
Marine Insight
U.S Allows Ships Sanctioned Over Iran Trade To Be Scrapped
The U.S. has granted a permit allowing Dubai-based GMS, a ship and offshore vessel recycling buyer, to acquire vessels previously sanctioned over trade with Iran. This marks a significant shift in policy, facilitating the recycling of these ships within a regulated framework. The move underscores the evolving landscape of maritime trade and sanctions enforcement. For further insights into the complexities of maritime operations, explore our article "Ukraine Strikes Russia’s Largest Black Sea Oil Terminal, Sparking Fire And Damaging Tanker."





















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