OFSI has fined a UK-based shipping logistics company £150,000 for breaching financial sanctions related to Syria. The company facilitated a payment for port services at a Syrian port controlled by a designated entity. OFSI determined that the company lacked adequate sanctions compliance procedures and failed to conduct sufficient due diligence on the transaction. The penalty, although reduced for cooperation, signals OFSI's willingness to take enforcement action against companies in the maritime sector for sanctions violations.