Shipping ministry issues warning against trade with sanctioned vessels
“For this purpose, the Goods Transport Policy, 2024 will be issued by the Ministry of Shipping as soon as possible. Its proper implementation will also be ensured,” he said
The Department of Shipping, under the Ministry of Shipping, has issued a stern warning to all maritime stakeholders in the country, prohibiting any engagement with vessels or cargoes subject to international sanctions.
The directive comes in response to an investigative report by The Business Standard published on Monday that highlighted the illegal importation of Liquefied Petroleum Gas (LPG) from Iran, a sanctioned country, using fraudulent documents, according to a circular issued today (15 October).
According to the circular, signed by the director general of shipping, Commodore Mohammad Maksud Alam, the department has outlined strict guidelines for all entities operating within Bangladesh's waters and ports.
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Vessels under sanctions imposed by the United Nations, the United States, the European Union, or other relevant authorities are strictly prohibited from engaging in any activities within the country's jurisdiction, it said.
The department warned that such vessels pose significant risks to national security and could tarnish the reputation of Bangladesh's maritime sector.
It also said loading, unloading, transit, or storage of sanctioned cargo within Bangladesh's jurisdiction are not permitted. This includes goods subject to trade restrictions or embargoes due to international sanctions, said the department.
It warned that any violation of these rules will result in severe penalties, including fines, suspension of operating licences, and possible criminal charges. The Bangladesh Maritime Authorities will intensify monitoring and inspections to ensure full compliance.
The department urged all stakeholders to remain vigilant and report any suspicious activities involving vessels or cargo connected to sanctioned entities or countries. It emphasised the importance of cooperation among all parties to safeguard the security and reputation of Bangladesh's maritime operations.
"Maritime operators are expected to adhere strictly to these directives, as any failure to comply will not be tolerated. Stakeholders can contact the Shipping Department for further clarification or additional information," the circular concludes.
