U.S. removes oil tanker, shipowner from its blacklist

U.S. removes oil tanker, shipowner from its blacklist


The U.S. Department of Treasury has removed a crude oil tanker and its owner from the Office of Foreign Assets Control (OFAC) Specially Designated Nationals List.

The Marshall Islands-based Monsoon Navigation Corporation and its Panama-flagged Ocean Elegance were taken down from the list almost six months after they were sanctioned in May 2019.

OFAC earlier explained that the company and its ship were blacklisted for deliverying crude oil from Venezuela to Cuba from late 2018 through March 2019.

At the time, the U.S. Department of Treasury’s OFAC also sanctioned Liberia’s Serenity Maritime Limited, as well as the company’s chemical and oil tanker Leon Dias, for shipping crude oil from Venezuela to Cuba.



We pay for your stories! Do you have a story for Ships & Ports? Email us at [email protected] or call 0810 359 4873. You can also WhatsApp us here. We pay for videos too.


Copyright Ships & Ports Ltd. Permission to use quotations from this article is granted subject to appropriate credit given to www.shipsandports.com.ng as the source.