Export Privileges Denied to Iranian Co.

Monday, February 09, 2009

The U.S. Bureau of Industry and Security (BIS) issued an order temporarily denying export privileges to the Islamic Republic of Iran Shipping Lines, as well as two related companies.  The order relies on evidence that the parties are about to engage in conduct prohibited by the Export Administration Regulations by re-exporting US-origin items.  Specifically, it appears that the parties are planning to re-export from South Africa a Bladerunner 51 powerboat, known as the Bradstone Challenger, for use by the Iranian Revolutionary Guard Corps.  Under the Order, no person subject to the jurisdiction of the United States may take any action that facilitates this re-exportation.  74 Fed. Reg. 6265  (February 6, 2009).

(Source: Holland & Knight)

Maritime Reporter July 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Harper Government Invests in Naufrage Harbor

The Honorable Gail Shea, Minister of Fisheries and Oceans, announced today an investment to improve safety and working conditions for fishermen at Naufrage Harbor, Prince Edward Island.

Ondimar Firms Order Suezmax Quartet at Navantia

Navantia and Maritime Transport Ondimar LDA (shipping company Ibaizabal Group) today ratified the contracts signed in late June and the financial structure for

Contship Italia Signs Iran MoU

Contship Italia Spa, also on behalf of Eurogate GmbH & Co. KGaA, KG, recently signed a strategic Memorandum of Understanding (M.O.U.) with Sina Port & Marine Company (SPMCO),

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | 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: 0.0802 sec (12 req/sec)