Page 20 - List Intelligence News Today

Ofac says SCG Plastics caused US financial institutions to unknowingly process $300m in Iranian HDPE sales by falsifying shipping documents, with the settlement underscoring the agencys intent to penalize companies that conceal sanctioned entities involvement leading to unknowing US transaction handling

Sanctions are a key tool for Western governments to damage Russia’s economy. The US has been actively targeting ships and, while this successfully forces changes in behaviour, many vessels are still able to do business freely, thereby revealing the limits of these restrictions

From Shanghai to Hong Kong and then to Tokyo, shipping companies’ stocks continued their upward trend from last Friday, following news of escalating conflicts in the Middle East

The general cargoship diverted to Rostock after a propeller malfunction and was held by German authorities investigating the cargo of wood it was carrying from Russia to Baltimore

Both Greenpeace and NATO are working against off-book oil tankers.

More than 30 countries condemn Iran’s seizure of containership on April 13 and deadly attacks on international shipping in the Red Sea by Iran-backed Houthis

MISC tanker operating subsidiary subsidiary AET orders first tankers capable of operating on ammonia at China’s Dalian Shipbuilding Industry.

Terminal scheduling planner Portchain has signed up ONE as its second top 10 carrier. Alignment between carriers and terminals can improve schedules and efficiency

Size and scale of problem seen escalating dramatically with numbers of cases already three times higher than four years ago

A bill that calls for the imposition of sanctions on ports, vessels, shipping companies and refineries that knowingly process or carry Iranian oil or productions passed the US House of Representatives on Saturday and will likely be signed into law this week