October 14th, 20190One in five VLCCs in operation today face restrictions from US sanctions, according to data from Braemar ACM. Research carried out by the shipbroking house also shows that just over a sixth of the world’s suezmax fleet and 10% of the aframax/LR2 fleet face similar trading restrictions from Washington, something that has sparked the...
October 14th, 20190The , an Iranian suezmax attacked on Friday morning in the Red Sea off Jeddah, has left a trail of oil as it sailed more than 500 miles over the weekend towards Eritrea before turning around and is now likely headed back to Iran where it will require significant repairs. Iranian authorities are saying the ship was attacked by two...
October 11th, 20190A fully laden Iranian suezmax belonging to NITC has been hit by two explosions in the Red Sea, while en route to Syria, with vast quantities of crude gushing from its breached hull. The 1999-built is the third Iranian ship to run into trouble in the area in the last six months with two other tankers breaking down near Saudi...
September 27th, 20190Seventy days since it was detained, the has finally left Bandar Abbas port today, with AIS tracking suggesting the Stena Bulk tanker is headed to Port Rashid in the United Arab Emirates, a half-day’s steaming away. The Stena Bulk vessel was detained by Iran's Revolutionary Guards in the Strait of Hormuz on July 19 for alleged...
September 24th, 20194Detained by Iran since July 19 the is finally on the move although the shipowner, Stena Bulk, has not yet heard officially from local authorities, nor the ship’s master, whether or not the vessel is now free to depart Iranian waters. Satellite images from this morning show the ship has upped anchor from Bandar Abbas, however a...
September 9th, 20197Having taken five months to deliver its cargo of crude, the end game is finally in sight for the Iranian VLCC , with the tanker now in Syrian waters and its oil in the process of being offloaded having found a buyer. The ship has been carrying the same cargo since April on a circuitous route that has seen it pass the Cape of Good...
September 5th, 20190The past 24 hours have seen a slew of developments in the ongoing tanker tensions between Iran and the west. The United States sanctioned an “oil for terror” network of firms, ships and individuals yesterday with alleged links to Iran’s Islamic Revolutionary Guard Corps who have supplied Syria with oil worth hundreds of millions...
September 2nd, 20191After a weekend circling the eastern Mediterranean the Iranian VLCC, , has stopped 45 nautical miles west of Tripoli, Lebanon in international waters, likely waiting for another tanker to come alongside to offload some of its 2.1m barrels of crude so it can then transit the Suez Canal. The ship has been carrying the same cargo since...
August 29th, 20192The Iranian VLCC , formerly known as Grace 1, entered Turkish territorial waters this morning and appears to be on course for the port of Mersin. The ship has been at the centre of a diplomatic storm for the past eight weeks. It was detained on July 4 in Gibraltar, accused of heading towards sanctions-hit Syria with a cargo of Iranian...
August 28th, 20190The International Transport Workers’ Federation (ITF) has hit out at American threats to revoke visas for any seafarers who have worked onboard Iranian-linked ships. A message from the US State Department to the maritime industry, reported by Splash earlier this month, stated that it will invoke anti-terrorism legislation to deny...
