US Lifts Sanctions on Turkish Shipyard Tied to Russian Shenanigans
Published Date: 5/15/2026
Notice
Summary
The U.S. Department of State has removed KUZEY STAR SHIPYARD, a Turkish company linked to Russian activities, from the special sanctions list as of October 9, 2025. This means their property and interests in the U.S. are no longer blocked, easing financial and trade restrictions. If you’ve been watching this company, now’s the time to note the change and adjust plans accordingly!
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
Turkish Shipyard Removed From Sanctions
On October 9, 2025, the Department of State removed KUZEY STAR SHIPYARD DENIZCILIK SANAYI VE TICARET ANONIM SIRKETI from the Department of the Treasury's Specially Designated Nationals (SDN) List. The company's property and interests in property subject to U.S. jurisdiction are unblocked, which eases financial and trade restrictions on transactions involving that company.
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