{"id":71673,"date":"2023-06-21T00:00:00","date_gmt":"2023-06-21T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/06\/21\/sanctions-stigma-is-making-it-difficult-for-iranian-cargo-to-owners-to-find-willing-handlers\/"},"modified":"2023-06-21T00:00:00","modified_gmt":"2023-06-21T00:00:00","slug":"sanctions-stigma-is-making-it-difficult-for-iranian-cargo-to-owners-to-find-willing-handlers","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/06\/21\/sanctions-stigma-is-making-it-difficult-for-iranian-cargo-to-owners-to-find-willing-handlers\/","title":{"rendered":"\u201cSanctions stigma\u201d is making it difficult for Iranian cargo to owners to find willing handlers"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\"> <\/span><span style=\"font-weight:700\">Cargo owners are struggling to find shipowners willing to <\/span><span style=\"font-weight:700\">lighter<\/span><span style=\"font-weight:700\"> Iran crude oil amid \u201csanctions stigma\u201d on handling Iranian crude <\/span><span style=\"\">trapped off the US Gulf <\/span><span>Coast, <\/span><span>according to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.spglobal.com\/commodityinsights\/en\/market-insights\/latest-news\/shipping\/061623-sanctions-stigma-proves-troubling-for-shipowners-lightering-iranian-crude-off-usgc\" style=\"\">S&P Global<\/a><\/span><span>. US authorities seized the 158k dwt Suezmax tanker Suez Rajan in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.ft.com\/content\/807b8a7b-b831-4b09-a061-23a2cc7cab71\" style=\"\">April<\/a><\/span><span> amid a tanker war with Iran, but Houston Refining \u2014 which owns the cargo \u2014 is facing trouble finding shipowners willing to conduct ship-to-ship transfers of the Iranian-grade crude in the tanker's holds. Despite Houston Refining carrying the necessary waivers from the US Department of Justice and sanctions watchdog OFAC, handling sanctioned Iranian crude carries an industry stigma, a shipowner told S&P Global. Chartering companies looking to hire shipowners routinely require disclosures on the previous three to five shipments carried, and shipowners fear that reporting cargoes of sanctioned Iranian oil will lead to charterers shying away, S&P Global said.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cargo owners are struggling to find shipowners willing to lighter Iran crude oil amid \u201csanctions stigma\u201d on handling Iranian crude trapped off the US Gulf Coast, according to S&#038;P Global. US authorities seized the 158k dwt Suezmax tanker Suez Rajan in April amid a tanker war with Iran, but Houston Refining \u2014 which owns the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":71674,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[56],"tags":[17,119,55,33],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-71673","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-logistics-in-the-news","tag-enterprise-logistics","tag-iran","tag-logistics-in-the-news","tag-shipping","wpautop","entry"],"acf":{"mongo_id":"9a1abe25-6d81-4646-a5d7-8a28ba984267","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/6\/1049.jpg","photo_position":"above","homepage_title":"","full_issue_title":"\u201cSanctions stigma\u201d is making it difficult for Iranian cargo to owners to find willing handlers","related_issue":[71658],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/6\/.080dee9a-6a8d-467d-b050-bfcd47c142f7.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>\u201cSanctions stigma\u201d is making it difficult for Iranian cargo to owners to find willing handlers - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2023\/06\/21\/sanctions-stigma-is-making-it-difficult-for-iranian-cargo-to-owners-to-find-willing-handlers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"\u201cSanctions stigma\u201d is making it difficult for Iranian cargo to owners to find willing handlers\" \/>\n<meta property=\"og:description\" content=\"Cargo owners are struggling to find shipowners willing to lighter Iran crude oil amid \u201csanctions stigma\u201d on handling Iranian crude trapped off the US Gulf Coast, according to S&amp;P Global. 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