Company
Screen this subjectOaktree Capital Group LLC
Trade riskUnited States.
Summary
Oaktree Capital Group LLC (a U.S. company) recounts a 2015 seizure by the Iran Revolutionary Guard Corps. of its indirectly owned vessel the Maersk Tigris. The vessel was escorted towards the Iranian port of Bandar Abbas and seized. The company noted that, during the seizure, the ship master bought “certain necessary provisions to maintain the health, safety and/or security of the Vessel’s crew,” which generated no revenue for Oaktree. (https://www.shearman.com/Perspectives/2018/01/Dynamics-in-the-Era-Iran-Sanctions)
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