ghost ships News

Tehran - When sanctions are re-imposed on Iran on Monday to try and curb its nuclear, missile and regional activities, the White House says it will "allow eight jurisdictions" to temporarily keep buying Iranian oil.

If the Trump administration plans on driving Iran's oil exports down to zero, as Secretary of State Mike Pompeo says, they are going to have to do some hustling. It seems Iran has resorted to using "ghost ships" to meet importers demands for their oil.

Norway fertilizer company, Yara, announced last week it has signed a deal with Norwegian shipbuilder VARD worth almost NOK 250 million (US$30 million) to build an autonomous and electric container vessel.