve the government of socialist President Nicolas Maduro … [Read more...]
U.S. Sanctions Guidance Raises Hurdles for Global Maritime Industry
By Jonathan Saul, Humeyra Pamuk and Timothy Gardner LONDON/WASHINGTON, May 27 (Reuters) - Ship owners and insurers say it may be impossible for the maritime industry to fully comply with the Trump administration’s new guidelines on how to avoid sanctions penalties related to Iran, North Korea and Syria, raising the risk of disruptions in a sector already struggling with the … [Read more...]
First of Five Iranian Tankers Docks in Venezuela
By Tibisay Romero and Deisy Buitrago VALENCIA, Venezuela/CARACAS May 25 (Reuters) - The first of five Iranian tankers carrying fuel to Venezuela has moored at a port serving the El Palito refinery, the oil minister said on Monday, and Refinitiv Eikon data showed a second vessel had entered its waters. Iran is providing Venezuela with 1.53 million barrels of gasoline and … [Read more...]
In Veiled Warning to Iran, U.S. Tells Gulf Mariners to Stay Clear of Its Warships
By Phil Stewart and Idrees Ali WASHINGTON, May 19 (Reuters) - In an alert that appeared aimed squarely at Iran, the U.S. Navy issued a warning on Tuesday to mariners in the Gulf to stay 100 meters (yards) away from U.S. warships or risk being "interpreted as a threat and subject to lawful defensive measures." The notice to mariners, which was first reported by Reuters, … [Read more...]
Iran Warns U.S. Over Venezuela-Bound Tankers
By Golnar Motevalli (Bloomberg) --Iran has sent an official warning to the U.S. against making threats to Iranian fuel tankers bound for Venezuela, the state-run Islamic Republic News Agency reported. On Sunday Iran’s Ministry of Foreign Affairs summoned the Swiss envoy Markus Leitner, who represents U.S. interests in the Islamic Republic, to warn that any measures taken … [Read more...]