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2019-10-02 12:05:00

U.S. RUSSIA, CHINA SANCTIONS

U.S. RUSSIA, CHINA SANCTIONS

REUTERS - U.S. sanctions on two units of Chinese shipper COSCO hit the liquefied natural gas (LNG) tanker industry on Monday as U.S.-listed Teekay LNG (TGP.N) said its shipping joint venture in Russia had been "blocked" because of its ties to COSCO.

The United States imposed sanctions on COSCO Shipping Tanker (Dalian) Co and subsidiary COSCO Shipping Tanker (Dalian) Seaman & Ship Management Co for allegedly carrying Iranian crude oil.

Teekay LNG said on Monday that its 50-50 Yamal…

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Earlier:

U.S. RUSSIA, CHINA SANCTIONS
2019, September, 27, 13:35:00
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Treasury imposed sanctions on Moscow-based Maritime Assistance LLC, which it called a front company for Russian shipping company, Sovfracht, which has been subject to US sanctions since September 2016 for operating in Crimea. Russia annexed Crimea from Ukraine in March 2014, a move which is not recognized by most of the international community.
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Tags: USA, RUSSIA, SANCTIONS, CHINA
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