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
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
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.
MARCH 3, 2016 —Tidewater Inc. (NYSE:TDW) has gotten the go ahead to enforce repayment of $37.2 million of the $65 million awarded it in compensation for the government seizure of its Venezuelan