Port News & Information Mediterranean, Black & Caspian Seas

USA sanctions Russia’s state-owned United Shipbuilding Corporation

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Washington, USA (PortSEurope) April 8, 2022 – Yesterday the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) redesignated Joint Stock Company United Shipbuilding Corporation (USC), as well as its subsidiaries and board members. State-owned USC develops and constructs USC is responsible for the construction of almost all of Russia’s warships, as well…

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