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US publishes framework for OFAC compliance

On May 2, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) published A Framework for OFAC Compliance Commitments in order to provide organizations subject to US jurisdiction, as well as foreign entities that carry out business in or with the US or US persons, or that use US-origin goods or services, with a framework on the necessary components of the sanctions compliance programs.

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Louisiana LNG terminal closer to receiving approval

Venture Global’s Plaquemines LNG export terminal in Louisiana is one step closer to receiving federal approval for construction, as US energy regulators issued a final environmental report. Namely, FERC decided that construction and operation of the project would result in some adverse environmental impacts, but those would be reduced to less-than-significant levels with proper mitigation.

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Towboat hits Eads Bridge in St. Louis

A towboat hit St. Louis' Eads Bridge on May 3, possibly because of increasing flood waters. According to USCG officials, the tugboat was damaged to its pilot house but there were no injuries. The bridge was not harmed neither. After the accident, USCG closed a part of the Mississippi to all ship traffic from mile marker 179 to 184,

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