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US issues new sanctions targeting Chinese importers of Iranian oil

The United States on Wednesday issued new sanctions targeting Iran’s oil exports, including against a China-based “teapot refinery”, as President Donald Trump’s administration seeks to ramp up pressure on Tehran. The U.S. Treasury Department said in a statement the action would increase pressure on Chinese importers of Iranian oil as Trump seeks to restore his …

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Standardisation across maritime IT systems ‘essential’ for future of industry

Ensuring that standardisation and interoperability across maritime IT systems is firmly encased in regulations is crucial to becoming a safer and more unified industry, says SmartSea. The maritime industry has long been labelled as fragmented with multiple uncoordinated IT systems and no proper support or guidance from regulatory bodies to ensure a solid IT infrastructure …

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