Channel - 16 Maritime Risk and Security News

The trade in sanctioned oil is booming as the US turns a blind eye

Analysts say that the rise in the movement of oil in contravention of western sanctions is often happening with the full knowledge of the US government.

SMC to Unveil Blueprint for Saudi’s Maritime Megaprojects

Forecasts indicate a combined market value of $12.08 billion in 2023.

'Risk is high': ship arrives to pump oil from Yemen tanker

The delicate operation to transfer 1.14 million barrels of Marib Light crude to the Nautica, bought by the United Nations for the operation, is expected to begin in the coming days.

Hundreds of ‘ghost tankers’ in Gulf of Finland pose risk for maritime safety

Unidentified tankers are shipping oil through the Gulf of Finland after the G7 implemented a $60 price cap on Russian oil and the EU and UK imposed a ban on the seaborne import of Russian crude oil..