Four Crude Oil Tanker & Owners Sanctioned by OFAC
In another crackdown on oil tankers alleged to be transporting Iranian oil, OFAC has added four crude oil tanker and its owners in SDN list on 16th April 2025. In…
OFAC: Sanction Advisory for Mitigating Iranian Oil Sanctions Evasion
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is issuing this update to aSeptember 2019 advisory to assist the global shipping and maritime industry in identifying…
Stateless, Sanctioned Vessel Kiwala Detained by Estonia
Estonian Defence Forces has detailed vessel Kiwala (IMO 9332810), crude oil tanker, Voff Rohuneeme and vessel has anchored in Muuga Bay. The authorities claim it stateless & under sanctions and…
Apportionment of Liability in Case X-Press Mahanada v Burgan (Cockerill J)
The case concerned a collision between the Claimants’ container ship, X-PRESS MAHANADA (XPM), and the Defendants’ tanker, BURGAN, in the Karnaphuli River near Chattogram, Bangladesh. The collision occurred at the…
Owner, Operator and 28 Oil Tankers Sanctioned by OFAC
On 10th April 2025, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating United Arab Emirates (UAE)-based Indian national Jugwinder Singh Brar (Brar), who owns multiple…
NYK Concludes Contract for Construction & Charter of Dual-fuel Methanol VLCC
On April 4th, NYK concluded a contract for the construction and charter of a very large crude oil carrier (VLCC) (hereafter, the “Vessel”) equipped with a main engine that can…
Panama Established Zero-Tolerance Policy Against the Misuse of Its Flag
The Panama Maritime Authority (PMA) is implementing necessary measures to refine its merchant fleet. These actions reflect the nation’s commitment to safeguarding its reputation, backed by the strength and expertise…
Russian Flag Bulk Carrier “Zafar” & Master Sanctioned by US
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action against a network of Houthi financial facilitators and procurement operatives working in coordination with Sa’id al-Jamal, a…
Vanuatu Registry Flags RO Marine as Fraudulent Marine Insurer
Vanuatu International Registry has issued a Circular # 107, dated 31st March advising the industry about a fraudulent marine insurance company by name of RO Marine. As per the circular…
Panama Canal: A Commitment to Low-Carbon Shipping
The Panama Canal Authority is pleased to announce the launch of the NetZero Slot, a dedicated lowcarbon transit slot designed to support and reward our clients on their journey toward…