February 25, 2022
Via: Offshore EnergyOn 24 February, the US took action to respond to Russia’s further invasion of Ukraine by imposing economic costs that are expected to have both immediate and long-term effects on the Russian economy, financial system and access to new technology. […]
December 9, 2020
Via: Offshore EnergyThe companies in question are China-based Weihai Huijiang Trade Ltd, UK-registered Always Smooth Ltd, UK-registered Good Siblings Ltd, Hong Kong-based Silver Bridge Shipping Co-HKG, Korea Daizin Trading Corporation which operates in North Korea and Vietnam and Vietnam-based Thinh Cuong Co […]
February 20, 2020
Via: World Maritime NewsThe sanctions are expected to make it more difficult for Venezuela to export oil, especially to China and India, exerting further pressure on the tanker market. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) said that […]