The 10 mariners who were rescued following a multiple attack by Yemen’s Houthis on the bulk carrier Eternity C (IMO 9588249) have been taken to Saudi Arabia. Six of the 25 people on board – 22 crew and three security guards – are believed to have been taken hostage by the Houthis. The remaining nine…
Trump threatens new sanctions on importers of Russian oil
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US removes most sanctions related to Syria
American Club has informed its members that, while broad US sanctions on Syria had now been lifted, Club cover remained unavailable for any trade that violated applicable sanctions or involved blocked individuals or entities under the updated framework (e.g. those listed under EO 13894). Therefore due diligence by Members remained essential. “Importantly, OFAC may still…
Tariff threat continues to distort traffic into Los Angeles Port
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Stena Bulk near completing reflagging of five Suezmaxes to Sweden
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Crude oil shipments from Brazil to China are on the rise
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Trafigura says employee cooperating with Indonesian corruption investigation
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WSC urges US to scrap fees on car carriers
The World Shipping Council has urged the US Trade representative to withdraw its proposal to impose stiff fees on foreign vehicle carriers that call at US ports. The fees on car carriers were a surprise addition to the planned charges after the initial response to the USTR proposals early this year. Those proposals were the…
South Africa plans to ban strikes for some port workers
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EC to propose a “floating” Russian oil price cap
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