Port News

Singaporean shipbroking firm added to Washington’s blacklist over ties to Iran

The Office of Foreign Assets Control (OFAC) of the US Treasury Department has blacklisted an Indian national and the Singaporean shipbroking firm he runs in the latest swathe of Iranian-linked sanctions announced yesterday. Captain Murtuza Basrai, who runs Strait Shipbrokers in the Southeast Asian republic, finds himself among a host of Iranians and Chinese sanctioned …

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