Sanctions
Iran Blacklists 45 Ships as OFAC Warns Against Hormuz Compliance
Iran's Persian Gulf Strait Authority has published a 45-ship non-compliance list, while Washington warns that even responding to its requests can trigger sanctions.
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Vessel sales
ADNOC L&S Pays Record $115 Million for 15-Year-Old VLCC
ADNOC L&S has bought the 15-year-old VLCC Olympic Leopard for $115 million and renamed her Al Yahr, a record price as European brokers value similar tankers at up to $100 million.
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