sanctions
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American Shipper
Legislation supports US sanctions for threats to Hong Kong’s sovereignty
The Hong Kong Human Right Rights and Democracy Act, which unanimously passed the House of Representatives on Oct. 15, puts pressure on Hong Kong to…
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American Shipper
Supertanker rates stratospheric as market ‘goes bonkers’
VLCC rates are now at or near $100,000 per day, courtesy of U.S. sanctions targeting China's COSCO.
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American Shipper
Iran sanctions and ship bunkering
Treasury’s Office of Foreign Assets Control warns that companies providing bunker services must be careful not to violate the Iran sanctions, but there are exceptions.
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American Shipper
‘Tip of the spear’ against terrorism financing
The U.S. Treasury Department's Office of Terrorism and Financial Intelligence is at the center of the country’s efforts to counter national security and terrorism financing…
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Energy
U.S. sanctions Chinese buyer of Iranian crude as tanker risks rise
The already dicey relationship between the U.S. and China could get even dicier after a new sanctions decision.
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News
Today’s Pickup: North Korea skirts sanctions, short term fuel price future, a billion dollar app, and more
The goal of sanctions is to drive up the costs so that it’s no longer tenable to undertake illegal transfers. J.B. Hunt announces partnership with…
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Economics
Will Iran become the next Venezuela?
Iran’s truckers are on strike in 100 cities for the second time this year, causing fuel shortages. Meanwhile, the Iranian rial is rapidly losing its…
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News
Could turmoil in Iran set off the Eagle Ford shale play?
Sanctions and the Iranian rial’s collapse could remove supply from global oil markets, spiking prices and spurring more production in the United States.
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Economics
Oil, aluminum, nickel prices rally
Volatility returns to commodity markets, with oil, aluminum, and nickel posting huge price increases. How long will these price shocks last, and how will they…
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