Treasury
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Maritime News
U.S. Targets Iran’s “Ghost Fleet” Sanctioning 17 Tankers and 10 Operators
The Biden administration announced today, October 11 that the United States is expanding sanctions on Iran’s petroleum and petrochemical…
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Marine World
US Treasury Sanctions Syrian Shipping Magnate Involved in Iranian Oil Smuggling
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on over a dozen entities…
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Marine World
U.S. Treasury Sanctions Key Figures in Houthi Financing Network
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated a dozen individuals and vessels as…
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Maritime News
U.S. Treasury Sanctions Two Captains for Smuggling Iranian Oil
In a rare move targeting mariners, the U.S. Department of the Treasury has added two captains to its list…
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Marine World
U.S. Treasury Issues New Sanctions Over Iran’s Unmanned Aerial Vehicles Sales
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on over a dozen entities, individuals, and ships…
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Maritime News
U.S. Treasury Sanctions Two More Iran-Linked Tankers
The U.S. Treasury has sanctioned two tankers that were used by a facilitator of the Iranian black-market oil trade, the…
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Maritime News
US Speeds Offshore Wind Farm Development with More Reviews and Tax Guidance
The Biden administration continues to place a high priority on offshore wind as a key part of the country’s…
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Marine World
Treasury Is Asked Why US Firm Insures Ships Carrying Iran Oil
By Zachary R. Mider and Zeke Faux (Bloomberg) –A Republican congressman is asking the Treasury Department to explain its handling of…
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Marine World
US Treasury Targets Houthi Money Networks Behind Maritime Threats in the Red Sea
On Thursday the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced action against financial networks aiding…
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Maritime News
US Tightens Noose Imposing More Sanctions for Russian Price Cap Violations
For the third time in seven weeks, the U.S. Department of Treasury’s Office of Foreign Asset Control (OFAC) has…
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