OFAC sanctions vessels and owners asserting they have provided support to The Houthis
On Monday 28 April, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) targeted three vessels and their owners for providing support to Ansarallah, commonly known as the Houthis. Not only do the Houthis continue to pose a threat to freedom of navigation and the safety of innocent seafarers, OFAC also asserts that ‘the Houthis profit from the shipment of goods through ports they control, profiting, in particular, from the discharge of refined petroleum products.’
Deputy Secretary of the Treasury Michael Faulkender stated:
“Today’s action underscores our commitment to disrupt the Houthis’ efforts to fund their dangerous and destabilizing attacks in the region… Treasury will continue to leverage our tools and authorities to target those who seek to enable the Houthis’ ability to exploit the people of Yemen and continue their campaign of violence.”
A link to the relevant press release and information on the designated entities and vessels can be found here.