Economic Sanctions - Iran

Monday, December 08, 2008

The Office of Foreign Assets Control (OFAC) issued a final rule amending the Iranian Transaction Regulations to expand the scope of certain economic sanctions to include non-financial as well as financial institutions determined to be owned or controlled by the Government of Iran and to add three non-financial institutions that have been determined to be owned or controlled by the Government of Iran [the National Iranian Oil Company, the Naftiran Intertrade Company Ltd, and Naftiran Intertrade Co. (NICO) Sarl].  The amendments come into effect immediately.  Companies that trade with both the United States and Iran should exercise care so as to avoid inadvertent violations of these regulations.  73 Fed. Reg. 73788  (December 4, 2008).

(Source: Holland & Knight)

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

News

Continental Resources Names New President after Bott's Quick Exit

Continental Resources Inc, the largest oil producer in North Dakota's Bakken shale formation, promoted Jack Stark to president on Wednesday, less than a week after Rick Bott quit the position.

USCG in Search of Missing Man in Lake Michigan

The Coast Guard is searching for a man who went missing on Lake Michigan, Tuesday. Missing is 48-year-old Joseph Kiehm from Milwaukee. Kiehm was last seen aboard his 26-foot white sailboat,

Environmental Attorney Joins Long Beach Harbor Commission

Environmental attorney and Long Beach resident Tracy Egoscue joined the Long Beach Board of Harbor Commissioners on Tuesday as the first Commissioner appointed by newly elected Mayor Robert Garcia.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Offshore Oil Pipelines Pod Propulsion Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1266 sec (8 req/sec)