Loss Prevention Advice
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On April 28, 2026, the U.S. Office of Foreign Assets Control (“OFAC”) published FAQ 1249 regarding sanctions risks associated with “toll” payments to Iran for safe passage through the strait of Hormuz. Additionally, on April 28, 2026, OFAC published a sanctions Alert titled “Sanctions Risk of Dealing with Teapot Oil Refineries.” OFAC FAQ 1249 The FAQ makes clear that payments to the Government of Iran or the Islamic Revolutionary Guard Corps (IRGC), directly or indirectly, for safe passage through the Strait of Hormuz would not be authorized for U.S. persons, including financial institutions, or for U.S.-owned or controlled foreign entities. Such payments would also create significant sanctions exposure for non-U.S. persons.
Specifically, foreign financial institutions and other non-U.S. person’s risk exposure to sanctions for engaging in certain transactions or activities involving designated or otherwise blocked persons.
This includes the Government of Iran and the IRGC, which is sanctioned pursuant to several authorities, including non-proliferation and counterterrorism sanctions authorities, and is designated as a Foreign Terrorist Organization.
Full advisory at the following link.
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A merchant vessel transiting southbound through the Somali Basin was approached by a single skiff, approximately 470 nautical miles off Somalia, east-northeast of Mogadishu.
As explained, the skiff, carrying an estimated 6–7 persons dressed in black clothing, approached from the vessel’s bow. Those onboard were observed carrying equipment assessed as suitable for boarding or climbing.
In response, the vessel’s armed security team implemented established onboard protocols, deploying externally and visibly displaying their weapons as a deterrent. Following this action, the skiff discontinued its approach and withdrew, reportedly heading back toward a suspected mothership located approximately 1.2 nautical miles from the vessel.
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A lesson learned from an incident where a crew member was working in the moonpool area when they lost balance and fell in.
What happened?
A crew member was working in the moonpool area when they lost balance and leaned against a removable railing section intended to act as a primary safety barrier. The railing post failed, causing the gate to swing inward toward the moonpool. They fell into the moonpool but managed to grab hold of the guidewire, preventing an uncontrolled fall into the sea. They gradually slid down the guidewire until reaching the guidewire weight, at water level inside the moonpool.
Co-workers intervened immediately, raised a man overboard alarm, and using a boathook pulled the crew member to safety. The crew member was recovered within 52 seconds of the initial fall. The crew member sustained a dislocated shoulder and was transported to hospital for treatment.
What went right?
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Below you will find ARC’s weekly report dated 29 April 2026, covering the period of 23 to 29 April, where the following incidents were reported:
- 1 maritime security incident in West Africa in the last 7 days
- 6 maritime security incidents in the Indian Ocean/Middle East in the last 7 days.
Full advisory at the following link.
https://britanniapandi.com/wp-content/uploads/2026/04/ARC-Weekly-Report-29.04.26.pdf