Greece, Hong Kong, Japan, Liberia, Malta, the Marshall Islands and Singapore, where more than 53% of the global fleet are registered, are among the best performing, the ICS said. Other major players, ...

Russia has increased oil exports by using new tankers and engaging in ship-to-ship transfers. However, despite these efforts, deliveries to clients remain problematic, with loaded vessels forced to ...

In the past, neither America nor its partners were that serious in either imposing or enforcing sanctions. This time could be different.

Entry of notorious Maia-1 into European territory waters would pose fresh challenge to western sanctions system ...

MOSCOW, February 18. /TASS/. Western sanctions helped Russia build out its domestic shipbuilding industry, Presidential Aide and Chairman of the Russian Maritime Board Nikolay Patrushev said in an ...

The world of global trade is often complicated, and sometimes countries take actions to avoid the rules set by others. This ...

The tanker suffered hull damage below the waterline.

The Maltese-flagged oil tanker "Seajewel" was reported to be transporting Russian oil to Europe, in spite of sanctions.

Privately-run terminals in China have taken deliveries from US-sanctioned oil tankers, suggesting that a region that is home ...

This leaves Russia with only two alternatives. One is North Korea, which has a feeble economy with a GDP of only $30 billion and has long been subject to economic sanctions. The other alternative is ...