The UK would support a full maritime services ban on Russian crude oil and refined products, even without US backing, ministers said in the House of Commons Feb. 25. In a business and trade subcommittee discussing the UK’s trade sanctions regime, Esther Blythe, the...

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A recent report by industry body Gasnam projects that the Iberian Peninsula could overtake the Netherlands as Europe’s leading bunkering hub for liquefied natural gas (LNG) and its low-emission variants like bio- and e-methane this year. “Iberia challenges the...

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ClassNK has released `FAQs on the EU-ETS for Shipping (3rd Edition)’ and `FAQs on the FuelEU Maritime (5th Edition) *1.’ These FAQs may be used by stakeholders in the maritime industry to support their understanding of environmental regulations and to consider...

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Atlantic SEE LNG Trade has inked four memorandums of understanding to supply US LNG to Southeast European buyers, a spokesperson for its majority shareholder, Greek infrastructure company AKTOR Group, told Platts, part of S&P Global Energy, Feb. 25. The MOUs are...

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This week, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned over 30 individuals, entities, and vessels enabling illicit Iranian petroleum sales and Iran’s ballistic missile and advanced conventional weapons (ACW) production, as...

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OFAC sanctioned 12 shadow fleet vessels involved in transporting Iranian petroleum and petrochemicals. Multiple shipping companies and vessel owners were designated under Executive Order 13902. The designations reinforce the link between Iranian oil exports and...

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