Subscribe to RSS feedMaersk in US sanctions settlement
by
Roger Hailey, London
—
last modified
Aug 18, 2010 04:27 PM
MAERSK Line in the US has reached a US$3m settlement on unlicensed shipping services originating in or bound for Sudan and Iran, in violation of Washington’s economic and trade sanctions.
The Treasury Department’s Office of Foreign Assets Control (OFAC) alleged that, between January 2003 and October 2007,Maersk Line transported 4714 cargo shipments to and/or from Sudan and Iran and on at least one leg of the journey, using a US-flagged...
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