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Antiboycott Violations: Carrier Saudi Services Company Ltd charged with 4 counts

September 6, 2017 by Karen Edwards Leave a Comment

Antiboycott Violations: Carrier Saudi Services Company Ltd charged with 4 counts The Office of Antiboycott Compliance, Bureau of Industry and Security, United States Department of Commerce ("BIS"), has determined to initiate proceedings against Carrier Saudi Services Company Ltd. ("CSSC"), a controlled-in-fact foreign affiliate (Saudi Arabia) of Carrier Corporation, a … [Read more...]

Seven People Charged With Conspiring to Steal Trade Secrets For Benefit of Chinese Manufacturing Company

September 6, 2017 by Karen Edwards Leave a Comment

Seven People Charged With Conspiring to Steal Trade Secrets For Benefit of Chinese Manufacturing Company Case Involves Dual-Use Technology With Military Applications A criminal complaint charging seven individuals with conspiring to steal trade secrets from a business in the U.S. on behalf of a company in China that was engaged in manufacturing a high-performance, … [Read more...]

OFAC: Settlement Agreement for Iran Sanction Violations

August 22, 2017 by Karen Edwards Leave a Comment

OFAC: Settlement Agreement for Iran Sanction Violations The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC)  announced a $259,200 settlement with IPSA International Services, Inc. (IPSA) of Phoenix, Arizona. IPSA agreed to settle its potential civil liability for 72 apparent violations of the Iranian Transactions and Sanctions Regulations. The … [Read more...]

ACE July 8th Post Release Deployment Postponed

June 28, 2017 by Karen Edwards Leave a Comment

ACE July 8th Post Release Deployment Postponed CBP is rescheduling the last primary deployment of core trade processing capabilities in ACE which had been scheduled for July 8, 2017. This deployment includes liquidation (with the exception of the previously deployed electronic posting of the Notices of Liquidation on CBP.gov), reconciliation, drawback, duty deferral, … [Read more...]

Exporter Sentenced To 135 Months In Prison Following Convictions On All Counts At Trial

June 26, 2017 by Karen Edwards Leave a Comment

Exporter Sentenced To 135 Months In Prison Following Convictions On All Counts At Trial Alexander Posobilov was sentenced [February 2017] to 135 months’ imprisonment for conspiring to export and illegally exporting controlled microelectronics to Russia, as well as for conspiring to launder money. Posobilov, together with ten other individuals and two corporations – ARC … [Read more...]

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World Shipping News

Northern Lights CCS project grabs a slice of EU funding
8 December 2023
Northern Lights CCS project grabs a slice of EU funding

The European Commission (EC) has awarded €131 million for the Northern Lights carbon capture […] The post Northern Lights CCS project grabs a slice of EU funding appeared first on… [...]

Norway’s largest zero-emission ferry launched in Turkey
8 December 2023
Norway’s largest zero-emission ferry launched in Turkey

Turkish Cemre Shipyard has launched NB1091 Hinnøy, Norway's largest zero-emission ferry. The post Norway’s largest zero-emission ferry launched in Turkey appeared first on Offshore Energy. [...]

Oldendorff and Teck to fit bulker with rotor sails as part of decarbonization push
8 December 2023
Oldendorff and Teck to fit bulker with rotor sails as part of decarbonization push

German bulk operator Oldendorff Carriers GmbH & Co. KG has entered into an agreement with […] The post Oldendorff and Teck to fit bulker with rotor sails as part of decarbonization… [...]

LNG-powered tanker Liselotte Essberger named in Hamburg
8 December 2023
LNG-powered tanker Liselotte Essberger named in Hamburg

E&S Tankers, a Germany-based joint venture between shipping companies Essberger Tankers and Stolt Tankers, has christened the first of four new LNG-powered parcel chemical tankers. The post LNG-powered tanker Liselotte… [...]

ORNL, Caterpillar to work on methanol use in marine engines
8 December 2023
ORNL, Caterpillar to work on methanol use in marine engines

The US Department of Energy’s Oak Ridge National Laboratory (ORNL) and engine manufacturer Caterpillar have entered into a cooperative research and development agreement (CRADA) to investigate using methanol as an alternative… [...]

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