sanctions


Thursday, January 23, 2025
Russian Oil Freight Rates Soar on Sanctions-Driven Tanker Shortage
Energy

Russian Oil Freight Rates Soar on Sanctions-Driven Tanker Shortage

Freight rates for Russian ESPO Blend oil loading from the Far Eastern port of Kozmino have jumped fivefold amid a lack of vessels after fresh U.S. sanctions

January 23, 2025
Total Views: 571

Wednesday, January 22, 2025
A crude oil tanker lies at anchor near the terminal Kozmino in Nakhodka Bay. REUTERS/Tatiana Meel
Energy

Oil Tankers Reroute to Russian Pacific Port Hobbled by Sanctions

Tankers that used to haul oil from Russia’s western ports are being redeployed to the nation’s east to service a key crude route to China that’s been

January 22, 2025
Total Views: 1164

Monday, January 20, 2025
vlcc tanker
Shipping

Supertanker Rates on China Routes Double Since Sanctions

The cost to hire an oil supertanker on key routes to China has doubled since the US imposed sanctions on Russia, showing the extent to which the move has

January 20, 2025
Total Views: 1191

Friday, January 17, 2025
Photo of a large group of Houthi supporters in Yemen
Shipping

U.S. Treasury Sanctions Yemen Kuwait Bank for Financing Houthi Attacks on Red Sea Shipping

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on Yemen Kuwait Bank for Trade and Investment Y.S.C

January 17, 2025
Total Views: 1565

An aerial view shows the Vladimir Arsenyev tanker at the crude oil terminal Kozmino on the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022. REUTERS/Tatiana Meel/File Photo
Shipping

The Definitive Guide to Where the US Has Squeezed Russia’s Oil Flows the Hardest

The latest US sanctions on oil tankers hauling Russian petroleum look set to cause severe disruption across the nation’s export machine, with some of

January 17, 2025
Total Views: 2040

Thursday, January 16, 2025
FILE PHOTO: U.S. President-elect Donald Trump makes remarks at Mar-a-Lago in Palm Beach
Shipping

Trump Team Readies Oil Sanctions Plan for Russia Deal, Iran Squeeze

Advisers to President-elect Donald Trump are crafting a wide-ranging sanctions strategy to facilitate a Russia-Ukraine diplomatic accord in the coming months

January 16, 2025
Total Views: 3135

crude oil import terminal vlcc tanker china
Energy

Tanker Under US Sanctions Discharges Oil at Chinese Port, LSEG Data Shows

A tanker subject to the new U.S. sanctions is discharging Russian oil at a port operated by Shandong Port Group in east China, shipping data on LSEG Eikon

January 16, 2025
Total Views: 1375

Wednesday, January 15, 2025
Russian Crude Oil Piles Up Near Chinese Coast After US Sanctions
Energy

Russian Crude Oil Piles Up Near Chinese Coast After US Sanctions

The amount of oil stranded off the Chinese coast is growing as traders, refiners and shipping companies try to avoid being caught up in the

January 15, 2025
Total Views: 3499

Tanker Rates Extend Rally on Sanctions, Demand to Load Mideast Oil, Products
Shipping

Tanker Rates Extend Rally on Sanctions, Demand to Load Mideast Oil, Products

Oil shipping rates extended their rally on expectations of a tightening in global tanker supply from wider U.S. sanctions on Russia's fleet and traders'

January 15, 2025
Total Views: 549

Monday, January 13, 2025
Aerial photo of an oil tanker at anchor. Stock Photo: Nickeo23/Shutterstock
Shipping

US Sanctions on Russia Ripple Through Tanker Market

Oil tanker rates jumped on Monday as the Biden Administration’s sanctions on Russia’s petroleum trade threaten to cut the supply of ships while forcing

January 13, 2025
Total Views: 1541

Ocean 28
Shipping

US Slaps Sanctions on Chinese Yard Wison For Supplying Technology to Arctic LNG 2

Time has run out for Chinese technology provider Zhoushan Wison Offshore and Marine, a key partner in Novatek’s Yamal LNG and Arctic LNG 2 projects. The

January 13, 2025
Total Views: 3897

Saturday, January 11, 2025
Russian-flagged oil tanker Pegas docked in Greece.Picture taken January 16, 2022. REUTERS/Yoruk Isik
Energy

Russia Says It Will Continue Oil And Gas Projects Despite US Sanctions

MOSCOW, Jan 11 (Reuters) – Russia’s Foreign Ministry on Saturday denounced new U.S. sanctions against Moscow’s

January 11, 2025
Total Views: 1062

Friday, January 10, 2025
U.S. Blocks More Than 180 Vessels, Oil Traders and Companies In Sweeping New Sanctions Against Russia
Energy

U.S. Blocks More Than 180 Vessels, Oil Traders and Companies In Sweeping New Sanctions Against Russia

In an unprecedented move targeting Russia’s energy sector the U.S. Department of the Treasury announced sanctions against more than 180 vessels, dozens of

January 10, 2025
Total Views: 1821

Tuesday, January 7, 2025
china cosco headquarters
Shipping

China’s Biggest Shipping Line Added to US Military Blacklist

The US has blacklisted China’s largest shipping line and two shipbuilders over alleged links with the People’s Liberation Army, as Washington turns its

January 7, 2025
Total Views: 9911

Monday, January 6, 2025
ship to ship
Energy

US Plans More Sanctions on Tankers Carrying Russian oil, Sources Say

The Biden administration plans to impose more sanctions on Russia over its war on Ukraine, taking aim at its oil revenues with action against tankers carrying

January 6, 2025
Total Views: 533

Thursday, December 12, 2024
Energy

Russia’s Rosneft Delays Arctic Mega Oil Project Due to Sanctions, Shortage of Oil Tankers

Russian Oil major Rosneft has delayed the commissioning of the Vostok Oil project until 2026, in part due to a shortage of ice-capable oil tankers as a result

December 12, 2024
Total Views: 1071

Shipping

EU Backs Sanctions Package, Includes 45 Additional Russian Oil Tankers

The European Union gave preliminary backing to a 15th package of sanctions against Russia that includes an extension of an exemption for Slovakia to trade

December 12, 2024
Total Views: 699

Monday, December 9, 2024
Energy

Sanctioned Russia Oil Tanker Turns Back From Detour Around UK

A tanker hauling Russian crude from the Baltic Sea to India that was observed heading toward the Shetland Islands — a route that would have taken it on a

December 9, 2024
Total Views: 4463

Tuesday, December 3, 2024
Shipping

U.S. Imposes Sweeping Sanctions on Shadow Fleet Moving Iranian Oil

The United States has imposed sanctions on 35 entities and vessels involved in transporting Iranian oil to international markets, as part of a major crackdown

December 3, 2024
Total Views: 1204

Monday, December 2, 2024
Energy

Iran’s Oil Trade With China Rattled by US Sanctions on Tankers

A broadening of US sanctions on tankers that haul Iranian crude has jammed a crucial cog of the trade, slowing the delivery of oil from the OPEC producer to

December 2, 2024
Total Views: 1391