October 16, 2023
SDN List Designation of Vessels and Owners Transporting Oil Sold Over the Price Cap
On October 12, 2023, OFAC designated the vessels SCF Primorye and Yasa Golden Bosphorus (collectively, the “Vessels”) and their respective registered owners to the SDN List for transporting Russian-origin crude oil sold above the G7 coalition price cap. The registered owner of the SCF Primorye that has been designated to the SDN List is Lumber Marine SA; the registered owner of the Yasa Golden Bosphorus that has been designated to the SDN List is Ice Pearl Navigation Corp.
To read the full Client Alert, click HERE.