Hennesea Holdings, a shipowner based in the United Arab Emirates, has been sanctioned by the Office of Foreign Assets Control (OFAC) of the US Department of Treasury for breaking the Russian crude oil shipments price cap. It was discovered that Hennesea, identified as the beneficial owner of eighteen vessels, including the 2006-built Aframax HS Atlantica, had been involved in transporting Russian crude oil at prices higher than the $60 per barrel cap through a US-based covered provider.
Hennesea...