National Marine Consultants OFAC Settlement: $42.1K

Last updated: July 20, 2026

National Marine Consultants, Inc. ("NMCI") settled allegations of violations of the Iranian Transactions Regulations, remitting $42,075.00 to resolve the matter. OFAC alleged that NMCI outsourced to an Iranian entity inspection services it was contractually bound to perform for a third-party, without an OFAC license. The violations occurred between March 2005 and May 2007. NMCI cooperated with OFAC's investigation but did not voluntarily disclose the matter to OFAC.

Penalty Amount

$42,075.00

Enforcement Date

June 30, 2009

Rank in Top Penalties

#314

Case Details

Type:: Entity
Name:: National Marine Consultants, Inc.
Industry:: Consulting
Penalty amount:: $42,075.00
Egregious case:: Unknown
Voluntary self disclosure:: No
Case:: Settlement
Violation period:: March 2005 to May 2007
Program:: Iranian Transactions Regulations
Enforcement date:: June 30, 2009

Official Source Documents

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Archived on June 13, 2026

SHA-256: b1bf3d00554840aa56926d99f39f00853b4e21f7f0f8d93be113d4b3ba5c0d84