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/

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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