Bureau of Economic, Energy and Business Affairs; Persons on Whom Sanctions Have Been Imposed Under the Iran Sanctions Act of 1996, 56866-56868 [2011-23541]

Download as PDF 56866 Federal Register / Vol. 76, No. 178 / Wednesday, September 14, 2011 / Notices DEPARTMENT OF STATE [Public Notice 7585] Bureau of Economic, Energy and Business Affairs; Persons on Whom Sanctions Have Been Imposed Under the Iran Sanctions Act of 1996 Department of State. Notice. AGENCY: ACTION: The Secretary of State has determined that the following persons have engaged in sanctionable activity described in section 5(a) of the Iran Sanctions Act of 1996 (Pub. L. 104–172) (50 U.S.C. 1701 note) (‘‘ISA’’), as amended by the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Pub. L. 111– 195) (‘‘CISADA’’), and that certain sanctions should be imposed as a result: Allvale Maritime Inc., Associated Shipbroking, Petrochemical Commercial ´ Company International, Petroleos de Venezuela S.A., Royal Oyster Group, ´ ´ ´ Societe Anonyme Monegasque ´ D’Administration Maritime Et Aerienne, Speedy Ship, and Tanker Pacific Management (Singapore) Pte. Ltd. DATES: Effective Date: The sanctions on Associated Shipbroking, Petrochemical Commercial Company International, ´ Petroleos de Venezuela S.A., Royal Oyster Group, Speedy Ship, and Tanker Pacific Management (Singapore) Pte. Ltd. are effective May 24, 2011. The sanctions on Allvale Maritime Inc. and ´ ´ ´ Societe Anonyme Monegasque ´ D’Administration Maritime Et Aerienne, a clarification of the sanctions announced for ‘‘Ofer Brothers Group’’ in a May 24, 2011 announcement from the Department of State, are effective August 26, 2011. FOR FURTHER INFORMATION CONTACT: On general issues: Norman Galimba, Office of Terrorism Finance and Economic Sanctions Policy, Department of State, Telephone: (202) 647–9183. For U.S. Government procurement ban issues: Daniel Walt, Office of the Procurement Executive, Department of State, Telephone: (703) 516–1696. SUPPLEMENTARY INFORMATION: Pursuant to the authority delegated to the Secretary of State in the Presidential Memorandum of September 23, 2010, 75 FR 67025 (the ‘‘Delegation Memorandum’’), the Secretary has determined that the following persons have engaged in sanctionable activity described in section 5(a) of the ISA, as amended by the CISADA: Allvale Maritime Inc., Associated Shipbroking, Petrochemical Commercial Company ´ International, Petroleos de Venezuela ´ ´ S.A., Royal Oyster Group, Societe mstockstill on DSK4VPTVN1PROD with NOTICES SUMMARY: VerDate Mar<15>2010 19:00 Sep 13, 2011 Jkt 223001 ´ Anonyme Monegasque ´ D’Administration Maritime Et Aerienne, Speedy Ship, and Tanker Pacific Management (Singapore) Pte. Ltd. ´ ´ ´ Societe Anonyme Monegasque ´ D’Administration Maritime Et Aerienne and Allvale Maritime Inc. are a corporate manager and a ship owning company, respectively, for the Ofer international shipping group, referred to as the ‘‘Ofer Brothers Group’’ in a May 24, 2011 announcement from the U.S. Department of State. Pursuant to section 5(a) of the ISA and the Delegation Memorandum, the Secretary determined to impose on Allvale Maritime Inc. the following sanctions described in section 6 of the ISA: 1. Export-Import Bank assistance for exports to sanctioned persons. The Export-Import Bank of the United States shall not give approval to the issuance of any guarantee, insurance, extension of credit, or participation in the extension of credit in connection with the export of any goods or services to Allvale Maritime Inc. 2. Export sanction. The United States Government shall not issue any specific license and shall not grant any other specific permission or authority to export any goods or technology to Allvale Maritime Inc. under— a. The Export Administration Act of 1979 (50 U.S.C. Appx. 2401 et seq.); b. The Arms Export Control Act (22 U.S.C. 2751 et seq.); c. The Atomic Energy Act of 1954 (42 U.S.C. 2011 et seq.); or d. Any other statute that requires the prior review and approval of the United States Government as a condition for the export or reexport of goods or services. 3. Loans from United States financial institutions. United States financial institutions shall be prohibited from making loans or providing credits to Allvale Maritime Inc. totaling more than $10,000,000 in any 12-month period unless Allvale Maritime Inc. is engaged in activities to relieve human suffering and the loans or credits are provided for such activities. These sanctions apply with respect to Allvale Maritime Inc. and not to any subsidiary, affiliate, or shareholder thereof unless separately identified. Pursuant to section 5(a) of the ISA and the Delegation Memorandum, the Secretary determined to impose on Associated Shipbroking (a.k.a. SAM) the following sanctions described in section 6 of the ISA: 1. Foreign exchange. Any transactions in foreign exchange that are subject to the jurisdiction of the United States and in which Associated Shipbroking has any interest shall be prohibited. PO 00000 Frm 00137 Fmt 4703 Sfmt 4703 2. Banking transactions. Any transfers of credit or payments between financial institutions or by, through, or to any financial institution, to the extent that such transfers or payments are subject to the jurisdiction of the United States and involve any interest of Associated Shipbroking, shall be prohibited. 3. Property transactions. It shall be prohibited to: a. Acquire, hold, withhold, use, transfer, withdraw, transport, import, or export any property that is subject to the jurisdiction of the United States and with respect to which Associated Shipbroking has any interest; b. Deal in or exercise any right, power, or privilege with respect to such property; or c. Conduct any transaction involving such property. Based on the sanctions imposed on Associated Shipbroking, these prohibitions also apply with respect to any person in which Associated Shipbroking has an interest of fifty percent or more. Pursuant to section 5(a) of the ISA and the Delegation Memorandum, the Secretary determined to impose on Petrochemical Commercial Company International (a.k.a. PCCI) the following sanctions described in section 6 of the ISA: 1. Foreign exchange. Any transactions in foreign exchange that are subject to the jurisdiction of the United States and in which Petrochemical Commercial Company International has any interest shall be prohibited. 2. Banking transactions. Any transfers of credit or payments between financial institutions or by, through, or to any financial institution, to the extent that such transfers or payments are subject to the jurisdiction of the United States and involve any interest of Petrochemical Commercial Company International, shall be prohibited. 3. Property transactions. It shall be prohibited to: a. Acquire, hold, withhold, use, transfer, withdraw, transport, import, or export any property that is subject to the jurisdiction of the United States and with respect to which Petrochemical Commercial Company International has any interest; b. Deal in or exercise any right, power, or privilege with respect to such property; or c. Conduct any transaction involving such property. Based on the sanctions imposed on Petrochemical Commercial Company International, these prohibitions also apply with respect to any person in which Petrochemical Commercial E:\FR\FM\14SEN1.SGM 14SEN1 mstockstill on DSK4VPTVN1PROD with NOTICES Federal Register / Vol. 76, No. 178 / Wednesday, September 14, 2011 / Notices Company International has an interest of fifty percent or more. Pursuant to section 5(a) of the ISA and the Delegation Memorandum, the Secretary determined to impose on ´ Petroleos de Venezuela S.A. the following sanctions described in section 6 of the ISA: 1. Export-Import Bank assistance for exports to sanctioned persons. The Export-Import Bank of the United States shall not give approval to the issuance of any guarantee, insurance, extension of credit, or participation in the extension of credit in connection with the export of any goods or services to ´ Petroleos de Venezuela S.A. 2. Export sanction. The United States Government shall not issue any specific license and shall not grant any other specific permission or authority to export any goods or technology to ´ Petroleos de Venezuela S.A. under— a. The Export Administration Act of 1979 (50 U.S.C. Appx. 2401 et seq.); b. The Arms Export Control Act (22 U.S.C. 2751 et seq.); c. The Atomic Energy Act of 1954 (42 U.S.C. 2011 et seq.); or d. Any other statute that requires the prior review and approval of the United States Government as a condition for the export or reexport of goods or services. 3. Procurement sanction. The United States Government shall not procure, or enter into any contract for the procurement of, any goods or services ´ from Petroleos de Venezuela S.A. These sanctions apply with respect to ´ Petroleos de Venezuela S.A. and not to any subsidiary, affiliate, or shareholder thereof unless separately identified. Pursuant to section 5(a) of the ISA and the Delegation Memorandum, the Secretary determined to impose on Royal Oyster Group the following sanctions described in section 6 of the ISA: 1. Foreign exchange. Any transactions in foreign exchange that are subject to the jurisdiction of the United States and in which Royal Oyster Group has any interest shall be prohibited. 2. Banking transactions. Any transfers of credit or payments between financial institutions or by, through, or to any financial institution, to the extent that such transfers or payments are subject to the jurisdiction of the United States and involve any interest of Royal Oyster Group, shall be prohibited. 3. Property transactions. It shall be prohibited to: a. Acquire, hold, withhold, use, transfer, withdraw, transport, import, or export any property that is subject to the jurisdiction of the United States and with respect to which Royal Oyster Group has any interest; VerDate Mar<15>2010 19:00 Sep 13, 2011 Jkt 223001 b. deal in or exercise any right, power, or privilege with respect to such property; or c. conduct any transaction involving such property. Based on the sanctions imposed on Royal Oyster Group, these prohibitions also apply with respect to any person in which Royal Oyster Group has an interest of fifty percent or more. Pursuant to section 5(a) of the ISA and the Delegation Memorandum, the Secretary determined to impose on ´ ´ ´ Societe Anonyme Monegasque ´ D’Administration Maritime Et Aerienne (a.k.a. S.A.M.A.M.A., a.k.a. SAMAMA) the following sanctions described in section 6 of the ISA: 1. Export-Import Bank assistance for exports to sanctioned persons. The Export-Import Bank of the United States shall not give approval to the issuance of any guarantee, insurance, extension of credit, or participation in the extension of credit in connection with the export of any goods or services to ´ ´ ´ Societe Anonyme Monegasque ´ D’Administration Maritime Et Aerienne. 2. Export sanction. The United States Government shall not issue any specific license and shall not grant any other specific permission or authority to export any goods or technology to ´ ´ ´ Societe Anonyme Monegasque ´ D’Administration Maritime Et Aerienne under— a. The Export Administration Act of 1979 (50 U.S.C. Appx. 2401 et seq.); b. The Arms Export Control Act (22 U.S.C. 2751 et seq.); c. The Atomic Energy Act of 1954 (42 U.S.C. 2011 et seq.); or d. Any other statute that requires the prior review and approval of the United States Government as a condition for the export or reexport of goods or services. 3. Loans from United States financial institutions. United States financial institutions shall be prohibited from making loans or providing credits to ´ ´ ´ Societe Anonyme Monegasque ´ D’Administration Maritime Et Aerienne totaling more than $10,000,000 in any ´ ´ 12-month period unless Societe ´ Anonyme Monegasque ´ D’Administration Maritime Et Aerienne is engaged in activities to relieve human suffering and the loans or credits are provided for such activities. These sanctions apply with respect to ´ ´ ´ Societe Anonyme Monegasque ´ D’Administration Maritime Et Aerienne and not to any subsidiary, affiliate, or shareholder thereof unless separately identified. Pursuant to section 5(a) of the ISA and the Delegation Memorandum, the Secretary determined to impose on Speedy Ship (a.k.a SPD) the following PO 00000 Frm 00138 Fmt 4703 Sfmt 4703 56867 sanctions described in section 6 of the ISA: 1. Foreign exchange. Any transactions in foreign exchange that are subject to the jurisdiction of the United States and in which Speedy Ship has any interest shall be prohibited. 2. Banking transactions. Any transfers of credit or payments between financial institutions or by, through, or to any financial institution, to the extent that such transfers or payments are subject to the jurisdiction of the United States and involve any interest of Speedy Ship, shall be prohibited. 3. Property transactions. It shall be prohibited to: a. Acquire, hold, withhold, use, transfer, withdraw, transport, import, or export any property that is subject to the jurisdiction of the United States and with respect to which Speedy Ship has any interest; b. deal in or exercise any right, power, or privilege with respect to such property; or c. conduct any transaction involving such property. Based on the sanctions imposed on Speedy Ship, these prohibitions also apply with respect to any person in which Speedy Ship has an interest of fifty percent or more. Pursuant to section 5(a) of the ISA and the Delegation Memorandum, the Secretary determined to impose on Tanker Pacific Management (Singapore) Pte. Ltd. the following sanctions described in section 6 of the ISA: 1. Export-Import Bank assistance for exports to sanctioned persons. The Export-Import Bank of the United States shall not give approval to the issuance of any guarantee, insurance, extension of credit, or participation in the extension of credit in connection with the export of any goods or services to Tanker Pacific Management (Singapore) Pte. Ltd. 2. Export sanction. The United States Government shall not issue any specific license and shall not grant any other specific permission or authority to export any goods or technology to Tanker Pacific Management (Singapore) Pte. Ltd. under— a. The Export Administration Act of 1979 (50 U.S.C. Appx. 2401 et seq.); b. The Arms Export Control Act (22 U.S.C. 2751 et seq.); c. The Atomic Energy Act of 1954 (42 U.S.C. 2011 et seq.); or d. Any other statute that requires the prior review and approval of the United States Government as a condition for the export or reexport of goods or services. 3. Loans from United States financial institutions. United States financial institutions shall be prohibited from E:\FR\FM\14SEN1.SGM 14SEN1 56868 Federal Register / Vol. 76, No. 178 / Wednesday, September 14, 2011 / Notices mstockstill on DSK4VPTVN1PROD with NOTICES making loans or providing credits to Tanker Pacific Management (Singapore) Pte. Ltd. totaling more than $10,000,000 in any 12-month period unless Tanker Pacific Management (Singapore) Pte. Ltd. is engaged in activities to relieve human suffering and the loans or credits are provided for such activities. These sanctions apply with respect to Tanker Pacific Management (Singapore) Pte. Ltd. and not to any subsidiary, affiliate, or shareholder thereof unless separately identified. The sanctions described above with respect to each of the persons listed shall remain in effect until otherwise directed pursuant to the provisions of the ISA or other applicable authority. Pursuant to the authority delegated to the Secretary of State in the Delegation Memorandum, relevant agencies and instrumentalities of the United States Government shall take all appropriate measures within their authority to carry out the provisions of this notice. The Secretary of the Treasury is taking appropriate action to implement the sanctions for which authority has been delegated to the Secretary of the Treasury pursuant to the Delegation Memorandum and Executive Order 13574 of May 23, 2011. The following constitutes a current, as of this date, list of persons on whom sanctions are imposed under the ISA. The particular sanctions imposed on an individual company are identified in the relevant Federal Register Notice. —Allvale Maritime Inc.; —Associated Shipbroking (a.k.a. SAM); —Belarusneft (see Public Notice 7408, 76 FR 18821, April 5, 2011); —Naftiran Intertrade Company (see Public Notice 7197, 75 Fed. Reg. 62916, Oct. 13, 2010). —Petrochemical Commercial Company International (a.k.a. PCCI); ´ —Petroleos de Venezuela S.A.; —Royal Oyster Group; ´ ´ ´ —Societe Anonyme Monegasque D’Administration Maritime Et ´ Aerienne (a.k.a. S.A.M.A.M.A., a.k.a. SAMAMA); —Speedy Ship (a.k.a. SPD); —Tanker Pacific Management (Singapore) Pte. Ltd. Dated: September 6, 2011. Jose Fernandez, Assistant Secretary of State for Economic, Energy and Business Affairs. [FR Doc. 2011–23541 Filed 9–13–11; 8:45 am] BILLING CODE 4710–07–P VerDate Mar<15>2010 19:00 Sep 13, 2011 Jkt 223001 DEPARTMENT OF TRANSPORTATION Federal Aviation Administration Notice of Submission Deadline for Schedule Information for O’Hare International Airport, John F. Kennedy International Airport, and Newark Liberty International Airport for the Summer 2012 Scheduling Season Department of Transportation, Federal Aviation Administration (FAA). ACTION: Notice of submission deadline. AGENCY: Under this notice, the FAA announces the submission deadline of October 13, 2011, for Summer 2012 flight schedules at Chicago’s O’Hare International Airport (ORD), New York’s John F. Kennedy International Airport (JFK), and Newark Liberty International Airport (EWR) in accordance with the International Air Transport Association (IATA) Worldwide Slot Guidelines. The deadline coincides with the schedule submission deadline for the IATA Schedules Conference for the Summer 2012 scheduling season. SUPPLEMENTARY INFORMATION: The FAA has designated ORD as an IATA Level 2 airport, JFK as a Level 3 airport, and EWR as a Level 3 airport. Scheduled operations at JFK and EWR are currently limited by FAA Orders until a final Congestion Management Rule for LaGuardia Airport, John F. Kennedy International Airport, and Newark Liberty International Airport (RIN 2120– AJ89) becomes effective but not later than October 26, 2013.1 The FAA is primarily concerned about planned passenger and cargo operations during peak hours, but carriers may submit schedule plans for the entire day. At ORD, the peak hours are 0700 to 2100 Central Time (1200– 0200 UTC) and at EWR and JFK from 0600 to 2300 Eastern Time (1000–0300 UTC). Carriers should submit schedule information in sufficient detail including, at minimum, the operating carrier, flight number, scheduled time of operation, frequency, and effective dates. IATA standard schedule information format and data elements (Standard Schedules Information Manual) may be used. The U.S. summer scheduling season for these airports is from March 25, 2012, through October 27, 2012, in recognition of the IATA scheduling season dates. The FAA understands SUMMARY: 1 Operating Limitations at John F. Kennedy International Airport, 73 FR 3510 (Jan. 18, 2008) as amended 76 FR 18620 (Apr. 4, 2011); Operating Limitations at Newark Liberty International Airport, 73 FR 29550 (May 21, 2008) as amended 76 FR 18618 (Apr. 4, 2011). PO 00000 Frm 00139 Fmt 4703 Sfmt 4703 there may be differences in schedule times due to different U.S. daylight saving time dates, and the FAA will accommodate these to the extent possible. DATES: Schedules must be submitted no later than October 13, 2011. ADDRESSES: Schedules may be submitted by mail to the Slot Administration Office, AGC–200, Office of the Chief Counsel, 800 Independence Ave., SW., Washington, DC 20591; facsimile: 202–267–7277; or by e-mail to: 7-AWA-slotadmin@faa.gov. FOR FURTHER INFORMATION CONTACT: Robert Hawks, Office of the Chief Counsel, Federal Aviation Administration, 800 Independence Avenue, SW., Washington, DC 20591; telephone number: 202–267–7143; fax number: 202–267–7971; e-mail: rob.hawks@faa.gov. Issued in Washington, DC, on September 9, 2011. Rebecca B. MacPherson, Assistant Chief Counsel for Regulations. [FR Doc. 2011–23514 Filed 9–13–11; 8:45 am] BILLING CODE 4910–13–P DEPARTMENT OF TRANSPORTATION Federal Motor Carrier Safety Administration [Docket No FMCSA–2011–0097] Pilot Project on NAFTA Trucking Provisions Federal Motor Carrier Safety Administration (FMCSA). ACTION: Notice; request for public comment. AGENCY: FMCSA announces and requests public comment on data and information concerning the PreAuthorization Safety Audits (PASAs) for motor carriers that have applied to participate in the Agency’s long-haul pilot program to test and demonstrate the ability of Mexico-domiciled motor carriers to operate safely in the United States beyond the municipalities in the United States on the United StatesMexico international border or the commercial zones of such municipalities. This action is required by the ‘‘U.S. Troop Readiness, Veterans’ Care, Katrina Recovery, and Iraq Accountability Appropriations Act, 2007’’ and all subsequent appropriations. SUMMARY: Comments must be received on or before September 26, 2011. ADDRESSES: You may submit comments identified by FDMS Docket Number DATES: E:\FR\FM\14SEN1.SGM 14SEN1

Agencies

[Federal Register Volume 76, Number 178 (Wednesday, September 14, 2011)]
[Notices]
[Pages 56866-56868]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-23541]



[[Page 56866]]

-----------------------------------------------------------------------

DEPARTMENT OF STATE

[Public Notice 7585]


Bureau of Economic, Energy and Business Affairs; Persons on Whom 
Sanctions Have Been Imposed Under the Iran Sanctions Act of 1996

AGENCY: Department of State.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: The Secretary of State has determined that the following 
persons have engaged in sanctionable activity described in section 5(a) 
of the Iran Sanctions Act of 1996 (Pub. L. 104-172) (50 U.S.C. 1701 
note) (``ISA''), as amended by the Comprehensive Iran Sanctions, 
Accountability, and Divestment Act of 2010 (Pub. L. 111-195) 
(``CISADA''), and that certain sanctions should be imposed as a result: 
Allvale Maritime Inc., Associated Shipbroking, Petrochemical Commercial 
Company International, Petr[oacute]leos de Venezuela S.A., Royal Oyster 
Group, Soci[eacute]t[eacute] Anonyme Mon[eacute]gasque D'Administration 
Maritime Et A[eacute]rienne, Speedy Ship, and Tanker Pacific Management 
(Singapore) Pte. Ltd.

DATES: Effective Date: The sanctions on Associated Shipbroking, 
Petrochemical Commercial Company International, Petr[oacute]leos de 
Venezuela S.A., Royal Oyster Group, Speedy Ship, and Tanker Pacific 
Management (Singapore) Pte. Ltd. are effective May 24, 2011. The 
sanctions on Allvale Maritime Inc. and Soci[eacute]t[eacute] Anonyme 
Mon[eacute]gasque D'Administration Maritime Et A[eacute]rienne, a 
clarification of the sanctions announced for ``Ofer Brothers Group'' in 
a May 24, 2011 announcement from the Department of State, are effective 
August 26, 2011.

FOR FURTHER INFORMATION CONTACT: On general issues: Norman Galimba, 
Office of Terrorism Finance and Economic Sanctions Policy, Department 
of State, Telephone: (202) 647-9183. For U.S. Government procurement 
ban issues: Daniel Walt, Office of the Procurement Executive, 
Department of State, Telephone: (703) 516-1696.

SUPPLEMENTARY INFORMATION: Pursuant to the authority delegated to the 
Secretary of State in the Presidential Memorandum of September 23, 
2010, 75 FR 67025 (the ``Delegation Memorandum''), the Secretary has 
determined that the following persons have engaged in sanctionable 
activity described in section 5(a) of the ISA, as amended by the 
CISADA: Allvale Maritime Inc., Associated Shipbroking, Petrochemical 
Commercial Company International, Petr[oacute]leos de Venezuela S.A., 
Royal Oyster Group, Soci[eacute]t[eacute] Anonyme Mon[eacute]gasque 
D'Administration Maritime Et A[eacute]rienne, Speedy Ship, and Tanker 
Pacific Management (Singapore) Pte. Ltd. Soci[eacute]t[eacute] Anonyme 
Mon[eacute]gasque D'Administration Maritime Et A[eacute]rienne and 
Allvale Maritime Inc. are a corporate manager and a ship owning 
company, respectively, for the Ofer international shipping group, 
referred to as the ``Ofer Brothers Group'' in a May 24, 2011 
announcement from the U.S. Department of State.
    Pursuant to section 5(a) of the ISA and the Delegation Memorandum, 
the Secretary determined to impose on Allvale Maritime Inc. the 
following sanctions described in section 6 of the ISA:
    1. Export-Import Bank assistance for exports to sanctioned persons. 
The Export-Import Bank of the United States shall not give approval to 
the issuance of any guarantee, insurance, extension of credit, or 
participation in the extension of credit in connection with the export 
of any goods or services to Allvale Maritime Inc.
    2. Export sanction. The United States Government shall not issue 
any specific license and shall not grant any other specific permission 
or authority to export any goods or technology to Allvale Maritime Inc. 
under--
    a. The Export Administration Act of 1979 (50 U.S.C. Appx. 2401 et 
seq.);
    b. The Arms Export Control Act (22 U.S.C. 2751 et seq.);
    c. The Atomic Energy Act of 1954 (42 U.S.C. 2011 et seq.); or
    d. Any other statute that requires the prior review and approval of 
the United States Government as a condition for the export or reexport 
of goods or services.
    3. Loans from United States financial institutions. United States 
financial institutions shall be prohibited from making loans or 
providing credits to Allvale Maritime Inc. totaling more than 
$10,000,000 in any 12-month period unless Allvale Maritime Inc. is 
engaged in activities to relieve human suffering and the loans or 
credits are provided for such activities.
    These sanctions apply with respect to Allvale Maritime Inc. and not 
to any subsidiary, affiliate, or shareholder thereof unless separately 
identified.
    Pursuant to section 5(a) of the ISA and the Delegation Memorandum, 
the Secretary determined to impose on Associated Shipbroking (a.k.a. 
SAM) the following sanctions described in section 6 of the ISA:
    1. Foreign exchange. Any transactions in foreign exchange that are 
subject to the jurisdiction of the United States and in which 
Associated Shipbroking has any interest shall be prohibited.
    2. Banking transactions. Any transfers of credit or payments 
between financial institutions or by, through, or to any financial 
institution, to the extent that such transfers or payments are subject 
to the jurisdiction of the United States and involve any interest of 
Associated Shipbroking, shall be prohibited.
    3. Property transactions. It shall be prohibited to:
    a. Acquire, hold, withhold, use, transfer, withdraw, transport, 
import, or export any property that is subject to the jurisdiction of 
the United States and with respect to which Associated Shipbroking has 
any interest;
    b. Deal in or exercise any right, power, or privilege with respect 
to such property; or
    c. Conduct any transaction involving such property.
    Based on the sanctions imposed on Associated Shipbroking, these 
prohibitions also apply with respect to any person in which Associated 
Shipbroking has an interest of fifty percent or more.
    Pursuant to section 5(a) of the ISA and the Delegation Memorandum, 
the Secretary determined to impose on Petrochemical Commercial Company 
International (a.k.a. PCCI) the following sanctions described in 
section 6 of the ISA:
    1. Foreign exchange. Any transactions in foreign exchange that are 
subject to the jurisdiction of the United States and in which 
Petrochemical Commercial Company International has any interest shall 
be prohibited.
    2. Banking transactions. Any transfers of credit or payments 
between financial institutions or by, through, or to any financial 
institution, to the extent that such transfers or payments are subject 
to the jurisdiction of the United States and involve any interest of 
Petrochemical Commercial Company International, shall be prohibited.
    3. Property transactions. It shall be prohibited to:
    a. Acquire, hold, withhold, use, transfer, withdraw, transport, 
import, or export any property that is subject to the jurisdiction of 
the United States and with respect to which Petrochemical Commercial 
Company International has any interest;
    b. Deal in or exercise any right, power, or privilege with respect 
to such property; or
    c. Conduct any transaction involving such property.
    Based on the sanctions imposed on Petrochemical Commercial Company 
International, these prohibitions also apply with respect to any person 
in which Petrochemical Commercial

[[Page 56867]]

Company International has an interest of fifty percent or more.
    Pursuant to section 5(a) of the ISA and the Delegation Memorandum, 
the Secretary determined to impose on Petr[oacute]leos de Venezuela 
S.A. the following sanctions described in section 6 of the ISA:
    1. Export-Import Bank assistance for exports to sanctioned persons. 
The Export-Import Bank of the United States shall not give approval to 
the issuance of any guarantee, insurance, extension of credit, or 
participation in the extension of credit in connection with the export 
of any goods or services to Petr[oacute]leos de Venezuela S.A.
    2. Export sanction. The United States Government shall not issue 
any specific license and shall not grant any other specific permission 
or authority to export any goods or technology to Petr[oacute]leos de 
Venezuela S.A. under--
    a. The Export Administration Act of 1979 (50 U.S.C. Appx. 2401 et 
seq.);
    b. The Arms Export Control Act (22 U.S.C. 2751 et seq.);
    c. The Atomic Energy Act of 1954 (42 U.S.C. 2011 et seq.); or
    d. Any other statute that requires the prior review and approval of 
the United States Government as a condition for the export or reexport 
of goods or services.
    3. Procurement sanction. The United States Government shall not 
procure, or enter into any contract for the procurement of, any goods 
or services from Petr[oacute]leos de Venezuela S.A.
    These sanctions apply with respect to Petr[oacute]leos de Venezuela 
S.A. and not to any subsidiary, affiliate, or shareholder thereof 
unless separately identified.
    Pursuant to section 5(a) of the ISA and the Delegation Memorandum, 
the Secretary determined to impose on Royal Oyster Group the following 
sanctions described in section 6 of the ISA:
    1. Foreign exchange. Any transactions in foreign exchange that are 
subject to the jurisdiction of the United States and in which Royal 
Oyster Group has any interest shall be prohibited.
    2. Banking transactions. Any transfers of credit or payments 
between financial institutions or by, through, or to any financial 
institution, to the extent that such transfers or payments are subject 
to the jurisdiction of the United States and involve any interest of 
Royal Oyster Group, shall be prohibited.
    3. Property transactions. It shall be prohibited to:
    a. Acquire, hold, withhold, use, transfer, withdraw, transport, 
import, or export any property that is subject to the jurisdiction of 
the United States and with respect to which Royal Oyster Group has any 
interest;
    b. deal in or exercise any right, power, or privilege with respect 
to such property; or
    c. conduct any transaction involving such property.
    Based on the sanctions imposed on Royal Oyster Group, these 
prohibitions also apply with respect to any person in which Royal 
Oyster Group has an interest of fifty percent or more.
    Pursuant to section 5(a) of the ISA and the Delegation Memorandum, 
the Secretary determined to impose on Soci[eacute]t[eacute] Anonyme 
Mon[eacute]gasque D'Administration Maritime Et A[eacute]rienne (a.k.a. 
S.A.M.A.M.A., a.k.a. SAMAMA) the following sanctions described in 
section 6 of the ISA:
    1. Export-Import Bank assistance for exports to sanctioned persons. 
The Export-Import Bank of the United States shall not give approval to 
the issuance of any guarantee, insurance, extension of credit, or 
participation in the extension of credit in connection with the export 
of any goods or services to Soci[eacute]t[eacute] Anonyme 
Mon[eacute]gasque D'Administration Maritime Et A[eacute]rienne.
    2. Export sanction. The United States Government shall not issue 
any specific license and shall not grant any other specific permission 
or authority to export any goods or technology to Soci[eacute]t[eacute] 
Anonyme Mon[eacute]gasque D'Administration Maritime Et A[eacute]rienne 
under--
    a. The Export Administration Act of 1979 (50 U.S.C. Appx. 2401 et 
seq.);
    b. The Arms Export Control Act (22 U.S.C. 2751 et seq.);
    c. The Atomic Energy Act of 1954 (42 U.S.C. 2011 et seq.); or
    d. Any other statute that requires the prior review and approval of 
the United States Government as a condition for the export or reexport 
of goods or services.
    3. Loans from United States financial institutions. United States 
financial institutions shall be prohibited from making loans or 
providing credits to Soci[eacute]t[eacute] Anonyme Mon[eacute]gasque 
D'Administration Maritime Et A[eacute]rienne totaling more than 
$10,000,000 in any 12-month period unless Soci[eacute]t[eacute] Anonyme 
Mon[eacute]gasque D'Administration Maritime Et A[eacute]rienne is 
engaged in activities to relieve human suffering and the loans or 
credits are provided for such activities.
    These sanctions apply with respect to Soci[eacute]t[eacute] Anonyme 
Mon[eacute]gasque D'Administration Maritime Et A[eacute]rienne and not 
to any subsidiary, affiliate, or shareholder thereof unless separately 
identified.
    Pursuant to section 5(a) of the ISA and the Delegation Memorandum, 
the Secretary determined to impose on Speedy Ship (a.k.a SPD) the 
following sanctions described in section 6 of the ISA:
    1. Foreign exchange. Any transactions in foreign exchange that are 
subject to the jurisdiction of the United States and in which Speedy 
Ship has any interest shall be prohibited.
    2. Banking transactions. Any transfers of credit or payments 
between financial institutions or by, through, or to any financial 
institution, to the extent that such transfers or payments are subject 
to the jurisdiction of the United States and involve any interest of 
Speedy Ship, shall be prohibited.
    3. Property transactions. It shall be prohibited to:
    a. Acquire, hold, withhold, use, transfer, withdraw, transport, 
import, or export any property that is subject to the jurisdiction of 
the United States and with respect to which Speedy Ship has any 
interest;
    b. deal in or exercise any right, power, or privilege with respect 
to such property; or
    c. conduct any transaction involving such property.
    Based on the sanctions imposed on Speedy Ship, these prohibitions 
also apply with respect to any person in which Speedy Ship has an 
interest of fifty percent or more.
    Pursuant to section 5(a) of the ISA and the Delegation Memorandum, 
the Secretary determined to impose on Tanker Pacific Management 
(Singapore) Pte. Ltd. the following sanctions described in section 6 of 
the ISA:
    1. Export-Import Bank assistance for exports to sanctioned persons. 
The Export-Import Bank of the United States shall not give approval to 
the issuance of any guarantee, insurance, extension of credit, or 
participation in the extension of credit in connection with the export 
of any goods or services to Tanker Pacific Management (Singapore) Pte. 
Ltd.
    2. Export sanction. The United States Government shall not issue 
any specific license and shall not grant any other specific permission 
or authority to export any goods or technology to Tanker Pacific 
Management (Singapore) Pte. Ltd. under--
    a. The Export Administration Act of 1979 (50 U.S.C. Appx. 2401 et 
seq.);
    b. The Arms Export Control Act (22 U.S.C. 2751 et seq.);
    c. The Atomic Energy Act of 1954 (42 U.S.C. 2011 et seq.); or
    d. Any other statute that requires the prior review and approval of 
the United States Government as a condition for the export or reexport 
of goods or services.
    3. Loans from United States financial institutions. United States 
financial institutions shall be prohibited from

[[Page 56868]]

making loans or providing credits to Tanker Pacific Management 
(Singapore) Pte. Ltd. totaling more than $10,000,000 in any 12-month 
period unless Tanker Pacific Management (Singapore) Pte. Ltd. is 
engaged in activities to relieve human suffering and the loans or 
credits are provided for such activities.
    These sanctions apply with respect to Tanker Pacific Management 
(Singapore) Pte. Ltd. and not to any subsidiary, affiliate, or 
shareholder thereof unless separately identified.
    The sanctions described above with respect to each of the persons 
listed shall remain in effect until otherwise directed pursuant to the 
provisions of the ISA or other applicable authority. Pursuant to the 
authority delegated to the Secretary of State in the Delegation 
Memorandum, relevant agencies and instrumentalities of the United 
States Government shall take all appropriate measures within their 
authority to carry out the provisions of this notice. The Secretary of 
the Treasury is taking appropriate action to implement the sanctions 
for which authority has been delegated to the Secretary of the Treasury 
pursuant to the Delegation Memorandum and Executive Order 13574 of May 
23, 2011.
    The following constitutes a current, as of this date, list of 
persons on whom sanctions are imposed under the ISA. The particular 
sanctions imposed on an individual company are identified in the 
relevant Federal Register Notice.

--Allvale Maritime Inc.;
--Associated Shipbroking (a.k.a. SAM);
--Belarusneft (see Public Notice 7408, 76 FR 18821, April 5, 2011);
--Naftiran Intertrade Company (see Public Notice 7197, 75 Fed. Reg. 
62916, Oct. 13, 2010).
--Petrochemical Commercial Company International (a.k.a. PCCI);
--Petr[oacute]leos de Venezuela S.A.;
--Royal Oyster Group;
--Soci[eacute]t[eacute] Anonyme Mon[eacute]gasque D'Administration 
Maritime Et A[eacute]rienne (a.k.a. S.A.M.A.M.A., a.k.a. SAMAMA);
--Speedy Ship (a.k.a. SPD);
--Tanker Pacific Management (Singapore) Pte. Ltd.

    Dated: September 6, 2011.
Jose Fernandez,
Assistant Secretary of State for Economic, Energy and Business Affairs.
[FR Doc. 2011-23541 Filed 9-13-11; 8:45 am]
BILLING CODE 4710-07-P