Five Iran-Connected Oil Tankers Lose Their Flags Following U.S. Sanctions November 15, 2022 By Marianna Parraga The international ship registries of Djibouti and the Cook Islands suspended the flags on five oil tankers, following sanctions by...
Western Insurers Slowly Re-Enter Deals with Iran – a Market Valued at $9B October 21, 2016 By Jonathan Saul and Carolyn Cohn Western insurers are slowly reaching deals with Iran as they seek to re-enter a multi-billion dollar market although the pace...
P&I Clubs Plug Shortfall in Iran Oil Cover; US Reinsurers Still Barred by Sanctions March 23, 2016 By Jonathan Saul and Osamu Tsukimori Ship insurers have stepped in to help plug a shortfall in cover for transporting Iranian oil resulting from the fact...
Iran Still Faces Curbs on Oil Exports from Ongoing Insurance Issues: Oil Official March 2, 2016 By Rania El Gamal Iran still faces constraints on oil exports as buyers are cautious about boosting trade immediately because of banking and ship...
Iran Oil Shipping Insurance Issues Will Take 2-3 Months to Resolve: Tanker Firm March 1, 2016 By Henrik Stolen Frontline, one of the world’s largest independent tanker firms, says securing insurance for cargoes carrying oil from Iran is likely...
New York-Based Insurer Says U.S. Has Lifted Sanctions for Iranian Oil Cargoes February 12, 2016 By Alex Longley A U.S.-based insurer to the global shipping industry said it got government authorization to cover non-American companies transporting oil from...
International Insurers Still Reluctant to Provide Cover for Iran Oil Cargoes February 3, 2016 By Jonathan Saul Oil companies looking to steal a jump on rivals in the race to benefit from Iran’s emergence from Western sanctions...
Gasoline Imports Easier to Insure than Crude Exports in Post-Sanctions Iran January 28, 2016 By Dmitry Zhdannikov Major oil firms and trade houses are gradually resuming energy trading with Iran but efforts remain very cautious and often...
Insurance Placement Difficulties Delay Iranian Crude Exports to Europe January 27, 2016 By Jonathan Saul Efforts by Iran to start exporting oil to Europe are being held up as foreign tanker owners are still struggling...
Global Insurers Explore Opportunities in Iran; Market Worth Premiums of $7.4B January 25, 2016 By Bernardo Vizcaino and Carolyn Cohn Global insurance firms are circling Iran for business opportunities following the lifting of sanctions – and the first test of...