By GMM News | 2025-08-04 | International Shipping News | The U.S has imposed new sanctions on more than 115 Iranian individuals, companies and ships after the Trump administration bombed Tehran’s nuclear sites in June. The sanctions […]
By GMM News | 2025-03-22 | International Shipping News | Despite strict US sanctions, Russian oil and LNG continue to reach China through ship-to-ship transfers and non-sanctioned vessels. In recent weeks, a crude oil shipment transferred from […]
By GMM News | 2025-02-06 | International Shipping News | An investigation has revealed that US and European shipowners sold at least 230 old tankers to Russia’s “shadow fleet”, which helps Russia evade sanctions on oil exports. […]
By GMM News | 2025-01-15 | International Shipping News | Sweeping U.S. sanctions on I will make it more expensive for Moscow to sell its oil and complicate sea-borne crude exports due to restrictions on tankers, analysts and traders said […]
By GMM News | 2024-12-12 | International Shipping News | Frontline PLC posted a profit of $60.5 million in the third quarter of 2024 despite challenging market conditions. The tanker shipping giant reported revenues of $490.3 million. The […]
By GMM News | 2024-12-10 | International Shipping News | A tanker hauling Russian crude from the Baltic Sea to India is taking an unusually long route around the UK, just as Britain expands sanctions against Russia’s […]
By GMM News | 2024-11-05 | International Shipping News | The UK government has announced stringent measures targeting the so-called “shadow fleet” of oil tankers operating with questionable insurance. The move comes as part of broader efforts to enforce […]
By GMM News | 2024-10-30 | International Shipping News | A tanker loaded with around 400,000 barrels of oil departed Mexico’s Pajaritos port on October 28, 2024, en route to Cuba, where severe energy shortages have thrown […]
