Tag: U.S. Treasury Department

Impact & Regulations, Shipping

US: Firms Given Time to Wind Down Business with COSCO Units

October 25, 2019

Via: World Maritime News

The waiver, issues on October 24, allows “maintenance or wind down of transactions” and is valid until December 20. This includes offloading non-Iranian crude oil involving COSCO Shipping Tanker (Dalian) Co. Ltd, according to a notice from the department’s Office […]