Ship Management Prohibited from Carrying Government Impelled Cargoes

This sanction restricts specific ship management companies from transporting cargoes that are mandated by government authorities. These measures aim to ensure compliance with regulations and protect national interests.

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116 Entities in Ship Management Prohibited from Carrying Government Impelled Cargoes
Entity NameEntity TypeEffective DateStatus

Algoma Ship Tech Ltd

VesselOct 20, 2023inactive

INTL VICTORY

VesselOct 5, 2023inactive

CHEMTRANS TAURUS

VesselOct 11, 2023inactive

Schiffahrtsgesellschaft

VesselNov 1, 2023inactive

GERMAINE

VesselOct 27, 2023inactive

Fleet Management Ltd

VesselJan 7, 2023inactive

Dorick Navigation SA

VesselJul 6, 2023inactive

Global Ship Lease 53 LLC

VesselMay 30, 2023inactive

Gold Hyacinth development Pte Ltd

VesselSep 1, 2022inactive

NACC VEGA

VesselAug 21, 2023inactive

FAQs

Why is compliance with the Ship Management Prohibited from Carrying Government Impelled Cargoes necessary?

Compliance with sanctions prohibiting ship management companies from carrying government-impelled cargoes is essential for maintaining international trade integrity and national security. These regulations help prevent the transportation of goods that could support illicit activities or enable hostile nations. By adhering to these sanctions, shipping companies ensure they do not inadvertently contribute to human rights abuses or other violations. Furthermore, compliance minimizes legal risks and potential penalties, fostering a responsible maritime industry committed to ethical operations and global stability.

Which companies should comply with Ship Management Prohibited from Carrying Government Impelled Cargoes?

Companies involved in maritime logistics, shipping, and freight forwarding must comply with the "Ship Management Prohibited from Carrying Government Impelled Cargoes" category. This includes Ship Operators, logistics firms, and freight brokers. Compliance is essential to avoid legal penalties and maintain reputational integrity, as violations can result in severe sanctions and restrictions on international trade and government contracts.