Hanwha Ocean U.S. subsidiaries hit by Chinese sanctions
Five U.S. subsidiaries of Korea’s Hanwha Ocean, including Hanwha Philly Shipyard, have been sanctioned by China as part of its response to the U.S. port fees on Chinese owned and built ships
Search Results for: sanctions
OFAC sanctions more Houthi-linked ships and another captain
More ships, vessel operators, and a ship’s captain have been sanctioned in a new round of U.S.Treasury sanctions targeting the Houthis and their Iranian enablers. Treasury’s Office of Foreign Assets Control (OFAC)
OFAC sanctions a third tanker captain in new move against Houthi enablers
Earlier this month, the U.S. Treasury designated the captains of two Houthi-linked tankers, both Indian nationals, in its moves against the Houthis. Now, Vyacheslav Salyga, a 53-year old Ukrainian national, has become
U.S. sanctions captains of two Houthi-linked tankers
The captains of two Houthi-linked tankers, Vivek Ashok Pandey and Sandeep Singh Choudhary, both Indian nationals, are among 10 individuals, vessels, and entities sanctioned by the U.S. Department of the Treasury’s Office
Op-Ed: A look at Oil Price Cap and new sanctions
By Manuel Levitt, senior associate, of Miller & Chevalier The global maritime shipping sector continues to feel the geopolitical shock waves from the unrest and violent conflicts in Ukraine and the Middle
U.S. sanctions Houthi-linked vessel Lady Sofia
Continuing to try to stem the flow of Iranian funding to the Houthis, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action March 15 against a Mumbai-headquartered,
Vessel used in trades that funded Houthi arms hit by U.S. and U.K. sanctions
As Houthi attacks on merchant ships continue with a seemingly abundant supply of Iranian weaponry, sanctions announced today by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), in
Tanker grabbed by Iran has sanctions-busting background
This morning, the United Kingdom Maritime Trades Office reported that a vessel had been boarded, when 50 miles northeast of Sohar, Oman by 4-5 armed unauthorized boarders wearing black masks and black
OFAC sanctions three more Russian oil price cap busters
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today imposed sanctions on three entities and identified as blocked property three vessels that used Price Cap Coalition service providers
OFAC slaps sanctions on two Russian oil price cap busters
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is imposing sanctions on two entities and identifying as blocked property two vessels involved in carrying Russian crude oil above