OFAC Unblocks Certain Sales Transactions With 2 Blocked Vessels in China
The Office of Foreign Assets Control is issuing General License No. 3 under the Weapons of Mass Destruction Proliferators Sanctions Regulations, 31 CFR Part 544, authorizing certain transactions related to the arrest, detention, and judicial sale of the MV First…
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Ocean and the MV Second Ocean, which are two vessels on OFAC’s Specially Designated Nationals and Blocked Persons list. These vessels are currently under arrest in Chiwan and Qingdao, China, respectively.