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In a much-anticipated and far-reaching action, on May 14, 2020, the U.S. Department of State, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), and the U.S. Coast Guard issued an advisory (the “Advisory”)

U.S. Government Issues Sweeping New Guidance to Maritime Industry to Address Illicit Shipping and Sanctions Evasions Practices Concerning Iran, North Korea, and Syria

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U.S. Government Issues Sweeping New Guidance to Maritime Industry to Address Illicit Shipping and Sanctions Evasions Practices Concerning Iran, North Korea, and Syria