VertRep

VertRep
Showing posts with label Lon. Show all posts
Showing posts with label Lon. Show all posts

Friday, June 25, 2010

Iran: Flags of Convenience and Breaking Sanctions

Nice report of how Iran evades sanctions by the NYTimes at Web of Shell Companies Veils Trade by Iran’s Ships:
But an examination shows how Iran has used a succession of stratagems — changing not just ships’ flags and names but their owners, operators and managers, too — to stay one step ahead of its pursuers. This cat-and-mouse game offers a case study in the difficulties of enforcing sanctions.

“We are dealing with people who are as smart as we are, and of course they can read our list,” said Stuart A. Levey, the under secretary of the Treasury who oversees the sanctions effort and the blacklist of Irisl and its fleet.

That blacklist simply hasn’t kept up.
It's always a mistake to underestimate how wily your enemies are.

One of my earlier posts on flags of convenience involving that other "friend of the U.S.," North Korea.

Ship photo of vessel "Amplify" by Daniel Ferro from Shipspotting.com and used in accord with terms found there.

Hat tip to Information Dissemination.