ABOVE:Wermelskirchen An indictment was filed last Thursday in Federal District Court in Boston against Schneider GMBH, a manufacturer and exporter of industrial products located in Wermelskirchen, Germany, for conspiracy to export pump parts from the United States to Iran. The…
Retired Russian merchant ship Monchegorsk, alleged to be carrying Iranian arms shipments, wound up in Cypriot hands after being forced by the U.S. Navy to moor in Cyprus last week. The ship was searched by Cypriot authorities which on Tuesday…
Yesterday the Bureau of Industry and Security (“BIS”) released four settlement agreements arising out of a scheme by a large Taiwanese company to use its U.S. subsidiary to export products (mostly chemicals, metals and electronic components) on the Commerce Control…
Yesterday the Office of Foreign Assets Control (“OFAC”) released its civil penalties report for January. Among the settlements announced was one under which Stena Bulk LLC, the Houston-based subsidiary of the Swedish oil tanker company, agreed to pay OFAC $426,486…
ABOVE:French Rafale M Fighter Jet An article that appeared today on the website of the German-based Defence Professionals group reported on an address given last week by French Defense Minister Hervé Morin. Mr. Morin optimistically predicted that France would surpass…