A tanker chartered by the National Iranian Oil Company (NIOC) is loading Venezuelan crude for export, documents from state-run PDVSA show, providing evidence of the two countries’ latest tactics to expand their trade in defiance of U.S. sanctions.Venezuela and Iran have deepened their cooperation this year as Venezuela has exchanged gold and other commodities for Iranian food, condensate and fuel.
The United States on Monday imposed fresh Iran-related sanctions targeting the Islamic Republic's oil sector, including the Iranian Ministry of Petroleum, in Washington's latest move to increase pressure on Tehran.The U.S. Treasury Department in a statement said it was slapping sanctions on key actors in Iran's oil sector for supporting the Quds Force
Iranian oil exports have risen sharply in September in defiance of U.S. sanctions, three assessments based on tanker tracking showed, throwing a lifeline to the Islamic Republic and its collapsing economy.Exports have shrunk from over 2.5 million barrels per day (bpd) since the United States withdrew from a nuclear deal with Iran and reimposed sanctions in 2018.
Tankers carrying Iranian fuel cargoes covered by a U.S. warrant for seizure are sailing to the United States after talks between U.S. authorities and ship owners, a U.S. government source and a shipping source said on Thursday.Iran had planned to transport the gasoline to Venezuela, a supply line that both Tehran and Caracas have flaunted in defiance of U.S. sanctions.
India's steel exports more than doubled between April and July to hit their highest level in at least six years, boosted by a surge of Chinese buying in defiance of tensions between Beijing and New Delhi.Traders said reduced prices had driven the purchases as Indian sellers sought to get rid of a surplus generated by the impact of COVID-19 on domestic demand and generate much-needed income.
An Indonesia-flagged car carrier operated by the NYK Group company PT. NYK-SPIL INDORORO, rescued eight fishermen in distress at the Strait of Malacca last week.The 100-meter roll-on, roll-off (RoRo) ship Kalimantan Leader was sailing from Belawan, Indonesia, to Jakarta, on September 23 when its crew spotted eight fishermen in the water after their vessel sank.
The first in a series of at least three OSD-IMT7402 shallow draft tugs has been delivered to PT Patria Maritime Lines based in Cikarang, Indonesia. It was built at PT Patria Maritim Perkasa (subsidiary of PT United Tractors Pandu Engineering) shipyard in Batam, and is now on its way to Banjarmasin, South Kalimantan.
The maritime industry is undergoing a massive shift as vessels transform into sophisticated sensor hubs, generating data and connecting through satellites in an expanding interconnected web. To enable the uptake of these systems and unlock the associated efficiencies, DNV GL is launching a new chapter to its rules for ship classification: Digital Features.
Shipbuilder PT. Graha Trisaka Industri, in Batam, Indonesia is building a pair of new TRAktor V-3200 tugs for China Petroleum Corporation (CPC), of Taiwan.The shipyard, with support from Robert Allan Ltd., was awarded the construction contract by CPC following an international bid process. A steel cutting ceremony was held for the newbuilds on April 15.
Combat systems were recently installed and tested aboard the second of the Indonesian Ministry of Defence’s SIGMA 10514 Perusak Kawal Rudal (PKR) guided missile frigates, the KRI Gusti Ngurah Rai (332).The PKR frigates are constructed via a modular process operating simultaneously at Damen Schelde Naval Shipbuilding (DSNS) in the Netherlands and the PT PAL shipyard in Indonesia.
Flexible metal hose manufacturer Penflex Corporation said Penflex Vietnam has received DNV GL certification for its products used in marine and offshore applications.Penflex single and double braided 700 Series sizes 2 ½” to 12” and P3 Series sizes ¼” to 2” comply with all DNV GL standards pertaining to metal hose.DNV GL rules for classification: Ships Pt. 4 Ch.