U.S. seizes sanctions busting tanker
U.S. authorities have yet to lay their hands on the alleged owner and operator of a tanker at the center of a sanctions busting scheme, but they have the ship. On Friday,
U.S. authorities have yet to lay their hands on the alleged owner and operator of a tanker at the center of a sanctions busting scheme, but they have the ship. On Friday,
While sanctions-busting countries continue to find new way to cloak their maritime activities, the shipping industry faces increasing sanctions compliance requirements from agencies such as the U.S. Treasury’s Office of Foreign Assets
The U.S. yesterday imposed sanctions on six entities—Reach Holding Group (Shanghai) Company Ltd.; Reach Shipping Lines; Delight Shipping Co., Ltd.; Gracious Shipping Co. Ltd.; Noble Shipping Co. Ltd.; and Supreme Shipping Co.
The U.S. Treasury’s Office of Foreign Asset Control OFAC yesterday designated two more shipping companies and two ships as breaking Venezuela sanctions. It also withdrew the designations earlier imposed on two other
Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated four companies for operating in the oil sector of the Venezuelan economy. Additionally, OFAC identified four vessels as
The Teekay Group has postponed an investor and analyst meeting set for tomorrow in order to ‘fully focus on avoiding undue disruption to Teekay LNG’s business from certain complex issues that have
The U.S.Department of the Treasury’s Office of Foreign Assets Control (OFAC) has taken action against a large shipping network that, it says, “is directed by and financially supports the Islamic Revolutionary Guard
Italian tanker operator PB Tankers said yesterday that it was “shocked and concerned” that it had been designated by the U.S. Treasury’s Office of Foreign Assets Control as subject to sanctions aimed
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) last Friday designated four shipping companies that operate in the oil sector of the Venezuelan economy as subject to U.S. sanctions.
The Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Friday designated two companies operating in the oil sector of the Venezuelan economy as subject to U.S. sanctions. Additionally, OFAC