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Home Icon > About Us > News > Nordic Maritime hit with $31m American fine

Nordic Maritime hit with $31m American fine

America’s Bureau of Industry and Security (BIS) has imposed a $31.43m fine on Singapore-based Nordic Maritime and its chairman, Morten Innhaug, over the company’s use of US origin subsea survey equipment in Iranian territorial waters. In July 2011, Reflect Geophysical obtained a license from BIS to re-export subsea survey equipment controlled on national security and …

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America’s Bureau of Industry and Security (BIS) has imposed a $31.43m fine on Singapore-based Nordic Maritime and its chairman, Morten Innhaug, over the company’s use of US origin subsea survey equipment in Iranian territorial waters. In July 2011, Reflect Geophysical obtained a license from BIS to re-export subsea survey equipment controlled on national security and …

[post_title] => Nordic Maritime hit with $31m American fine [post_excerpt] => America’s Bureau of Industry and Security (BIS) has imposed a $31.43m fine on Singapore-based Nordic Maritime and its chairman, Morten Innhaug, over the company’s use of US origin subsea survey equipment in Iranian territorial waters. In July 2011, Ref... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => nordic-maritime-hit-with-31m-american-fine [to_ping] => [pinged] => [post_modified] => 2020-08-27 05:30:24 [post_modified_gmt] => 2020-08-27 05:30:24 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=126287 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )