Katherine Stavis

Reed Smith LLP

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The United States imposes sanctions on the Iranian financial sector

Iran, USA - October 12 2020 On October 8, 2020, the U.S. Secretary of Treasury, Steve Mnuchin designated the financial sector of Iran under Executive Order 13902, putting it…

Alexander Brandt, Eli Rymland-Kelly, Leigh T. Hansson.

President Trump signs executive order to unilaterally enforce UN arms embargo on Iran

Iran, USA - September 24 2020 On Monday, September 21, 2020, President Trump signed a new Executive Order authorizing the imposition of sanctions on persons engaged in certain…

Alexander Brandt, Eli Rymland-Kelly, Leigh T. Hansson.

ICS issues new Covid-19 Protocol for shipping

Global - September 1 2020 On August 26, 2020, The International Chamber of Shipping (“ICS”) published a new Covid-19 Protocol in collaboration with the International Maritime…

Han Deng.

PDVSA plans to ship sanctioned oil using its own fleet

Iran, USA - August 21 2020 Venezuela’s state-owned oil company, PDVSA, has a new approach to U.S. sanctions: “We are starting to use our own fleet and controlled fleet,” it…

Alexander Brandt.

U.S. confiscates Iranian gasoline shipment en route to Venezuela

Iran, USA, Venezuela - August 18 2020 The U.S. confiscated the cargo of four Greek-owned, Liberian-flagged vessels, (the Bella with IMO # 9208124, Bering with IMO # 9149225, Luna with IMO…