Search for ships currently entered in the London P&I Club by their name or I M O number Search Search for correspondents in our global network by country/area or port/city Search Further restrictions on trading with Iran and Libya 28 June 2011 Last week, the US added Tidewater Middle East Co to its list of designated entities.  Tidewater Middle East Co is a port operating company in Iran and is reportedly owned by sanctioned entities including Mehr Bank and the Iranian Revolutionary Guard.  Tidewater Middle East Co is not connected with Tidewater Inc, a well know provider of off shore services. According to the US Department of Treasury, Tidewater Middle East Co operates in the following ports: Bandar Abbas (Shahid Rajaee Container Terminal) Bandar Imman Khomeini Grain Terminal Bandar Anzali Khorramsar Port (one terminal) Assaluyeh Port Aprin Port Amir Abad Port Complex Members who qualify as US nationals are directly bound by the new restrictions imposed by the US. Furthermore, Members who do not qualify as US nationals, also appear to be affected by these developments since the entities who reportedly own Tidewater Middle East Co also appear on the EU list of sanctioned entities.  Under the EU sanctions regime, Members subject to EU jurisdiction are prevented from providing funds or other economic resources to companies who are “controlled or owned” by sanctioned entities.  Accordingly, Members subject to EU jurisdiction will in practice be unable to make payments to Tidewater Middle East Co. It also follows that the Association is unlikely to be able to assist with the payment of claims or with the provision of security directly or indirectly for the benefit of Tidewater Middle East Co, for example in connection with damage to the port facilities owned by Tide Water Middle East Co. Further details can be found at: http://www.treasury.gov/press-center/press-releases/Pages/tgg.aspx http://ofacsdnlistremoval.files.wordpress.com/2011/06/f