The Department of Shipping, under the Ministry of Shipping, has urged all maritime stakeholders to strictly adhere to international and national regulations regarding sanctioned vessels and cargoes.

The circular comes a day after the Business Standard published an investigative report titled ‘How cheaper LPG imports from sanctioned Iran are shaking the market’.

The report reveals that some operators in Bangladesh are importing liquefied petroleum gas (LPG) from Iran, a sanctioned country, using fake documents.

According to the circular, signed by Director General of Shipping Commodore Mohammad Maksud Alam, all entities operating in Bangladeshi waters and ports are prohibited from engaging with vessels under sanctions imposed by the United Nations, the United States, the European Union or other relevant bodies. national or international authorities.

It warns that vessels involved in trade with sanctioned countries or entities pose serious risks to national security and could damage the reputation of Bangladesh’s maritime sector.

The directive also prohibits the loading, unloading, transit or storage of sanctioned goods within the territory of Bangladesh. This includes goods subject to trade restrictions or embargoes due to international sanctions.

The circular also warns that any violation of these rules will result in heavy penalties, including fines, suspension of operating licenses and possible criminal prosecution.

The Department of Shipping urged all stakeholders to remain vigilant and report any suspicious activity involving vessels or cargo linked to sanctioned entities or countries.

He emphasized cooperation among all parties to safeguard the security and reputation of Bangladesh’s maritime operations.

“Maritime operators are expected to strictly adhere to these guidelines as any lapse will not be tolerated. Stakeholders may contact the maritime department for clarification or additional information,” the circular said.