• DATVF.ATLPHL
    1.751
    -0.063
    -3.5%
  • DATVF.CHIATL
    2.041
    0.007
    0.3%
  • DATVF.DALLAX
    0.928
    0.007
    0.8%
  • DATVF.LAXDAL
    1.459
    -0.043
    -2.9%
  • DATVF.SEALAX
    0.984
    0.022
    2.3%
  • DATVF.PHLCHI
    1.110
    0.019
    1.7%
  • DATVF.LAXSEA
    2.155
    0.009
    0.4%
  • DATVF.VEU
    1.634
    -0.013
    -0.8%
  • DATVF.VNU
    1.466
    -0.005
    -0.3%
  • DATVF.VSU
    1.194
    -0.017
    -1.4%
  • DATVF.VWU
    1.569
    0.015
    1%
  • ITVI.USA
    9,394.010
    -295.340
    -3%
  • OTRI.USA
    7.540
    -0.110
    -1.4%
  • OTVI.USA
    9,375.560
    -302.450
    -3.1%
  • TLT.USA
    2.730
    0.000
    0%
  • WAIT.USA
    156.000
    -2.000
    -1.3%
  • DATVF.ATLPHL
    1.751
    -0.063
    -3.5%
  • DATVF.CHIATL
    2.041
    0.007
    0.3%
  • DATVF.DALLAX
    0.928
    0.007
    0.8%
  • DATVF.LAXDAL
    1.459
    -0.043
    -2.9%
  • DATVF.SEALAX
    0.984
    0.022
    2.3%
  • DATVF.PHLCHI
    1.110
    0.019
    1.7%
  • DATVF.LAXSEA
    2.155
    0.009
    0.4%
  • DATVF.VEU
    1.634
    -0.013
    -0.8%
  • DATVF.VNU
    1.466
    -0.005
    -0.3%
  • DATVF.VSU
    1.194
    -0.017
    -1.4%
  • DATVF.VWU
    1.569
    0.015
    1%
  • ITVI.USA
    9,394.010
    -295.340
    -3%
  • OTRI.USA
    7.540
    -0.110
    -1.4%
  • OTVI.USA
    9,375.560
    -302.450
    -3.1%
  • TLT.USA
    2.730
    0.000
    0%
  • WAIT.USA
    156.000
    -2.000
    -1.3%
American Shipper

Danish shipper pays $119,250 fine for U.S. export violations

Danish shipper pays $119,250 fine for U.S. export violations

The U.S. Commerce Department’s Bureau of Industry and Security announced Aug. 14 that Reson A/S (RAS) of Slangerup, Denmark, has agreed to pay a $119,250 civil penalty to settle allegations that it committed 29 violations of the Export Administration Regulations.

   In addition, BIS said separate civil penalties were settled with RAS’s subsidiaries including Reson Inc. of Goleta, Calif. ($83,000), Reson Offshore Ltd. of Aberdeen, United Kingdom ($9,900), and a former subsidiary of RAS, Underwater Surveys of Cape Town, South Africa ($29,700) for their respective roles in the violations.

   Reson Inc. also settled allegations concerning two deemed export violations, involving foreign nationals from France and the United Kingdom.

   “This case demonstrates the need for multinational corporations to implement effective compliance programs and to integrate them throughout the entire organization,” said Darryl W. Jackson, the Commerce Department’s assistant secretary for export enforcement, in a statement.

BIS said the allegations primarily involved unlicensed exports and re-exports of underwater navigation equipment to destinations in South Africa, Singapore, the United Arab Emirates, Mozambique, Taiwan, Russia and India between June 2002 and September 2006. These items are controlled for national security reasons.

   BIS said RAS voluntarily “self-disclosed the violations and cooperated fully in the investigation.”

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