Bunkering activity at the UAE’s Fujairah’s and Khor Fakkan hubs has become increasingly subdued in recent months as the US tightened enforcement measures against firms allegedly breaching sanctions on Iran.
In December, the Office of Foreign Assets Control (Ofac) sanctioned two vessels operating in Khor Fakkan – Khadiga and Skylight – citing their transporting of Iranian product and links to Red Sea Ship Management. (CONTINUED - 507 WORDS)
