OFAC issues civil penalties to two shipping lines
The U.S. Office of Foreign Assets Control has assessed civil penalties against Maersk Inc., based in Madison, N.J., and Universe Tankships LLC, based in New York.
OFAC fined Maersk $40,000 for shipments to Cuba in violation of an economic sanctions program.
OFAC assessed a penalty of $3,000 against Universe Tankships for a 1998 funds transfer in Kosovo that violated a sanctions program.
The agency also fined Waterfront Beer and Wine Inc., in South Boston, Mass., $12,440 for a 1999 purchase and sale of goods originated in Cuba.
None of the disclosures were voluntary on the part of the companies cited, OFAC’s reports noted.