OFAC Authorized Transactions on Arrested MV Dianthe
The Treasury Department’s Office of Foreign Affairs Control (OFAC) authorized certain transactions related to a Specially Designated Nationals and Blocked Persons list vessel, MV Dianthe, currently under arrest in Mundra, India, according to an Oct. 30 OFAC statement. Such transactions…
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include, but are not limited to, bidding on the purchase of the vessel, paying deposits and providing financing, insurance, or funding in connection with the purchase. In furtherance of the arrest, detention, and judicial sale of the vessel, vessel management service, port agency services, purchasing of bunkers, repairing or modifying the Vessel for commercial use, providing crewing, and hiring surveyors to inspect the vessel are also authorized. This authorization expires on Nov. 14, 2014.