OFAC – North Korean Vessels – U.S. Ownership Prohibition

Friday, February 02, 2007
The Office of Foreign Assets Control (OFAC) has amended the regulations to prohibit US persons from registering vessels in the Democratic People’s Republic of Korea [North Korea] or otherwise obtaining authorization for a vessel to fly the North Korean flag. US persons are already prohibited from owning, leasing, operating, or insuring any North Korean vessel. The amendment is effective immediately. 72 Fed. Reg. 4960 Source: HK Law
Maritime Reporter September 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Two RAscal 1500 Tugs Delivered

Sanmar Shipyard of Turkey has recently completed two RAscal 1500 tugs for Jordanian owners. The tugs are now delivering marine services to the FSRU berthing

d'Amico Launches Two Tankers in Vietnam

d'Amico International Shipping S.A. has launched two eco-ships at the shipyards of Hyundai Vinashin Shipyard Co. Ltd – Vietnam, bringing the fleet to more than 50 units.

Towering Damen Marine Components Hits 150‏

Damen Marine Components (DMC), the oldest company in Damen Shipyards Group, celebrates its 150th anniversary today. DMC has grown from a very small shipyard established in Gorinchem in 1865,

Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Shipbuilding / Vessel Construction Sonar Winch
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: 0.1149 sec (9 req/sec)