Us Department Of Treasury News

Chevron Corp crude oil cargo has become embroiled in U.S. sanctions on shipping companies for violating restrictions on doing business with Venezuela, the company confirmed on Friday.Adamant Maritime Ltd, the owner of very large crude-oil carrier (VLCC) Seahero was sanctioned by the U.S. Department of Treasury on Tuesday for carrying a Venezuelan cargo in February. The vessel currently is heading to Asia after recently stopping in Trinidad and Tobago, according to vessel tracking data.The tanker on short term charter and "performing a voyage that is not related to Venezuela," Chevron spokesman Ray Fohr said. "We are working with the appropriate government agencies to ensure compliance with U.S. laws and regulations," he said.The U.S.

The 2017 Great Lakes shipping season begins today when the U.S.-flag tug/barge unit Dorothy Ann/Pathfinder departs her winter lay-up berth in Erie, Pa., and sails to Cleveland, Ohio, where she will initiate the shuttle of iron ore from Cleveland Bulk Terminal to the ArcelorMittal steel mill at the end of the navigable portion of the Cuyahoga River on Wednesday. The vessel will load approximately 15,000 tons that was mined from Minnesota’s Mesabi Iron Range. The next vessel to get underway will be the cement carrier Bradshaw McKee/St. Marys Conquest on March 1.

North Korean vessels owned by Ocean Maritime Management (OMM) have been seen using Russian ports, says the NK News vessel tracker. OMM was sanctioned for its involvement in smuggling weapons through the Panama Canal in 2013. While the vessel was seen visiting the Russian port of Vanino in early July, data from Marine Traffic and ship inspection records indicate the sanctioned Hui Chon (formerly the Hwan Gum San 2) is now a regular visitor to ports in the Russian far east. The Hui Chon was inspected six times in two different Russian ports since early July. Port inspections are usually to ascertain if a vessel is meeting safety and environmental standards. Earlier this month, the M/V Kang Gye was seen transiting back to North Korea after calling Port Nakhodka in Russia.

Singapore-based Senat Shipping said on Friday it had done nothing illegal and that it was unreasonable to be put on a U.S. sanctions list for alleged connection with a blacklisted North Korean shipping company. The U.S. Department of Treasury on Thursday listed Senat, arguing it had supported Ocean Maritime Management Company (OMMC), which had arranged an illegal shipment of arms on the Chong Chon Gang ship that was seized in Panama in 2013. The sanctions will also target Senat's president, Leonard Lai, and a company vessel, the department said. "The US Treasury's move to put Senat and Leonard Lai on the OFAC (Office of Foreign Assets Control) list is a misguided measure purely based on Senat's historical dealings with OMM," said the company in a statement emailed to Reuters.

Carnival Corp. granted U.S. Carnival Corporation & plc said that the U.S. Department of the Treasury and the U.S. Department of Commerce granted approval for the company to begin travel to Cuba. Carnival Corporation intends to take travelers to Cuba beginning in May 2016 via its newly launched fathom brand – a new social impact travel brand providing purpose-oriented, social impact experiences, initially in the Dominican Republic. Carnival Corporation intends to operate fathom travel itineraries directly to Cuba for the purpose of providing cultural…

Stolt Nielsen has reported that it is cooperating with a U.S. probe for alleged business dealings with Sudan and Iran. Stolt Nielsen Transportation Group (SNTG) is being probed by the U.S. Department of Treasury’s office for payment of incidental port expenses to entities in Sudan. According to the Wall Street Journal, which initially revealed the U.S. probe on May 20, records and legal documents show that ships owned by Stolt Nielsen or a joint venture were used for trade with Cuba, Sudan and Iran despite a U.S. trade blacklist. The U.S. attorney’s office in Connecticut has also launched an investigation regarding Stolt Nielsen’s trade practices.