US Govt Sanctions Liberian Maritime Company

The United States Government through the Department of Treasury Office of Foreign Control Assets (OFAC), yesterday, Monday, December 20, 2021 descended its wrath on a Liberian registered Maritime Company, the, also known as Maritime Corp based in Dubai, the UAE but registered in Liberia by adding it on the list of Specially Designated Nationals (SDN) and subjected to Secondary Sanctions related to Iran.

According to the African Star, an online news outlet in the United States which broke the news, Under the Treasury Department’s Global Terrorism Sanctions Regulations, and specifically as it relates to the action against the Liberia registered company which is associated with Al Hasbi, Mahmood Rashid Amurt, prohibition in the sanctions are directed at, “(1)…Foreign persons listed in the Annex to Executive Order 13224 of September 23, 2001, as may be amended;

(2) Foreign persons determined by the Secretary of State, in consultation with the Secretary of the Treasury, the Secretary of Homeland Security and the Attorney General, to have committed, or to pose a significant risk of committing, acts of terrorism that threaten the security of U.S. nationals or the national security, foreign policy, or economy of the United States;”

In order to continue doing any business with the sanctioned company or individuals associated with the company, a license is required from the U.S. Treasury or civil and criminal penalties may be imposed under Federal law.

The U.S. Office of Foreign Control Assets (OFAC) currently list the following Liberian registered companies and nationals under sanctions:

Ballito Bay Shipping Incorporated (Venezuela related sanctions)

Blue Tanker Shipping SA (Iran related sanctions)

Dolphin Trading Company Limited (Specially Designated Global Terrorist related sanctions)

Garbin Navigation Limited (Iran related sanctions)

Golden Fish Liberia Limited (Specially Designated Global Terrorist related sanctions)

Hercules International Ship (Iran related sanctions)

Hermis Shipping SA (Iran related sanctions)

Jennifer Navigation Limited (Venezuela related U.S. Executive Order sanctions)

Prince Yormie Johnson (Global Magnitsky Designation)

Jupiter Seaways Shipping (Iran related sanctions)

Konig Marine Corp (Iran related sanctions)

Large Range Limited (Venezuela related U.S. Executive Order sanctions)

Harry Varney Gboto-Nambi Sherman (Global Magnitsky Designation)

Sky Trade Company (Specially Designated Global Terrorist related sanctions)

It remains unclear if the government’s Liberia Maritime Authority (LMA) and the Liberia International Ship and Corporate Registry(LISCR, LLC, a private U.S. owned and operated company which administers the lucrative Liberia ship registry, are aware of the sanctions or working to disconnect from the U.S. sanctioned companies registered in Liberia.

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