Germany is betting the U.S. administration will take a pragmatic approach to the Nord Stream 2 project to ship Russian gas to Europe and is pushing for the pipeline’s completion in defiance of U.S. opposition, officials and diplomats said.To try to block the $11 billion project, led by Russia’s Gazprom, successive U.S.
An Israeli-owned ship, the MV HELIOS RAY, was hit by an explosion in the Gulf of Oman overnight Thursday and a U.S. defense official said the blast left holes in both sides of the vessel's hull. The cause was not immediately clear.The vehicle-carrier ship is owned by a Tel-Aviv based company called Ray Shipping through a company registered in the Isle of Man, according to a U.N. shipping database.
The United States has sold more than a million barrels of Iranian fuel seized under its sanctions program last year, a Department of Justice official said, as another ship with intercepted Iranian crude oil sails to a U.S. port.The seizures are part of Washington's tough economic sanctions on Tehran imposed over its nuclear program and the U.S.
China said on Wednesday it was seeking details about 25 of its nationals who were among 61 crew on two supertankers seized by Indonesia on suspicion of illegally transferring oil.Indonesia said on Sunday it had seized the vessels after they were detected making the transfer from Iranian-flagged MT Horse to Panamanian-flagged MT Freya, causing an oil spill.
The United States on Tuesday sanctioned a network of oil trading firms, individuals and vessels that have helped Venezuelan state-run oil company PDVSA sell crude mainly to Asia despite Washington's sanctions on the South American nation.The measure targets a network that the U.S. Treasury Department says helped the administration of President Nicolas Maduro
The Russia-led Nord Stream 2 consortium said on Monday it has completed laying pipes for the project in German waters, finishing work on a 2.6 kilometer-long portion of the pipeline, which had been stalled by the threat of U.S. sanctions."We have completed this work," the consortium said in an emailed statement, referring to the pipe-laying in the German economic zone.
Russia has resumed construction of the politically-charged Nord Stream 2 gas pipeline to Germany, laying pipes after a one-year hiatus prompted by U.S. sanctions, the pipeline operator said on Friday.The pipeline, which Washington says compromises European energy security, has become a flashpoint in relations between Russia and the West that have sunk to post-Cold War lows.
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
The United States on Wednesday blacklisted 24 Chinese companies and targeted individuals it said were part of construction and military actions in the South China Sea, its first such sanctions move against Beijing over the disputed strategic waterway.The U.S. Commerce Department said the two dozen companies played a “role in helping the Chinese military construct and militarize the
Fincantieri Bay Shipbuilding has delivered a new, year-round passenger/vehicle ferry, Madonna, for service to the Washington Island community across the Death’s Door Passage between the Bay of Green Bay and Lake Michigan.At 124 feet in length, 40 feet in beam and 9 feet in draft, and with capacity for up to 28 vehicles and 150 passengers
The United States on Wednesday imposed sanctions on five Iranian ship captains who delivered oil to Venezuela, and Secretary of State Mike Pompeo reaffirmed Washington's backing for Venezuelan opposition leader Juan Guaido.Speaking at a news conference, Pompeo said the ships delivered about 1.
Three Greece-based shipping firms said they have halted trade with Venezuela after the United States imposed sanctions on vessels under their management, as Washington ramps up commercial heat on Caracas.The U.S. government is seeking to choke Venezuelan oil exports to starve the government of socialist President Nicolas Maduro of its main source of revenue.