Zombie Ships Are Fast Becoming a Feature of Venezuelan Oil Trade
On Good Friday, an aging supertanker fully laden with oil and calling itself Varada arrived in the waters to the east of Malaysia after a two-month voyage from
On Good Friday, an aging supertanker fully laden with oil and calling itself Varada arrived in the waters to the east of Malaysia after a two-month voyage from
Greek shipowners are returning to Russia's Urals oil market as the price slides below the Western price cap of $60 per barrel, allowing them to provide
By Aliaksandr Kudrytski Apr 25, 2025 (Bloomberg) –Kyiv detained a ship it says was part of Moscow’s “shadow fleet” which illegally exports
The European Commission has strengthened its maritime safety regulations by implementing new mandatory insurance reporting requirements for all vessels in EU
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on China-based Shandong Shengxing Chemical Co., Ltd.,
The Estonian navy detained and boarded a Russia-bound oil tanker on an EU sanctions list on Friday, accusing it of sailing illegally without a valid
The U.S. Department of the Treasury has unveiled sanctions against a sophisticated maritime network responsible for smuggling hundreds of millions of dollars
After more than nine months at sea sanctioned LNG carrier East Energy (formerly Asya Energy) has pulled into a Zhoushan-based shipyard, likely to undergo
Russia has apparently turned the lights back on at its sanctioned Arctic LNG 2 plant. Images taken by the European Sentinel 2 satellite reveal flaring at both
VLCC specialist Tankers International is projecting effective vessel supply growth of only 1% in the next three years due to the declining usable capacity of a
A cargo of Russian crude that was on a ship rejected by Indian port authorities is now being transferred to another tanker, ship-tracking data show, a sign of
Germany has confiscated a decrepit tanker found adrift off its northern coast in January that is believed to be part of a shadow fleet used by Russia to
The delivery of a two-million-barrel cargo of Russian oil to China took seven times longer than it would have done prior to a round of US sanctions imposed on
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced a new round of sanctions targeting Iran’s petroleum
By Donato Paolo Mancini, Samy Adghirni and Laura Dhillon Kane Mar 8, 2025 (Bloomberg) –The US has rejected a Canadian proposal to establish a task
The frequency of cable incidents in the Baltic Sea has been "exceptional" in recent years, but state actors have more effective ways of performing underwater
An aging oil tanker sanctioned by the US is being taken apart in an Indian scrapyard, a potential watershed moment for the so-called dark fleet in a rapidly
Iranian oil sellers risk facing significant hurdles moving their cargoes out of the country as competition for unsanctioned tankers from Russia and Venezuela
The U.S. Department of Treasury announced today a major expansion of sanctions targeting Iran’s maritime oil transportation network, marking an
As Western attention remains focused on Russia’s crude oil and liquefied natural gas shadow fleet, a third type of fuel, gas condensate, continues to flow
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