FinCEN BOI Sentinel
2 of 7 entities are reporting companies under the March 2025 interim final rule, with 4 beneficial owners to report and 1 to review: 2 filings overdue.
Effective ownership in Cedar Bay Logistics Ltd: 30% x 50% via Northgate Maritime Holdings BV + 20% directly = 35.00%, at or above the 25% threshold. Citizenship India is not US, so Priya Menon is reported.
Method1Effective ownership: each chain is the product of the percents along it, and an individual's interest is the sum across every chain (31 CFR 1010.380(d)(2)). Circular holdings are rejected.
2Beneficial owner: 25% or more effective ownership, or substantial control under 1010.380(d)(1): senior officer (president, CEO, CFO, COO, general counsel or similar), authority to appoint or remove senior officers or a board majority, or substantial influence over important decisions.
| Reporting company | Individual | Citizenship |
|---|---|---|
| Cedar Bay Logistics Ltd | Priya Menon | India |
| Cedar Bay Logistics Ltd | Ingrid Solberg | Norway |
| Cedar Bay Logistics Ltd | Kenji Arakawa | Japan |
Entity ownership table (owner, owned entity, percent) and control roles
Beneficial owner list with effective ownership and a BOI filing payload (BOI filing payload (structured data, not an official schema), Beneficial owners (CSV), Entity determinations (CSV))
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