The Office of Foreign Assets Control (OFAC) has amended the Iranian Financial Sanctions Regulations to implement various statutory changes. The amendments come into effect immediately. 78 Fed. Reg. 16403
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DryShips Inc., a global provider of marine transportation services for drybulk and petroleum cargoes and through its majority owned subsidiary, Ocean Rig UDW Inc.
Shipments of iron ore on the Great Lakes totaled 5.5 million tons in November, an increase of 7% compared to a year ago. The November ore float was also 4.1% ahead of the month’s five-year average,
Scorpio Bulkers Inc. has entered into agreements to purchase five Kamsarmax dry bulk vessels currently under construction in a Chinese shipyard as listed below:
The government is to make big changes to the way it subsidises renewable energy, with subsidies for windfarms set to rise at the expense of onshore options, reports BBC News.
Maritime New Zealand (MNZ) welcomes the release of the independent review of its response to the grounding of the Rena, and the announcement of $2 million of government
Twenty more maritime companies came together to sign the Maritime Singapore Green Pledge to signify their commitment towards promoting clean and green shipping in Singapore.
Recent orders for Liebherr Mobile Harbor Cranes (LHM) from the Middle East include two LHMs and the first LiSIM LHM550 unit for the region, paving the way for state-of-the-art crane operator training.
Emirates classification society Tasneef has classed its first commercial vessel. The 96,214 dwt oil tanker Energena is jointly-classed with Italian classification society Rina.
The oil tanker “Energena’ managed by Gulf Stolt Ship Management and currently undergoing maintenance at Drydocks World, will become the first commercial vessel to sail under the UAE flag