Iran sanctions
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Legal issues
Feds fine Amazon for selling to sanctioned countries
Amazon acknowledged in 2017 that it had reported apparent violations to U.S. Treasury.
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American Shipper
Will Venezuela sanctions spark another tanker spike?
More forgiving sanctions approach would avoid rate surge seen after COSCO sanctions.
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American Shipper
Q&A: Inside the high-stakes world of clandestine crude shipping
An exclusive interview with Samir Madani, co-founder of TankerTrackers.com.
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American Shipper
Shipping faces continued fallout from US unilateralism
More tariff and sanction risks lie ahead for ocean shipping.
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American Shipper
US Treasury formalizes channel for continued humanitarian aid to Iran
The Swiss government will serve as the go-between to manage financial transactions involving medical and other exports to Iran and ensure Iranian sanctions are not…
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American Shipper
New US sanctions aim to dent Iran’s metal producers
Treasury Secretary Steven Mnuchin said the Iranian metals industry generates billions of dollars for the regime, contributing to its nuclear weapons program.
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News
Why a downed airliner in Iran worries Canada’s soy farmers
One of few viable trade lanes between Canada and Iran could become collateral damage after Canadian Prime Minister Justin Trudeau says surface-to-air missile likely brought…
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American Shipper
Trump threatens more economic sanctions against Iran
“As long as I’m president of the United States, Iran will never have a nuclear weapon,” President Trump said in a televised address to the…
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Air Cargo
US sanctions snare more air, ocean transport operators linked to Iran
The Treasury Department’s Office of Foreign Assets Control warns U.S. companies to exercise due diligence against entanglements with sanctioned transportation services providers.
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American Shipper
Treasury promises ‘transparency’ for humanitarian aid to Iran
“This new humanitarian mechanism will help international companies that seek to engage in permissible humanitarian trade with Iran to ensure that they do not run…
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