• ITVI.USA
    16,030.520
    117.340
    0.7%
  • OTLT.USA
    2.809
    0.016
    0.6%
  • OTRI.USA
    22.220
    -0.080
    -0.4%
  • OTVI.USA
    16,016.550
    115.560
    0.7%
  • TSTOPVRPM.ATLPHL
    2.950
    -0.570
    -16.2%
  • TSTOPVRPM.CHIATL
    3.610
    0.650
    22%
  • TSTOPVRPM.DALLAX
    1.370
    -0.240
    -14.9%
  • TSTOPVRPM.LAXDAL
    3.550
    0.210
    6.3%
  • TSTOPVRPM.PHLCHI
    2.320
    0.220
    10.5%
  • TSTOPVRPM.LAXSEA
    4.110
    0.250
    6.5%
  • WAIT.USA
    126.000
    0.000
    0%
  • ITVI.USA
    16,030.520
    117.340
    0.7%
  • OTLT.USA
    2.809
    0.016
    0.6%
  • OTRI.USA
    22.220
    -0.080
    -0.4%
  • OTVI.USA
    16,016.550
    115.560
    0.7%
  • TSTOPVRPM.ATLPHL
    2.950
    -0.570
    -16.2%
  • TSTOPVRPM.CHIATL
    3.610
    0.650
    22%
  • TSTOPVRPM.DALLAX
    1.370
    -0.240
    -14.9%
  • TSTOPVRPM.LAXDAL
    3.550
    0.210
    6.3%
  • TSTOPVRPM.PHLCHI
    2.320
    0.220
    10.5%
  • TSTOPVRPM.LAXSEA
    4.110
    0.250
    6.5%
  • WAIT.USA
    126.000
    0.000
    0%
American ShipperShipping

Russian shipowners sanctioned

OFAC says two ship-to-ship transfers of oil were made to North Korean-flagged vessels.

   The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has placed sanctions on two more Russian shipowners and their vessels for violating United Nations and U.S. trade sanctions against North Korea. 
   Specifically, OFAC said the Russian shipowners were involved in ship-to-ship transfers of refined petroleum products with North Korea-flagged ships, which is prohibited by the U.N. Security Council. 
   OFAC designated Vladivostok, Russia-based shipping companies Primorye Maritime Logistics Co. Ltd. and Gudzon Shipping Co., the registered shipowners and managers of the Russian-flagged ship Patriot.  
   According to the agency, earlier this year the Patriot conducted two ship-to-ship transfers of oil for the benefit of North Korea, including 1,500 tons of oil to the Chong Rim 2 and 2,000 tons of oil to the Chon Ma San, both sanctioned North Korean-flagged vessels. The ultimate buyer of the oil was U.N.- and U.S.-designated Taesong Bank, a sanctioned North Korean entity. 
   OFAC identified five additional Russian-flagged vessels in which Gudzon has interest: Neptun, Bella, Bogatyr, Partizan and Sevastopol.

Chris Gillis

Located in the Washington, D.C. area, Chris Gillis primarily reports on regulatory and legislative topics that impact cross-border trade. He joined American Shipper in 1994, shortly after graduating from Mount St. Mary’s College in Emmitsburg, Md., with a degree in international business and economics.

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