Shipping: US Treasury The Islamic Republic of Iran Shipping Lines (IRISL)
In 2008, Treasury exposed the alarming involvement of Iran’s national maritime carrier in Iran’s illicit procurement activities. The Islamic Republic of Iran Shipping Lines (IRISL) had placed its international network of ships and hubs into the service of the Iranian military, particularly the arm of its military overseeing ballistic missile development. We imposed sanctions on IRISL, its corporate network, and its fleet, prohibiting U.S. persons from dealing with the company. Since then, the international community has followed suit, imposing a widening array of powerful sanctions against this dangerous carrier.
Most Recent - Whole Site
The Risk Professional: Green Capital Consulting GroupLegal Professional: Baker Mac lawyer guilty of money laundering and securities fraud
Sales and Marketing: shooting oneself in the foot
Business Crime: Dear Mrs Kate Dave: Yes, please. Send it now.
The Risk Professional: Is your data secure enough for the UK's ICO?
Most Recent - BankingInsuranceSecurities.Com
Sanctions: USA PATRIOT Act designation 20120522Sanctions: OFAC Update 20120515
Sanctions: OFAC update 20120508
Sanctions: OFAC Update 20120517
Sanctions: OFAC Update 20120517 - 2
"With the success of each hijacking, there is more money available to pirates to purchase better equipment, larger ships, and better weapons. [and to operate] further offshore. In 2005, pira...
Shipping: Cargill returns to the days of sailThis is going to seem like an April Fool's joke but it's anything but. There have been plenty of ideas for boosting fuel efficiency in cargo ships by using sails, but none have come to anything....
Shipping: US Government blacklists shipping related businessesThe USA's Office of Foreign Assets Control (OFAC) has issued an update in which a number of shipping related businesses are listed. As a result, no US resident or citizen (individual or corporate...
Shipping: UN Treaty to be signed today.The United Nations has announced that the Convention on Contracts for the International Carriage of Goods Wholly or Partly by Sea will be signed in Rotterdam today. As a result, it will become kn...
