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IRGC: Iran's Revolutionary Guards have intercepted a tanker managed by the UAE

Posted to Maritime Reporter on July 23, 2024

The IRGC, along with British security firm Ambrey, announced on Monday that the IRGC had intercepted a tanker flying the flag of Togo, but managed by UAE, carrying 1,500 tonnes of marine gas oil. Ambrey reported that the vessel was carrying…

S.African Transnet receives $1 billion loan from the African Development Bank

Posted to Maritime Reporter on July 23, 2024

Transnet, a troubled South African logistics company, has been approved for a $1 billion loan by the African Development Bank. The bank and Transnet announced this on Thursday. Transnet, the state-owned company in South Africa, has struggled…
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