OFAC is the Office of Foreign Assets Control, the arm of the US Department of the Treasury tasked with maintaining the ...

The Chinese government appears to have been left in the dark about Shandong Port Group’s move to ban US-sanctioned tankers ...

The ban may raise shipping costs for Shandong's independent refiners buying discounted crude from sanctioned nations.

The Biden administration last month announced sanctions on 35 companies and vessels over their involvement in Iran's shadow fleet ...

China's foreign ministry said on Wednesday it was not aware of Shandong Port Group's decision to ban U.S.-sanctioned vessels from its network of east coast harbours. The group oversees several major ...

Shandong Port Group (SPG), the owner of key ports in China's Shandong Province, announced that it will block tankers from the ...

China's foreign ministry says that it’s not aware of Shandong Port Group's decision to ban U.S.-sanctioned vessels from its network of east coast harbours.

Sales of electric and hybrid vehicles jumped more than 40 percent in China last year, as demand for new energy models ...

China's foreign ministry said on Wednesday it was not aware of Shandong Port Group's decision to ban U.S.-sanctioned vessels ...

Brent crude was down around 1.2 per cent to $76.16/bbl, while US West Texas Intermediate crude fell around, or 1.05 per cent, ...

The Federal Cabinet has declared the infrastructure of the Federal Board of Revenue as critical under the Pakistan Electronic ...

Global top 10 marine fuels supplier, Monjasa, is pleased to announce the United Arab Emirates’ and the Middle East region’s ...