Hong Kong shipping companies hit with U.S. sanctions

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.

OFAC sanctions are a Treasury function

Venezuela sanctions: U.S. designates two more ships

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

OFAC sanctions on Iranian shadow fleet

Treasury designates four tanker companies for breaching Venezuela sanctions

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

Teekay’s Yamal LNG activities hit by OFAC’s COSCO sanctions

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

Treasury sanctions list includes Putin's yachts

U.S. Treasury moves against Iranian controlled shipping network

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

Tanker owner “shocked” to be on OFAC sanctions list

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

Treasury sanctions list includes Putin's yachts

OFAC adds four shipping companies to Venezuela sanctions list

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.

Treasury targets tanker as Venezuela sanctions tighten

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

Two shipyards designated in latest round of Russia sanctions

Two shipyards, a marine diesel manufacturer and an offshore oil and gas exploration company are among Russian entities designated Friday by the U.S. Department of the Treasury’s Office of Foreign Assets Control

U.S. reimposes sanctions on Iran’s maritime and energy sectors

MAY 8, 2018 —President Donald J. Trump today announced his decision to pull the United States from the Iran nuclear deal, more formally called the Joint Comprehensive Plan of Action (JCPOA), and

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