THE international ship registries of Djibouti and the Cook Islands suspended the flags on five oil tankers after US sanctions were imposed for facilitating oil trade for Hezbollah and Iran's Quds Force, reports Reuters.
The US Treasury Department imposed sanctions on a wide network of companies, people, and vessels accused of concealing the Iranian origins of shipments and exporting them worldwide.
After the sanctions, oil tankers Bueno, B Luminosa, Bluefins, and Boceanica were suspended from the Djibouti International Ship Registry in recent days.
The US maintains sweeping sanctions on Tehran and has looked for ways to increase pressure to resurrect the 2015 nuclear deal between Tehran and world powers.
Ships without a country's flag, seaworthy classification, or insurance are restricted from calling on international ports.
Most of the tankers are in Venezuelan waters, where they are used by state-run oil firm PDVSA to move oil and fuel between domestic ports.
Another tanker on the US sanction list, the Young Yong, lost its Djibouti flag and the classification that certified its seaworthiness.
SeaNews Turkey
The US Treasury Department imposed sanctions on a wide network of companies, people, and vessels accused of concealing the Iranian origins of shipments and exporting them worldwide.
After the sanctions, oil tankers Bueno, B Luminosa, Bluefins, and Boceanica were suspended from the Djibouti International Ship Registry in recent days.
The US maintains sweeping sanctions on Tehran and has looked for ways to increase pressure to resurrect the 2015 nuclear deal between Tehran and world powers.
Ships without a country's flag, seaworthy classification, or insurance are restricted from calling on international ports.
Most of the tankers are in Venezuelan waters, where they are used by state-run oil firm PDVSA to move oil and fuel between domestic ports.
Another tanker on the US sanction list, the Young Yong, lost its Djibouti flag and the classification that certified its seaworthiness.
SeaNews Turkey
