The U.S. Treasury Department provided COSCO companies with time until December 20 to terminate their contracts.
Since September, COSCO Shipping Tanker has been on the US sanctions list for alleged violation of the ban on the transportation of Iranian oil.
The US Treasury said the temporary suspension of sanctions does not apply to the COSCO Shipping Tanker (Dalian) Seaman and Ship Management Co., Ltd, which is also banned.
Zim Integrated Shipping Services (ZIM) returned to profit in the second quarter of 2019, as revenues continued rising. Net profit for the period was at USD…
Rating agency Moody’s has upgraded the 20-year USD 450 million Senior Unsecured Bonds issued by the Panama Canal Authority (ACP) to A1 from A2, in…
Russia continues to actively use the infrastructure of occupied Crimea, in particular the Kerch Sea Fishing Port, for “gray” schemes for the export of Ukrainian…
