The U.S. Department of the Treasury has unveiled sanctions against a sophisticated maritime network responsible for smuggling hundreds of millions of dollars worth of Iranian petroleum, targeting UAE-based shipping magnate…
Iran Sanctions
U.S. Treasury Sanctions Chinese ‘Teapot’ Refinery and Shadow Fleet in Major Iranian Oil Crackdown
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has launched a sweeping enforcement action targeting a Chinese “teapot” refinery and multiple shipping companies involved in Iranian…
U.S. Treasury Targets Iran’s ‘Shadow Fleet’ in Latest Round of Oil Sanctions
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced a new round of sanctions targeting Iran’s petroleum sector, including the designation of Iran’s Minister of…
https://gcaptain.com/u-s-treasury-targets-irans-shadow-fleet-in-latest-round-of-oil-sanctions/
U.S. Treasury Cracks Down on Iran’s Shadow Fleet
The U.S. Department of Treasury announced today a major expansion of sanctions targeting Iran’s maritime oil transportation network, marking an aggressive move to disrupt the flow of Iranian petroleum products…
https://gcaptain.com/u-s-treasury-cracks-down-on-irans-shadow-fleet/
New Flag States Raise Sanctions Evasion Concerns
The International Chamber of Shipping (ICS) has raised significant concerns about emerging flag states potentially being used to circumvent international sanctions, according to its latest Flag State Performance Table. Four…
https://gcaptain.com/new-flag-states-raise-sanctions-evasion-concerns/
UANI Launches Initiative to Target Ship Captains in Iran’s Ghost Armada Oil Trade
United Against Nuclear Iran (UANI) has launched a new tracking initiative targeting ship captains and officers involved in Iran’s illicit oil trade. The “Masters of the Ghost Armada” resource aims…
U.S. Treasury Sanctions International Network Shipping Iranian Oil to China
The new sanctions target multiple entities across China, India, and the UAE, as well as four vessels: SIRI (formerly ANTHEA), OXIS, CH BILLION, and STAR FOREST.
https://gcaptain.com/u-s-treasury-sanctions-international-network-shipping-iranian-oil-to-china/
Trump Moves to Choke Off Iran’s Oil Exports with ‘Maximum Pressure’
U.S. President Donald Trump on Tuesday plans to restore his “maximum pressure” campaign on Iran in an effort to stop Tehran from obtaining a nuclear weapon and drive its oil exports down to zero, a U.S. official said.
https://gcaptain.com/trump-moves-to-choke-off-irans-oil-exports-with-maximum-pressure/
Shipping in the Crosshairs: What Trump’s Return Could Mean for Iran and Maritime Trade
As the incoming Trump administration sets the stage for its foreign policy agenda, the maritime industry is bracing for the potential ripple effects of renewed U.S.-Iran tensions. President-elect Donald Trump’s…
China Foreign Ministry Not Aware of Shandong Port Group Ban on Sanctioned Ships
China’s foreign ministry said on Wednesday it was not aware of Shandong Port Group’s decision to ban U.S.-sanctioned vessels from its network of east coast harbors.