Sanctioned Russian Roro Lady Mariia Reported Struck by Drones off Crete
The sanctioned Russian roro Lady Mariia was reportedly hit by drone-dropped munitions near Crete while heading east towards Syria. Neither side has confirmed the strike.
Putin Inspects the Arc7 LNG Carrier Pyotr Stolypin at the Zvezda Yard
The Russian president visited the Zvezda complex at Bolshoy Kamen on 2 September to inspect an icebreaking LNG carrier built for a project whose scale has been cut back by sanctions.
Iran Turns on Inbound Tankers and Lengthens Its Non-Compliant List to 57
Iranian forces have started striking and turning back tankers heading into the Persian Gulf, while the IRGC's list of non-compliant vessels has grown from 46 to 57 in a week.
US Strike on Larak Island Pre-empts a Rocket-Launched Sea Mine Barrage
CENTCOM fired on IRGC positions on Larak Island to destroy two Iranian rockets about to be launched, in what appears to have been an attempt to re-mine the Strait of Hormuz.
Norway Seizes the Professor Molchanov at Barentsburg on a Naftogaz Crimea Claim
A Russian research vessel turned expedition cruise ship has been seized in Svalbard on behalf of Naftogaz, which holds a $4.22bn award over assets lost in Crimea in 2014.
Russia Extends Its Diesel and Marine Fuel Export Ban to 30 September
Ukrainian strikes on Russian energy infrastructure have squeezed the domestic fuel market, which is the stated reason for holding the barrels at home.
Danish Yard Takes a Third Russian-Linked LNG Tanker Before the January Ban
The Boris Davydov has delivered at least 50 Yamal cargoes worth some $2.2bn since her last visit to the same yard in 2023.
TotalEnergies Completes Its Exit from Russia's Arctic LNG 2
TotalEnergies has transferred its 10 percent interest in Arctic LNG 2 to Novatek subsidiary NordLine, retaining a claim to about $1.3 billion in shareholder loans.
Washington Moves to Revive Prize Courts for Seized Merchant Vessels
The US administration is moving to revive the prize court, a tribunal for determining the legality of seizing enemy merchant vessels, untested since the Second World War.
Sanctioned Container Ship Reaches Iranian Port Despite US Blockade
An Iranian-affiliated container ship under US Treasury sanctions has reached an Iranian port despite the naval blockade, hours after Washington announced a new phase of economic pressure on Tehran.
Oman Signals Progress on Joint Hormuz Shipping Corridor With Iran
Oman's foreign minister says talks with Iran on jointly managing a Strait of Hormuz shipping corridor are advancing, with a single temporary lane expected to replace the current two-corridor system.
Iran Approves Transit Service Fees for Authorised Ships in Hormuz
Iran's parliamentary security commission has approved a schedule of service fees for vessels it authorises to transit the Strait of Hormuz, payable in rials or a currency of Tehran's choosing.
US Treasury Sets Cure Period Before Iran Banking Sanctions
Washington has signalled secondary sanctions on foreign banks working with five Iranian sectors including shipping, but is allowing a cure period for self-correction.
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.
Iraq Secures Iranian Approval for Oil Tanker Transit Through Hormuz
Iran has granted permission for Iraqi oil tankers to transit the Strait of Hormuz following repeated requests from Baghdad, though the arrangement remains complicated.
Russian Urals Crude Tops Brent in India for First Time Since May
Russian Urals crude for October delivery to India has been offered at a premium over Dated Brent for the first time since May, as drone attacks constrain loadings from Novorossiysk.
Washington Readies New Iran Sanctions and Presses China Over Hormuz
Scott Bessent has promised the toughest sanctions in history against Iran and called on China, which took over 80% of Iran's shipped oil in 2025, to help reopen the Strait of Hormuz.
US Night Convoys Move 10 Million Barrels a Day Through the Strait of Hormuz
US forces are escorting 15 to 20 tankers a night through the Strait of Hormuz on a southern route hugging Oman, moving around 10 million barrels of oil daily.
Saudi Arabia Was July's Top Buyer of Russian Seaborne Fuel Oil
Saudi Arabia took 1.1 million tonnes of Russian fuel oil and VGO in July, down 18% on June, as summer power demand kept the discounted barrels flowing east.
German Court Leaves Eventin Crude Cargo Sale Blocked as Case Drags
The Hamburg Finance Court has closed the expedited track and will wait for the main ruling, keeping customs barred from confiscating or selling the crude.
U.S. Sanctions Ten Ecuadorian Fishing Vessels Over Cocaine Runs
Fifteen Ecuadorian individuals and companies and ten fishing vessels have been designated for moving cocaine and supporting go-fast boats bound for Central America and Mexico.
Iran Turns Back Chinese Tanker While Still Holding UAE Product Carrier
The IRGC says it warned off a Chinese oil tanker rather than attacking it, while continuing to detain the UAE-linked product tanker Amara near Larak Island.
UAE Suspends All Trade With Iran After Antiship Missile Strike
The United Arab Emirates has suspended all trade and financial transactions with Iran after two ballistic missiles targeting maritime navigation fell in and near its territorial waters.
Putin Threatens Mirror Response To EU Seizure Of Shadow Fleet Cargoes
President Vladimir Putin has promised retaliation against any European move to seize merchant ships carrying Russian cargo, describing the measures as piracy and banditry and saying Moscow would respond in kind.
Iran's New Security Chief Hardens Line On Hormuz Arrangement
Iran's new national security chief has hardened the country's position on transit arrangements through the Strait of Hormuz.
Sanctioned Singapore Container Line SeaLead Ceases Trading
Singapore container carrier SeaLead has gone into voluntary liquidation following its designation by US authorities over alleged Iranian links.
Russian Black Sea Crude Loadings Fall 62 Percent Under Drone Campaign
Crude loadings from Russian Black Sea and Sea of Azov ports have fallen to 0.98 million barrels a day from 2.59 million under a sustained Ukrainian maritime drone campaign, BIMCO says.
EU still absorbing bulk of Russian Arctic LNG despite phase-out push
Trade-flow data shows Europe took the overwhelming share of Russian Arctic liquefied natural gas in the first six months of the year, even as the bloc works towards ending those imports.
US targets Mexican cartel fuel smuggling
The US Treasury has sanctioned individuals and entities tied to a cartel-linked fuel smuggling network that uses shadow-fleet vessels and falsified customs documents to move illicit fuel between the US and Mexico.
Tanker Master Jailed Ten Months For Refusing US Coast Guard Order
A tanker master has been sentenced to ten months in prison and deportation for failing to stop when ordered by the United States Coast Guard during the interdiction of an Iranian crude cargo.
Iran's Main Oil Terminal Falls Silent While Gulf Crude Still Moves Through Hormuz
Satellite imagery shows every berth empty at Iran's main crude export terminal with no loading since 31 July, while four to five million barrels a day still pass through the Strait of Hormuz.
Sanctioned Russian Ship Delivered Armoured Vehicles To Mali Through Togo
A sanctioned Russian cargo ship delivered a consignment of armoured vehicles to Mali through the port of Lome in Togo, having switched off its transponder after clearing the English Channel.
Investigation Links Dozens Of Sanctioned Tanker Operators To One Email Domain
An analytics firm has traced nearly two dozen nominally independent operators of sanctioned tankers back to a single private email domain also used by Russia's state shipping group.
Satellite Images Reveal Novatek Terminal And Tank Farm Rising In Kola Bay
Satellite imagery shows at least fifteen gas reservoir tanks and a sea terminal rising at Belokamenka in the Kola Bay, which Novatek has confirmed form part of its heavily sanctioned Murmansk LNG project.
Russian crude discounts to India collapse as Hormuz disruption bites
Discounts on Russian Urals crude delivered to India have fallen to between $1 and $2 a barrel against dated Brent this week, according to three trade sources.
EU exempts Russian LNG transhipment, easing pressure on Total and Yamal
Brussels has reversed its ban on transhipping Russian LNG to third countries, allowing TotalEnergies to keep selling Yamal gas into Asia.
EU adds more than 40 shadow fleet vessels to sanctions list
The European Union has added more than 40 shadow fleet vessels to its sanctions list, several of them regular visitors to Arctic waters.
Washington sanctions Iranian insurance scheme for Hormuz transits
Washington has sanctioned two Iranian companies selling mandatory insurance to ships transiting the Strait of Hormuz, along with eight tankers.
EU parliament pushes to end Ireland's alumina exports to Russia
The European Parliament has passed a non-binding motion urging the Commission to sanction alumina sales to Russia, targeting exports from Ireland's Aughinish plant.
Iran explores oil sales to Japan as buyers seek longer waiver
Iran has begun talks with Japanese companies under a US sanctions waiver allowing it to resume oil sales, though prospective buyers are seeking a longer waiver and reassurances about ship safety, sources told Reuters. T…
Report says Jones Act waiver handed US cargo to Chinese-linked ships
A study of the US Jones Act waiver’s first 60 days found no military justification, available US-flag ships, and heavy use of Chinese-built and Chinese-controlled tonnage.
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