OFAC Freezes Ships and People in Fresh Sanctions
Published Date: 8/12/2025
Notice
Summary
The U.S. Treasury’s OFAC just added some people and ships to a special blacklist because they broke important rules. This means any money or property they have in the U.S. is frozen, and Americans can’t do business with them. If you’re involved, watch out—these changes take effect right away and could impact money and deals fast!
Analyzed Economic Effects
2 provisions identified: 0 benefits, 2 costs, 0 mixed.
People added to U.S. blacklist
OFAC added one or more people to the Specially Designated Nationals (SDN) List. Any money or property those people have that is subject to U.S. jurisdiction is blocked, and U.S. persons are generally prohibited from doing business with them. These restrictions take effect immediately upon publication.
Vessels designated as blocked property
OFAC placed one or more vessels on the SDN List and identified those vessels as property in which a blocked person has an interest. That means the vessels are blocked if they are subject to U.S. jurisdiction, and U.S. persons are generally prohibited from engaging in transactions involving them. The designation is effective immediately upon publication.
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