Shipowners’ organisation wants to make it automatic for charters to be cancelled if vessels go dark
New Bimco clause aims to crack down on AIS abusers and sanctions busters Read More »
But original owners need to demonstrate proper due diligence and ships used in sanctioned trades without prior knowledge
After being sold by ADS Crude Carriers, the Calliop changed ownership ‘several times’ before taking the identity of a scrapped ship
Tangled web of entities emerges behind transaction for tanker named as scrapped vessel Read More »
A former Fred Olsen Energy drillship ordered for $615m may fail to realise even a fraction of that sum thanks to EU sanctions on potential buyer Turkish Petroleum
Fear of sanctions tipped to scuttle drillship sale Read More »
Chinese buyer who arrested capesize to force a sale has scrapped it and put the proceeds into growing his fleet
King Shan invests arrest winnings in younger ship Read More »