OFAC Sanctions UAE-Based Shipping Company and Eighteen of its Vessels in Connection with Violations of the Russian Price Cap Policy

On January 18, 2024, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced the imposition of sanctions against a United Arab Emirates-based shipping company, Hennesea Holdings Limited (“Hennesea”) and eighteen vessels ultimately owned by Hennesea for violations of the...

https://www.hellenicshippingnews.com/ofac-sanctions-uae-based-shipping-company-and-eighteen-of-its-vessels-in-connection-with-violations-of-the-russian-price-cap-policy/