Shipowner faces 5-year jail term in US for Iran sanctions busting
Behrouz Mokhtari shipped Iranian petrochemicals for more than four years using a network of businesses
Shipowner faces 5-year jail term in US for Iran sanctions busting Read More »
Researchers urge greater penalties for Russia price cap breaches
Russia is set to lose $300m oil revenue a day because of reduced exports and lower prices, says Finnish research centre
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Indian-managed tanker switches P&I club during first Russian price cap voyage
Standard Club says ‘compliance with legal and regulatory obligations’ is a key part of running its business
Indian-managed tanker switches P&I club during first Russian price cap voyage Read More »
Release deal sought as judge sets oil ‘theft’ trial for VLCC crew
Shipping bodies have called on Nigeria to release of the 26-strong crew and the Ray Car Carriers-owned tanker
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DHT Holdings sees VLCC spot bookings hit $70,000 in 2023
Update by New York-listed owner follows torrid week for the sector with rates down sharply
DHT Holdings sees VLCC spot bookings hit $70,000 in 2023 Read More »