Iran’s oil exports have fallen by an estimated 40 percent since the start of the year as Western sanctions tear...
embargo News
Iran’s biggest tanker operator, NITC, has $1 billion in ship insurance cover to keep its fleet on the water and...
Iranian petrochemical exports have plunged nearly 90 percent in the last two weeks as most maritime firms, including those in...
European ship owners could violate impending EU sanctions against Iran without even knowing it every time they set sail, leaving...
The UK is seeking to persuade fellow European Union members to postpone by up to six months a ban on...
Marine insurance, or lack of it, may yet turn out to be the most effective sanction used by Western nations...
Japanese insurers are warning ship owners that they will only cover one tanker at a time carrying Iranian crude oil...
Ship owners covered by Japan P&I club must alert the maritime insurer in advance of any plans to transport Iranian...
Key ship insurer, China P&I Club, will halt indemnity coverage for tankers carrying Iranian oil as of July amid tightening...
The United States exempted Japan and 10 EU nations from financial sanctions because they have significantly cut purchases of Iranian...