Subscribe to our Mailing Lists (It's free!)
Thursday, June 26, 2025
SAFETY4SEA
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    India

    Indian stakeholders warn ship retirement rule may cut 20,000 jobs

    Britannia: Follow safety protocols carefully

    Britannia: Follow safety protocols carefully

    Netherlands

    Fire breaks out aboard inland cargo vessel in the Netherlands

    seafarers

    Regulatory focus: New STCW requirements effective from 2026

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    Book Review: Building leaders the MMMA way

    Book Review: Feel grounded and think positive in 10 simple steps

    time

    Stay SEAFiT: Time is non-renewable – invest it wisely

    public speaking

    8 Key rules of Public Speaking

    social media

    Mindfulness and social media: M.I.N.D. your media

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    hydrogen norway

    New green hydrogen facility in Norway aims to launch in 2028

    green shipping recycling

    BIMCO: 16,000 ships could be recycled over the next 10 years

    towngas

    Towngas signs green methanol agreements

    shanghai port

    Shanghai completes world’s fist STS transfer of liquid carbon

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    iaph cyber security

    IAPH releases cyber security guidelines for new port technologies

    germany latvia

    Latvia and Germany collaborate on smart port initiative

    imo autonomous shipping

    IMO in talks over autonomous shipping ahead of MSC 110

    germany latvia

    Smart vessel embarks on its first journey in China

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
    oil theft nigeria

    Nigeria arrests 76 ships during two-year oil theft crackdown

    paris mou

    M/V Goldy Seven refused access to the Paris MoU

    detention

    Kerala High Court detains vessel in connection to previous incident

    ai remote inspections

    BV develops AI took to advance remote inspections

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
    US Iran

    US contemplates easing sanctions against Iran to aid recovery

    USA

    Veson Nautical: US boasts 4th largest fleet valued at USD 116.5 bn

    ETF ocean pact

    ETF: Ensure ocean workers are not just consulted but involved

    container ship

    BIMCO Container Outlook: Stable demand despite uncertainties

  • Columns
    fuels

    VPS: Effect of FAME contamination on engine oils

    strait of Hormuz

    Could the Strait of Hormuz close amid an Iran–Israel war?

    LR: Good data is a crucial foundation for improving safety

    ABS Consulting: Make cyber risk part of the daily safety conversation

    Trending Tags

    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • Events
  • Plus
No Result
View All Result
  • Home
  • Safety
    • All
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
    India

    Indian stakeholders warn ship retirement rule may cut 20,000 jobs

    Britannia: Follow safety protocols carefully

    Britannia: Follow safety protocols carefully

    Netherlands

    Fire breaks out aboard inland cargo vessel in the Netherlands

    seafarers

    Regulatory focus: New STCW requirements effective from 2026

  • SEAFiT
    • All
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
    Book Review: Building leaders the MMMA way

    Book Review: Feel grounded and think positive in 10 simple steps

    time

    Stay SEAFiT: Time is non-renewable – invest it wisely

    public speaking

    8 Key rules of Public Speaking

    social media

    Mindfulness and social media: M.I.N.D. your media

  • Green
    • All
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
    hydrogen norway

    New green hydrogen facility in Norway aims to launch in 2028

    green shipping recycling

    BIMCO: 16,000 ships could be recycled over the next 10 years

    towngas

    Towngas signs green methanol agreements

    shanghai port

    Shanghai completes world’s fist STS transfer of liquid carbon

  • Smart
    • All
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
    iaph cyber security

    IAPH releases cyber security guidelines for new port technologies

    germany latvia

    Latvia and Germany collaborate on smart port initiative

    imo autonomous shipping

    IMO in talks over autonomous shipping ahead of MSC 110

    germany latvia

    Smart vessel embarks on its first journey in China

  • Risk
    • All
    • CIC
    • Detentions
    • Fines
    • PSC Focus
    • Vetting
    oil theft nigeria

    Nigeria arrests 76 ships during two-year oil theft crackdown

    paris mou

    M/V Goldy Seven refused access to the Paris MoU

    detention

    Kerala High Court detains vessel in connection to previous incident

    ai remote inspections

    BV develops AI took to advance remote inspections

  • Others
    • All
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
    US Iran

    US contemplates easing sanctions against Iran to aid recovery

    USA

    Veson Nautical: US boasts 4th largest fleet valued at USD 116.5 bn

    ETF ocean pact

    ETF: Ensure ocean workers are not just consulted but involved

    container ship

    BIMCO Container Outlook: Stable demand despite uncertainties

  • Columns
    fuels

    VPS: Effect of FAME contamination on engine oils

    strait of Hormuz

    Could the Strait of Hormuz close amid an Iran–Israel war?

    LR: Good data is a crucial foundation for improving safety

    ABS Consulting: Make cyber risk part of the daily safety conversation

    Trending Tags

    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • Events
  • Plus
No Result
View All Result
SAFETY4SEA

US re-imposes secondary sanctions against Iran

by The Editorial Team
August 8, 2018
in Shipping
us sanctions iranian oil
FacebookTwitterEmailLinkedin

Following the US decision announced in May to withdraw from the JCPOA with Iran and re-impose secondary sanctions, President Trump issued an Executive Order on 6 August 2018, which essentially re-imposes the secondary sanctions against Iran. These sanctions were contained in the Executive Orders revoked when the JCPOA was implemented in January 2016.

JCPOA (Joint Comprehensive Plan of Action) is an international agreement on the nuclear program of Iran reached in 2015, between Iran, the EU, and the P5+1 (the five permanent members of the UN Security Council  – China, France, Russia, United Kingdom, United States – plus Germany).

From early 2016, the JCPOA actually eased sanctions against Iran which then saw increased oil exports and new foreign investment. However, the US President’s announcement on 8 May 2018 to withdraw the US from participation in the JCPOA and to re-impose US nuclear-related sanctions triggered global discussions about implications on international shipping trade.

As of 6 August, sanctions have been imposed against the following:

RelatedNews

US contemplates easing sanctions against Iran to aid recovery

Russia’s first ice-class LNG tanker set to operate this year

  • The purchase or acquisition of US dollar banknotes by the Government of Iran;
  • Iran’s trade in gold or precious metals;
  • The direct or indirect sale, supply, or transfer to or from Iran of graphite, raw, or semi-finished metals such as aluminium and steel, coal, and software for integrating industrial processes;
  • Significant transactions related to the purchase or sale of Iranian rials, or the maintenance of significant funds or accounts outside the territory of Iran denominated in the Iranian rial;
  • The purchase, subscription to, or facilitation of the issuance of Iranian sovereign debt, and
  • Transactions with Iran’s automotive sector.

However, the carriage to or from Iran of graphite, raw, or semi-finished metals such as aluminium and steel, coal, and software for integrating industrial processes is permissible if:

  • the cargo is not subject of a medium for barter, swap, or any other exchange or transaction.
  • it is not listed as an asset of the Government for purposes of the national balance sheet.
  • the cargo is not to be used in connection with the energy, shipping, or shipbuilding sectors of Iran or any sector of the Iranian economy determined to be controlled directly or indirectly by Iran’s Revolutionary Guard Corps; or if the material is resold, retransferred, or otherwise supplied to an end-user in one of these sectors.
  • the cargo is not sold, supplied or transferred to or from a person/entity on the SDN list, or resold, retransferred, or otherwise supplied to such a person.
  • the cargo is not determined to be used in connection with the nuclear, military or ballistic missile programs of Iran, or resold, retransferred or otherwise supplied for one of these programs.

The previously announced wind-down period running until November 4 for certain categories of otherwise sanctionable activities remains in effect. This includes all petroleum-related transactions and activities involving Iran’s oil and energy sectors.

Members are reminded that all such activity must however be carried out pursuant to a contract dated prior to 8 May 2016 and they should not enter into “new business”, i.e. pursuant to a contract after that date. To do so may expose them to US secondary sanctions,

the West of England P&I Club has advised.

US re-imposes secondary sanctions against IranUS re-imposes secondary sanctions against Iran
US re-imposes secondary sanctions against IranUS re-imposes secondary sanctions against Iran
Tags: Iranmaritime tradenuclear powerSanctionsWest of England Club
Previous Post

MOL announces Japan’s first green bonds

Next Post

‘Increased uncertainties’ force Maersk to reduce profit forecast

Related News

EIA Strait of Hormuz LNG
Fuels

EIA: Strait of Hormuz accounts for 20% of global LNG transits in 2024

June 26, 2025
sanctions
Shipping

IGP&I: Overview of the latest U.S. sanctions against Iran

June 24, 2025
NMA
Security

NMA increases security level in Persian Gulf and surrounding area

June 24, 2025
Hormuz Strait
Alerts

Emailed threats asking for Hormuz Strait transit fees are likely a hoax

June 24, 2025
strait of Hormuz
Opinions

Could the Strait of Hormuz close amid an Iran–Israel war?

June 23, 2025
US Iran Houthis
Security

Houthis threaten retaliation over US strikes on Iran as US sanctions tighten

June 23, 2025

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Explore more

No Result
View All Result
MARITIME EVENTS

Explore

  • Safety
  • SEAFiT
  • Green
  • Smart
  • Risk
  • Others
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

Useful Links

  • About
  • Disclaimer
  • Editorial Policies
  • Advertising
  • Content Marketing
  • Contact

© 2025 SAFETY4SEA

No Result
View All Result
  • Safety
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • SEAFiT
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Opinions
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Tip of the day
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

© 2025 SAFETY4SEA

Manage your privacy
We use technologies like cookies to store and/or access device information. We do this to improve browsing experience and to show (non-) personalized ads. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
Manage options
{title} {title} {title}
No Result
View All Result
  • Safety
    • Accidents
    • Alerts
    • Loss Prevention
    • Maritime Health
    • Regulation
    • Safety
    • Seafarers
    • Security
  • SEAFiT
    • Intellectual
    • Mental
    • Physical
    • Social
    • Spiritual
  • Green
    • Arctic
    • Ballast
    • Emissions
    • Fuels
    • Green Shipping
    • Pollution
    • Ship Recycling
    • Technology
  • Smart
    • Connectivity
    • Cyber Security
    • E-navigation
    • Energy Efficiency
    • Maritime Software
    • Smart
  • Risk
    • CIC
    • Detentions
    • Fines
    • PSC Case Studies
    • PSC Focus
    • Vetting
  • Others
    • Diversity in shipping
    • Maritime Knowledge
    • Offshore
    • Ports
    • Shipping
    • Sustainability
    • Videos
  • Columns
    • Anchor Your Health
    • Book Review
    • Career Paths
    • Human Performance
    • Industry Voices
    • Interviews
    • Maripedia
    • Maritime History
    • Opinions
    • Regulatory Update
    • Resilience
    • Seafarers Stories
    • SeaSense
    • Tip of the day
    • Training & Development
    • Wellness Corner
    • Wellness Tips
  • SAFETY4SEA Events
  • SAFETY4SEA Plus Subscription

© 2025 SAFETY4SEA