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Vessels Office of Foreign Assets Control (OFAC) Trade Relations

Mayer Brown

Russia/Ukraine Sanctions Update - Month of July 2025

Mayer Brown on

I. U.S. SANCTIONS - U.S. Treasury Department Sanctions Iranian Shipping Network that Transports Oil and Petroleum Products from Russia: On July 30, the U.S. Department of the Treasury’s Office of Foreign Assets Control...more

Cozen O'Connor

OFAC and BIS Changes to Cuba Sanctions Further Ease Trade and Travel Restrictions

Cozen O'Connor on

On October 14, 2016, the Treasury Department’s Office of Foreign Assets Control (OFAC) and the Commerce Department’s Bureau of Industry and Security (BIS) published another round of amendments to the Cuban Assets Control...more

Blank Rome LLP

New Regulations Further Ease Maritime Transport and Travel Restrictions on Cuba

Blank Rome LLP on

Action Item: The Administration further implemented its new Cuba policy facilitating passenger vessel service to Cuba and opening opportunities in Cuba’s maritime, telecommunications, and construction sectors. Considering the...more

K&L Gates LLP

Ferry Service Between The United States And Cuba—Imminent Or Not?

K&L Gates LLP on

Recent decisions by the Office of Foreign Assets Control (OFAC) of the Department of Treasury have increased the prospects for regular air and vessel service to and from Cuba. Those decisions do not open the floodgates for...more

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