OFAC

Dark fleet suspect arrested in Miami

Taskin Torlak, a 37-year old Turkish national, was arrested in Miami, Nov. 2, and is currently being held in the Miami Federal Detention Center. He has been charged with conspiring to violate U.S. sanctions in a dark fleet scheme to transport oil from Venezuela for the benefit of Petróleos de Venezuela, S.A. (PdVSA), Venezuela’s state-owned oil and natural gas company.

Torlak was arrested as he attempted to depart the United States to return to Turkey. He is charged by complaint with one count...

https://www.marinelog.com/news/dark-fleet-suspect-arrested-in-miami/

OFAC targets more companies, ships and captains with links to al-Jamal network

The Department of the Treasury’s Office of Foreign Assets Control (OFAC) yesreday sanctioned eighteen companies, individuals, and vessels for their ties to Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF)-backed Houthi financial official Sa’id al-Jamal and his network. Included in this action are the captains of vessels transporting illicit oil as well as the companies that managed and operated these ships.

The revenue from al-Jamal’s network continues to enable Houthi attacks in the...

https://www.marinelog.com/legal/safety-and-security/ofac-targets-more-companies-ships-and-captains-with-links-to-al-jamal-network/

OFAC sanctions more Houthi-linked ships and another captain

More ships, vessel operators, and a ship’s captain have been sanctioned in a new round of U.S.Treasury sanctions targeting the Houthis and their Iranian enablers. Treasury’s Office of Foreign Assets Control (OFAC) says all were involved in the shipment of Iranian commodities, including oil and liquefied petroleum gas (LPG), to Yemen and the United Arab Emirates (UAE) on behalf of the network of Iran-based, Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF)-backed Houthi financial official...

https://www.marinelog.com/legal/safety-and-security/ofac-sanctions-more-houthi-linked-ships-and-another-captain/

OFAC sanctions a third tanker captain in new move against Houthi enablers

Earlier this month, the U.S. Treasury designated the captains of two Houthi-linked tankers, both Indian nationals, in its moves against the Houthis. Now, Vyacheslav Salyga, a 53-year old Ukrainian national, has become the third tanker captain to be designated by OFAC sanctions targeting Houthi weapons procurement and funding networks.

Yesterday, OFAC (Treasury’s Office of Foreign Assets Control) designated two individuals and five entities that have facilitated weapons procurement for...

https://www.marinelog.com/legal/safety-and-security/ofac-sanctions-a-third-tanker-captain-in-new-move-against-houthi-enablers/

U.S. sanctions captains of two Houthi-linked tankers

The captains of two Houthi-linked tankers, Vivek Ashok Pandey and Sandeep Singh Choudhary, both Indian nationals are among ten individuals, vessels and entities sanctioned by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) in its latest moves against the network of Houthi financial facilitator Sa’id al-Jamal. All are said to have engaged in the illicit transport of oil and other commodities.

The action targets maritime shipping and financial facilitators, the two...

https://www.marinelog.com/legal/safety-and-security/u-s-sanctions-captains-of-two-houthi-linked-tankers/

U.S. sanctions Houthi-linked vessel Lady Sofia

Continuing to try to stem the flow of Iranian funding to the Houthis, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action March 15 against a Mumbai-headquartered, Marshall Islands-registered, shipping company Vishnu Inc., saying that its vessel, the Lady Sofia, has been involved in illicit shipments to the People’s Republic of China (PRC) in support of Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and Houthi financial facilitator Sa’id...

https://www.marinelog.com/legal/safety-and-security/u-s-sanctions-houthi-linked-vessel-lady-sofia/

Vessel used in trades that funded Houthi arms hit by U.S. and U.K. sanctions

Houthi arms

As Houthi attacks on merchant ships continue with a seemingly abundant supply of Iranian weaponry, sanctions announced today by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), in coordination with the United Kingdom, shed some light on how those Houthi arms are being funded.

Designated in the sanctions are Hong Kong ship operator Cap Tees Shipping Co. and the 1998-built, 15,084 dwt crude oil tanker Artura, which is said to have been involved in another saga of...

https://www.marinelog.com/legal/safety-and-security/vessel-used-in-trades-that-funded-houthi-arms-hit-by-u-s-and-u-k-sanctions/

Strikes on Houthis won’t soon end trade disruptions

Overnight strikes on Houthi infrastructure by the U.S. and U.K. have not yet shut down the group’s attacks on merchant shipping. This morning the U.K. Maritime Trade Office reported an incident in which a missile was fired towards a vessel 90 nautical miles southeast of Aden, Yemen.

UKMTO WARNING 007/JAN/2024 UPDATE 001https://t.co/6a9TLpaLrg#MaritimeSecurity #MarSec pic.twitter.com/eZIBRlsLSo

— United Kingdom Maritime Trade Operations (UKMTO) (@UK_MTO) January 12, 2024

Al Arabiya cites U.K....

https://www.marinelog.com/legal/shipping/strikes-on-houthis-wont-soon-end-trade-disruptions/

OFAC moves to stem flow of Iranian funding to Houthis

As the Houthi attacks that began with the hijacking of the Galaxy Leader continue to disrupt Red Sea shipping, the U.S. is moving to stem the flow of the Iranian money that is helping sustain those activities.

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today designated one individual and three entities that, it says, are responsible for facilitating the flow of Iranian financial assistance to Houthi forces,

Among those designated today is the head of the...

https://www.marinelog.com/legal/safety-and-security/ofac-moves-to-stem-flow-of-iranian-funding-to-houthis/

OFAC sanctions three more Russian oil price cap busters

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today imposed sanctions on three entities and identified as blocked property three vessels that used Price Cap Coalition service providers while carrying Russian crude oil above the Coalition-agreed price cap.

Treasury says the action underscores its commitment, alongside its international partners, to responsibly reducing oil revenues that the Russian government can use to bankroll its brutal invasion of Ukraine.

Today...

https://www.marinelog.com/news/ofac-sanctions-three-more-russian-oil-price-cap-busters/

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