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OFAC Issues a Finding of Violation to B Whale Corporation, a Member of the TMT Group of Shipping Companies, for a Violation of the Iranian Transactions and Sanctions Regulations


The U.S. Department of the Treasury’s Office of Foreign Assets Control has issued a Finding of Violation to B Whale Corporation (BWC), a company based in Taipei, Taiwan and a member of the TMT Group of shipping companies, for a violation of the Iranian Transactions and Sanctions Regulations, 31 C.F.R. part 560 (ITSR).  Between on or about August 30, 2013 and on or about September 2, 2013, BWC violated §§ 560.201 and 560.211 of the ITSR when its vessel conducted a ship-to-ship transfer with, and received 2,086,486 barrels of condensate crude oil from, a vessel owned by the National Iranian Tanker Company.  For more information on this action, please visit the following web notice.
Last Updated: 2/3/2017 1:28 PM