Browsing Tag

Shippers

Greek shipper pleads guilty to smuggling Iranian crude oil and will pay $2.4 million fine

A Greek shipper has pleaded guilty to a charge over it smuggling sanctioned Iranian crude oil and agreed to pay a $2.4 million fine, US federal court papers seen Thursday by The Associated Press show. Empire Navigation agreed to be put…
Read More...

Arabic and international

Shippers warned to stay away from Iranian waters over seizure threat as US-Iran tensions high

Western-backed maritime forces in the Middle East on Saturday warned shippers traveling through the strategic Strait of Hormuz to stay as far away from Iranian territorial waters as possible to avoid being seized, a stark advisory amid…
Read More...