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Easy come, easy go: Venezuela removals

Along with the removal of Venezuela General License 37, today, OFAC removed the following entities and vessels from the SDN List: SEAHERO Crude Oil Tanker Bahamas flag; Vessel Registration Identification IMO 9315642 (vessel) [VENEZUELA-EO13850] (Linked To: ADAMANT MARITIME LTD). ADAMANT MARITIME LTD, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, […]

OFSI implements those new Venezuela sanctions designations

As per yesterday’s post, and Council Implementing Regulation (EU) 2020/897, today, UK officials added the following 11 persons to its Venezuela sanctions program: 1. BUSTAMANTE PUERTA, Dinorah Yoselin DOB: 14/01/1975. National Identification no: V-10002096 Other Information: Gender: female. Prosecutor serving at the Venezuelan First Special Court of First Instance, with […]

11 more added to EU’s Venezuela sanctions

Venezuela: eleven officials added to sanctions list The Council today added 11 leading Venezuelan officials to the list of those subject to restrictive measures, because of their role in acts and decisions undermining democracy and the rule of law in Venezuela.  The individuals added to the list are responsible notably for acting […]

OFAC adds some, removes some Venezuela designations, issues a General License & an FAQ

Earlier today, OFAC added the following persons: ESPARZA GARCIA, Veronica, Mexico; DOB 16 Jan 1973; POB Sinaloa, Mexico; citizen Mexico; Gender Female; C.U.R.P. EAGV730116MSLSRR04 (Mexico) (individual) [VENEZUELA-EO13850]. LEAL JIMENEZ, Joaquin, Mexico; DOB 17 Jul 1992; POB Guanajuato, Mexico; citizen Mexico; Gender Male; C.U.R.P. LEJJ920717HGTLMQ01 (Mexico) (individual) [VENEZUELA-EO13850]. ZEPEDA ESPARZA, Olga […]

OFAC designates Venezuela maritime companies, vessels

Today, OFAC added the following companies: ADAMANT MARITIME LTD, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH 96960, Marshall Islands; Identification Number IMO 5869890 [VENEZUELA-EO13850].    AFRANAV MARITIME LTD, Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, MH 96960, Marshall Islands; Identification Number IMO 6063849 [VENEZUELA-EO13850].    SANIBEL SHIPTRADE […]

Inching toward conflict…

Seems like we’re getting close to the hypothetical I posed yesterday about armed escorts of vehicles… seem. Venezuela is going to escort the Iranian tankers once they hit the country’s exclusive economic zone (I believe that’s the 200 nautical mile limit from shore). Sigh… watch this space.

50 Percent Rule? Not for Nynas…

Removal of Venezuela-related General License 13E, Issuance of Venezuela-related General Licenses 3H and 9G, and Amended Frequently Asked Questions 5/12/2020 The Department of the Treasury’s Office of Foreign Assets Control (OFAC) is revoking and archiving on its website Venezuela-related General License (GL) 13E “Authorizing Certain Activities Involving Nynas AB,” and […]

OFAC Humanitarian Aid Fact Sheet: Venezuela

Venezuela The Venezuela sanctions program is designed to limit the illegitimate former Maduro regime’s sources of revenue and hold accountable those who stand in the way of restoring democracy in Venezuela, while also ensuring the flow of humanitarian goods and services to the Venezuelan people. U.S. persons are not prohibited […]

OFAC issues Humanitarian Assistance Fact Sheet

Publication of a Fact Sheet on the Provision of Humanitarian Assistance and Trade to Combat COVID-19 4/16/2020 On April 16, the United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a Fact Sheethighlighting the most relevant exemptions, exceptions, and authorizations for humanitarian assistance and trade under the Iran, Venezuela, North […]