Sanctions In The Time Of Covid-19: Ongoing Risks For The Shipping Community

In March 2020, the US State and Treasury Departments announced sanctions against various Chinese companies for trading in Iranian petrochemicals. Among the targets were ship management company Aoxing Ship Management Shanghai Ltd and shipowner Sea Charming Shipping Company Limited. News reports claim that both companies are owned by Chinese chemical tanker company Junzheng Shipping, which …

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