Six carriers deployed to Yamal LNG no longer subject to US sanctions

Capt. John

Six ARC7 LNG carriers transporting gas from the Yamal LNG project, under a joint venture of Teekay LNG with China LNG, are no longer classified as a “Blocked Person” under US OFAC rules, according to an official statement by Bermudas-based Teekay Corporation.

The company was affected in the wake of US sanctions imposition to Chinese COSCO last month, as Teekay LNG holds a joint venture with China LNG, which owns four on-the-water ARC7 LNG carriers and two ARC7 LNG carrier newbuildings.

In its...

https://safety4sea.com/six-carriers-deployed-to-yamal-lng-no-longer-subject-to-us-sanctions/

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