U.S. Sanctions Shadow Fleet Shipping Company for Russia Oil Price Cap Violations
The U.S. has imposed new sanctions on a UAE-based shipping company operating eighteen vessels for transporting Russian crude oil above the $60 per barrel price
gCaptain’s full coverage of the “shadow tanker” fleet being used to transport sanctioned Russian oil exports to global markets.
The U.S. has imposed new sanctions on a UAE-based shipping company operating eighteen vessels for transporting Russian crude oil above the $60 per barrel price
By Sherry Su and Julian Lee (Bloomberg) — There are growing signs that Russia’s oil flows might be facing disruption in the aftermath of a ramp up in
This year proved once again that the maritime industry is one of the most important and exciting industries on the planet. As 2023 comes to a close,
The U.S. Department of the Treasury has intensified its efforts to enforce the price cap on Russian oil by taking action against shipowners and vessels
By Bloomberg News (Bloomberg) — A shadow-fleet oil tanker that had previously falsified its location to avoid detection on digital ship-tracking
(Bloomberg) — UK sanctions against a Dubai-based company that controls Russia’s state-controlled oil tanker fleet are the latest sign that Western
By Jonathan Saul LONDON, Dec 6 (Reuters) – The United Nations’ shipping agency on Wednesday adopted a resolution targeting
LONDON, Oct 26 (Reuters) – U.S. penalties on shippers transporting Russian oil in breach of the G7’s price cap could push more
(Bloomberg) — A 26-year-old oil tanker that’s moving fuel for Russia drifted for two days in a busy shipping lane in the Indian Ocean, drawing the
By Alex Longley (Bloomberg) — Russia is still relying on European shipping to transport its oil even as the country’s supplies exceed Group-of-Seven
Global ocean hull premiums rose by 5.7% in 2022 due to increased activity, vessel values, and reduced market capacity, but change is on the horizon
by Captain John Konrad (gCaptain) Irene Ang at Tradewinds is reporting that Kurow Shipping, a mysterious tanker company with ties to the Shadow Fleet of
By Alex Longley and Serene Cheong (Bloomberg) –An armada of tankers ferrying sanctioned oil around the globe is starting to get younger, bucking a
SINGAPORE, June 5 (Reuters) – Ports in China’s Shandong province are demanding more detailed information about oil tankers that are more
By Jonathan Saul and Nidhi Verma, LONDON/NEW DELHI, May 25 (Reuters) – Lloyd’s Register has told India’s Gatik Ship Management,
(Bloomberg) — A giant oil tanker that was detained in China failed its safety inspection on more than 20 counts, spotlighting the dangers posed by a
By Julian Lee (Bloomberg) — Russian crude oil flows to international markets still show no sign of the output cuts the country insists it is making.
By Ewa Krukowska and Alberto Nardelli (Bloomberg) — The European Union proposed prohibiting access to its ports for vessels that attempt to circumvent
By Alex Longley and Julian Lee (Bloomberg) — An oil tanker company heavily involved in moving Russian oil lost industry standard insurance for its fleet
By Alaric Nightingale and Thomas Gualtieri (Bloomberg) — A United Nations agency that oversees shipping raised concerns about the shadow fleet that has
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