PANAMA SAYS IT CUT IRAN OIL TANKER FROM REGISTRY AFTER TERRORISM ALERT

The Jerusalem Post on 5th July reported that Panama’s Maritime Authority said that Grace 1, an Iranian oil tanker seized by British Royal Marines in Gibraltar, was no longer listed in Panama’s international boat registry as of May 29th.  Panama de-listed the vessel after receiving an alert indicating that the ship had participated in or was linked to terrorism financing.  Although the tanker flies a Panama flag, Iran claimed ownership and objected to the seizure of its ship.

https://www.jpost.com/Breaking-News/Panama-says-it-cut-Iran-oil-tanker-from-registry-after-terrorism-alert-594673

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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