rss icon Subscribe
desktop mobile

Iran Seizes Tanker for Alleged Fuel Smuggling

© gt29 / Adobe Stock

Iran's Revolutionary Guards have seized a Panama-registered vessel in the Gulf suspected of smuggling 300,000 liters of fuel and detained its crew of 10, the semi-official Fars news agency reported on Friday.

The agency did not give the nationality of the crew members or other details of the incident in its report.

Iran, which has some of the world's cheapest fuel prices due to heavy subsidies and the fall of its national currency as it faces U.S. sanctions, has been fighting rampant fuel smuggling by land to neighboring countries and by sea to Gulf Arab states.

Iranian media reports say an estimated 10 million liters of fuel are smuggled per day.


(Reporting by Dubai newsroom; Editing by Angus MacSwan)

Nov 20, 2020

 

Legal

Streamlining and Simplifying US Government Guaranteed Vessel Financing

© wi6995 / Adobe Stock

The Maritime Administration (MARAD) has taken several steps to streamline and simplify the Federal

Lebanon Wants Maritime Border Talks to Succeed. Difficulties Can Be Overcome, President Says

Flags of Lebanon and Israel (Credit:luzitanija
/AdobeStock)

Lebanon wants maritime border talks with Israel to succeed and difficulties that surfaced in the

Dive Boat Captain Charged in Fire that Killed 34

(Photo: VCFD via NTSB)

The captain of a dive boat that caught fire last year near Santa Cruz Island, resulting in 34

Tankers

BW LPG Sells Two Gas Carriers

© John Jacq / MarineTraffic.com

BW LPG has entered into memorandums of agreement (MOA) to sell two very large gas carriers (VLGC)

Houthis Approve UN Plan to Assess Decaying Oil Tanker off Yemen

Satellite image ©2020 Maxar Technologies

Houthi authorities in Yemen have given long-awaited approval for a United Nations plan to visit

Oil Tanker Hit by Explosion at Saudi Terminal

© Eulo Felber Sabran / MarineTraffic.com

An explosion damaged a Greek-managed tanker at a Saudi Arabian terminal on the Red Sea just north

Maritime Apps