(English) OFAC Issues General License No. 30A
Derecho Marítimo OFAC Issues General License No. 30A which clarifies the previous designation of the Venezuelan Maritime Authority as a Specially Designated National (SDN) As reported in our Marine Newsletter to P&I Clubs dated 19 January 2021, the United States Department of Treasury through the Office of Foreign Assets Control (OFAC) included the Venezuelan Maritime Authority Instituto Nacional de los Espacios Acuáticos, commonly referred to as INEA, as an SDN on 19 January 2021. Today, two weeks following said action, OFAC issued General License No. 30A which seems to provide clarification on INEA’s designation.General License 30A “Authorizing Certain Transactions Necessary to Port and Airport Operations” dated 2 February 2021 – which entirely replaces and supersedes General License No. 30 – seems to separate the conduct of INEA as an Owner…