UANI Calls on Bureau Veritas to Comply with Sanctions

[Boingo-boingo]

http://www.marketwatch.com/story/uan...ers-2012-06-04

An excerpt

Of particular concern to UANI is that Bureau Veritas appears to be quite comfortable filling the void left after the above-mentioned shipping certification providers made the responsible decision to withdraw from Iran. As a result, Bureau Veritas now provides certification to at least a dozen IRISL vessels. As for a few specific examples, Bureau Veritas assumed certification responsibilities for the ISI Olive after DNV withdrew its services in March of this year. Similarly, Bureau Veritas picked up certification services for the IRISL vessel Benita (formerly the Palmary), after Lloyd's Register withdrew its services. ...

Bureau Veritas's Iran business activities with IRISL also violate EU sanctions imposed in response to IRISL's direct support of Iran's ballistic missile and nuclear programs. Moreover, Bureau Veritas undermines the efficacy of the EU embargo on Iranian crude oil by providing certification services to the regime's primary oil shipper, the NITC. Available data indicates that Bureau Veritas currently provides certification services for eleven of NITC's 39 tanker vessels. Prior to March, DNV provided certification services for these same vessels. Bureau Veritas's certification and inspections to NITC vessels and other Iranian crude oil tankers represent "ancillary contracts" necessary for the execution of the Iran's global oil trade. Such contracts will represent a violation of EU law when the EU embargo on Iranian crude oil goes into effect on July 1, 2012. Arguably, Bureau Veritas should be held accountable to withdraw certification services to any vessel worldwide that lifts Iranian crude, just as European insurance and reinsurance providers will no longer be able to cover vessels transporting Iranian oil