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U.S. Sanctions Four Shipping Companies for Venezuela Ties
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The U.S. said it would sanction four shipping companies with ties to Venezuela, as well as nine ships.
The Treasury Department’s Office of Foreign Assets Control said in a web posting on Friday that Jennifer Navigation Ltd., Large Range Ltd. and Lima Shipping Corp., all of Liberia, and PB Tankers, an Italian company, had been added to its sanctions list. The posting didn’t explain why the companies were targeted, but said the action was Venezuela-related.
