EU Implements New Shipping Sanctions against DPRK

The European Union has implemented new sanctions against the Democratic People’s Republic of Korea (DPRK), affecting the shipping comunity by prohibiting chartering vessels or providing crew services to the country.

VesselsValue: Demand for Iran’s Crude Doubled

Following the lifting of sanctions against the Islamic Republic of Iran in early 2016, seaborne demand for Iranian crude has more than doubled, according to a report released by VesselsValue.