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,
sanctions
Shipowners and P&I clubs turn to predictive intelligence to ensure sanctions compliance
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
U.S. seeks seizure of Venezuela-bound Iranian gasoline from four Greek-managed tankers
The U.S. Department of Justice has filed a forfeiture warrant and complaint seeking the seizure of all Iranian petroleum products aboard four Greek-managed, Liberian-flagged tankers currently headed for Venezuela. The ships are
HawkEye 360 just made it harder for shipping’s bad actors to go dark
Herndon, Va., headquartered HawkEye 360 Inc. has boosted its vessel monitoring capabilities, making it harder for vessels engaged in dubious activities to go dark by turning off AIS transmissions. HawkEye 360 Inc.
U.S. slaps sanctions designations on five Iranian tanker captains
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today took action against the captains of the five ships that U.S.-sanctioned Islamic Republic of Iran Shipping Lines (IRISL) and
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
BP Shipping digitizes its sanctions compliance efforts
BP Shipping is using a solution developed by Tel Aviv headquartered Windward, a specialist in maritime trade analytics and insights, to digitize its business trade practices relating to sanctions compliance, The move
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
Panama may deflag ships that disable AIS
The Panama Maritime Authority has issued a Merchant Marine Notice warning that Panamanian flag ships that deliberately deactivate their Long Range Identification and Tracking Equipment (LRIT) or Automatic Identification System (AIS) will
Iran infuriated by seizure of tanker off Gibraltar
The seizure of a 300,00 dwt tanker by Gibraltar authorities early yesterday has provoked angry responses from Iran — and has also ruffled a few diplomatic feathers in Spain. Iran’s FARS news