

Maritime firms have tightened checks on charter vessels to avoid using tankers that might have transported crude from sanctioned countries. “Our legal team said ‘absolutely not,'” he added, saying the ship has yet to find any willing party to transfer the oil. Shipping companies are worried that lightering the Iranian crude onto their vessels would lead other oil buyers to shun their ships on future voyages, one of those people said. The Suezmax requires a lightering agent to transfer the crude to smaller ships, as its size and weight restrict it from directly entering the port.

Suez Rajan, a Marshall Islands-flagged tanker, has been anchored off Galveston, about 50 miles (80 km) outside of Houston, since May 30, with ship agents refusing to accept it. has sat off the Texas coast for eight weeks, unable to unload because commercial agents fear any vessel that takes it will be shunned by customers, people familiar with the matter said. By Arathy Somasekhar and Jonathan Saul (Reuters) – A cargo of sanctioned Iranian crude oil that was confiscated by the U.S.
