Iran Oil Shipments Skirting Tanker Insurance Ban July 12, 2012 By Chen Aizhu and Osamu Tsukimori Iran is shipping oil to China, its top buyer, despite a row over freight terms, and Japan has taken steps...
US Lawmaker Asks Tuvalu to Stop Reflagging Iran Oil Tankers July 10, 2012 A prominent U.S. lawmaker has asked the small South Pacific island nation of Tuvalu to stop reflagging Iranian oil tankers...
US Grants Iran Sanctions Exceptions to China, Singapore June 29, 2012 By Arshad Mohammed and Timothy Gardner The United States gave China a six-month reprieve from Iran financial sanctions on Thursday, avoiding a diplomatic spat with a...
So. Korea to Halt Iran Oil Imports as EU Insurance Ban Bites June 26, 2012 By Meeyoung Cho South Korea became the first major Asian consumer of Iranian crude to announce a halt to imports after the government...
Oil Market Shrugs at Imminent Iran Tanker Insurance Ban June 18, 2012 In less than two weeks, Iran’s biggest oil buyers will lose access to the London-based insurance market that protects 95...
Iran’s Oil Exports Plummet as Sanctions Bite Says IEA June 13, 2012 By Dmitry Zhdannikov Iran’s oil exports have fallen by an estimated 40 percent since the start of the year as Western sanctions tear...
Iran Tanker Firm Says it Insured Ships Despite Sanctions June 13, 2012 By Jonathan Saul Iran’s biggest tanker operator, NITC, has $1 billion in ship insurance cover to keep its fleet on the water and...
U.S. Exempts India, Other Countries, Not China, from Iran Sanctions June 12, 2012 By Susan Cornwell and Timothy Gardner The United States extended exemptions from its tough, new sanctions on Iran’s oil trade to seven more economies on Monday,...
SaveOurSeafarers Organization Lauds EU Air Strike on Somali Pirate Bases May 17, 2012 SaveOurSeafarers, the organization that supports anti-piracy measures and aids the crews who are taken by pirates, has expressed its approval...
Refueling by EU Shippers May Violate Iran Sanctions May 11, 2012 By Randy Fabi and Jasmin Choo European ship owners could violate impending EU sanctions against Iran without even knowing it every time they set sail, leaving...