U. S. Sanctions Liberian Flagged Shipping Company

A shipping entity connected to the South American Government of Venezuela and with offices in Liberia has been sanctioned by the Government of the United States.

U. S. Pres. Donald J. Trump

The U.S. is locked in a bitter diplomatic spat with the Nicolas Maduro government in Venezuela which it describes as “illegitimate” and has, instead, recognized, the leader of the opposition-controlled National Assembly, Mr. Juan Guaido who has declared himself interim President.

Pres. Nicolas Maduro of Venezuela

As part of pressuring the Maduro Government, the Trump Administration, through the Treasury Department, slapped Specially Designated Nationals And Blocked Persons (SDN) economic sanctions on the state owned oil company and two international companies that are engaged in the transport of Venezuelan oil.

Petroleos de Venezuela is the country’s state-run oil company.

Venezuela National Oil Company

The Maduro Government is kept afloat by the proceeds of the country’s oil shipment and sale and Washington is working to strangulate the Government.

The Venezuelan Company operating out of Liberia is Ballito Bay Shipping Incorporated with an address at 80 Broad Street in Monrovia.

The address listed for Ballito Bay Shipping is tied to the Liberia International Ship And Corporate Registry (LISCR, LLC), a private U.S. owned and globally operated company that manages Liberia’s lucrative ship registry.

LISCR Offices

LISCR,

The LISCR Trust Company (“the Registered Agent”) on its website says, “ it has been appointed by the Government of the Republic of Liberia to serve as a sole registered agent for all Liberian non-resident corporate entities. The principal role of the Registered Agent is to receive filing instructions, issue annual invoices, notices, etc. and to provide a registered office address for receiving service of process, or legal notices, on the entity’s behalf. The Registered Agent can also serve as the official depository for any document that a Liberian entity voluntarily records outside the public register.

The Registered Agent’s address for all non-resident Liberian entities is 80 Broad Street, Monrovia, Liberia…”

The Liberian Government receives fees collected by LISCR which are deposited in its account at the Federal Reserve in New York.

The identification number of Ballito Bay Shipping with the International Maritime Organization (IMO) is 5804961.

Crude Tanker Despina Andrianna

The Despina Andrianna vessel owned by Ballito Bay Shipping Incorporated is part of the Liberian registry and is engaged in transporting Venezuelan oil to Cuba.

West African Journal Magazine tracked the Despina Andrianna crude tanker and the vessel’s global position currently has it sailing in the Caribbean to an unknown destination.

The sanctions prohibit any citizen of the U.S. or entity from transactions involving Ballito Bay.

The LISCR will now be restricted from further business with the named company in the Liberian registry which it manages , according to the terms of the U.S. sanctions.

Liberia Business Registry Application Form

On its website, the LISCR notes, “…A non-Liberian corporation can re-domicile into Liberia and will become a Liberian Corporation upon filing the application with required attachments, including the Articles of Incorporation of the corporation as a Liberian corporation. The corporation will continue its existence as a Liberian corporation; the existence date of the re-domiciled corporation is the date of incorporation of the corporation in the jurisdiction of its origin.

Liberian nonresident domestic corporations are governed by provisions of the Business Corporation Act, The Associations Law, Title 5, as Amended, of the Liberian Code of Laws Revised, (the “BCA”).

Under Liberia’s Business Corporation Act, Ballito Bay Shipping would be considered a “Foreign Corporation” which is

(o) “Re-domiciled” doing business for profit in Liberia.

It is unclear if Ballito Bay Shipping Incorporated which is registered with the Liberian Business Registry (LBR) at the Ministry of Commerce or Liberia National Investment Commission

There are eight (8) other shipping companies with Liberian flagged ships tied to Iran and Hizballah that are sanctioned by the US Government and listed on the Treasury Department’s SDN, according to the Office of Asset Control (OFAC).

West African Journal Magazine has reached out to LISCR Trust for comment on its future relationship with Ballito Bay Shipping Incorporated.

By Our International Affairs Correspondent

West African Journal

LISCR Says It Annulled Several US Sanctioned Shipping Entities In Liberia

As part of its on-going investigation into individuals and shipping entities which are under U.S. Department of the Treasury sanction regimes and last reported as operating in Liberia, the Liberia International Ship and Corporate Registry (LISCR) says some of the named entities have been annulled.

The Liberian Registry is comprised of 4,330+ vessels aggregating over 160 million gross tons, representing 11 percent of the world’s ocean going fleet. The Liberian Registry is administered by the Liberian International Ship & Corporate Registry (LISCR, LLC), a private U.S. owned and globally operated company.

West African Journal Magazine, in a query to the LISCR, requested explanation on the use of their corporate office at 80 Broad Street, Monrovia as a mailing address by some of the individuals and entities.

In an emailed response, the LISCR stated that, “…The Liberian entities that you are referring to as being associated with 80 Broad Street were all annulled by the Registry in March 2013. Liberia worked in close cooperation with the US Treasury during that period.  These entities are currently listed on the SDN list, with their correct last known address being noted as “c/o  Libra Shipping SA, 3, Xanthou Street, Glyfada” (Greece).

The other entities named in your article (GOLDEN FISH LIBERIA LTD., DOLPHIN TRADING COMPANY LIMITED, SKY TRADE COMPANY) have not been established or incorporated with the Liberian International Ship and Corporate Registry. As such, there is no record of them in the Registry…” LISCR said.

The following shipping lines which are on the Liberian registry and list offices in Liberia are sanctioned because of their connection to the government of Iran which is under heavy economic sanctions by the U.S. Sanctions

GARBIN NAVIGATION LTD /IRAN

Care of Sambouk Shipping FCZ, Office 101 Fujairah    United Arab Emirates

1st Floor, FITCO Building No 3

Inside Fujairah Port, PO Box 50044

80 Broad Street Monrovia, Liberia 

 KONING MARINE CORP /IRAN

Care of Sambouk Shipping FCZ Fujairah    United Arab Emirates

Office 101, 1st Floor

FITCO Building No 3, Inside Fujairah Port, PO Box 50044

80 Broad Street   Monrovia, Liberia 

BLUE TANKER SHIPPING SA /IRAN

Care of Sambouk Shipping FCZ Fujairah    United Arab Emirates

Office 101, 1st Floor

FITCO Building No 3, Inside Fujairah Port, PO Box 50044

Majuro MH   Marshall Islands and Liberia  

 JUPITER SEAWAYS SHIPPING /IRAN

Care of Sambouk Shipping FCZ  Fujairah    United Arab Emirates

Office 101, 1st Floor

FITCO Building No 3, Inside Fujairah Port, PO Box 50044

80 Broad Street Monrovia, Liberia

 HERCULES INTERNATIONAL SHIPPING

Care of Sambouk Shipping FCZ Fujairah    United Arab Emirates

Office 101, 1st Floor

FITCO Building No 3, Inside Fujairah Port, PO Box 50044

80 Broad Street Monrovia, Liberia (Subject to Secondary Sanctions)

 HERMIS SHIPPING SA /IRAN

Care of Sambouk Shipping FCZ Fujairah    United Arab Emirates

Office 101, 1st Floor

FITCO Building No 3, Inside Fujairah Port, PO Box 50044

Panama City, Panama

Monrovia   Liberia (Subject to Secondary Sanctions)

 The following shipping lines registered under the Liberian flag, with offices in Liberia and connected to Iran are sanctioned under the designation of Specially Designated National Global Terrorism (SDGT):

GOLDEN FISH LIBERIA LTD.

2nd Street Sinkor and Logan Town, Monrovia, Montserrado County, Liberia (Subject to Secondary Sanctions Pursuant to the Hizballah Financial Sanctions Regulations)

This business is linked to one Ali Muhammad Qansu, a Lebanese born national who is linked to another Lebanese national Adham Husayn Tabaja who has ties to 13 iterations of Hizballah in Syria and Iraq. The U.S. Government has also designated and sanctioned Ali Muhammad Qansu, Adham Husayn Tabaj and Hizballah. The group Hizballah is listed as a terror organization by the U.S. Government.

 DOLPHIN TRADING COMPANY LIMITED

Bob Taylor Road Monrovia and Paynesville, Liberia linked to Ali Muhammad Qansu and subject to Secondary Sanctions Pursuant to the Hizballah Financial Sanctions Regulations.

SKY TRADE COMPANY

Logan Town, Opposite Rice Store Entity Monrovia, Liberia linked to Ali Muhammad Qansu and subject to Secondary Sanctions Pursuant to the Hizballah Financial Sanctions Regulations.

Information on the recently website of the Office of Foreign Asset Control of the U.S. Department of the Treasury in Washington DC, showed several shipping individuals and shipping lines in Liberia, Sierra Leone and Cote d’Ivoire included on the Specially Designated Nationals and Blocked Persons List (SDN) and the Specially Designated Nationals For Global Terrorism (SDGT) sanction lists.

By Emmanuel Abalo

West African Journal Magazine