Iran’s President: No Oil Will Be Exported from the Gulf
Rouhani: If the U.S. wants to stop our oil sales, no oil will be exported from the Persian Gulf.
read more →China and US Call a Tariff Truce for 90 Days
Trump and Xi Jinping put a break on the escalating trade war and shelve further tariff increases.
read more →US Treasury Warns Against Petroleum Shipments to Syria
US warns maritime community of sanctions risks related to petroleum shipments to Syria.
read more →US: Iranian Tankers Are a Floating Liability
Hook: Iranian tankers are now a floating liability.
read more →Chabahar Port Development Exempted from US Sanctions
U.S. exempted the development of the Chabahar Port in Iran from sanctions on Iran.
read more →Sunken Sanchi Included in US Sanctions List against Iran
Sanchi, which sank in January 2018, included in the new U.S. list of sanctioned individuals and entities.
read more →U.S. Sanctions against Iran to Drive Tanker Rate Increases
Sanctions against Iran contribute to the increase in tanker rates.
read more →US Backs 2020 Sulphur Cap Experience-Building Phase
The Trump administration supports the establishment of an experience-building phase.
read more →UNCTAD: Trade Wars a Symptom of a Deeper Malaise
UNCTAD believes recent rounds of tariff hikes will disrupt a trading system drawn increasingly around value chains.
read more →Panama Canal Not Impacted Yet by US-China Trade Tensions
Quijano: So far, the canal has not experienced any effects from this commercial debate.
read more →Trump Adds Tariffs on USD 200 Bn of Chinese Imports
Trump will impose 10% tariffs on USD 200 billion worth of imports from China from September 24.
read more →U.S. Hammers Out Separate Trade Deal with Mexico
he United States has reached a separate trade agreement with Mexico.
read more →Turkish Recyclers Fearful and Confused after Lira Collapse
Turkish demolition market has been taken aback by the last week’s fall of Turkish lira against the U.S. dollar.
read more →Report: Unipec Halts Crude Oil Imports from U.S.
Unipec has reportedly suspended imports of crude oil from the U.S. amid brewing trade war between the U.S. and China.
read more →China to Hit Back with 25 Pct Tariffs on LNG Imports from US
China plans to fight back new U.S. tariffs with USD 60 billion worth countermeasures, impacting LNG imports from U.S.
read more →EU, US Agree to Hold Off Further Tariffs, Boost LNG Trade
Junker and Trump agreed to work toward zero tariffs and boost trade relations, mainly of soybeans and LNG.
read more →Trade War Becoming Ever More Difficult to Stop
BIMCO: The ongoing trade war between the major world powers becoming ever more difficult to stop.
read more →Shipping Dodges a Bullet as US and China Bury the Hatchet
The United States and China burry the hatchet and pledge to stop the trade war.
read more →Industry Majors Put Their Iranian Businesses under Review
The announced reinstating of nuclear-related sanctions against Iran is already starting to kick in.
read more →US Sanctions on Iran Bringing More Uncertainty for Tankers
New sanctions against Iran by the U.S. create an unnecessary extra uncertainty for the tanker market.
read more →US Reimposing Sanctions on Iran’s Shipping, Shipbuilding
The U.S. Government will reimpose sanctions on Iran’s port operators, and shipping and shipbuilding sectors.
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