Original case file
ENHANCED DUE DILIGENCE — CLOSING MEMORANDUM
Subject: Harborline Logistics LLC
Formation: Delaware limited liability company, incorporated 4 March 2024.
Principal place of business: 210 Dock Street, Suite 6, Wilmington, DE 19801.
Registered agent: First State Agents LLC, 3500 South Dupont Highway, Dover, DE 19901.
Beneficial ownership: Gregor Halvorsen (100%, contact 302-555-0117). Norwegian national with
US permanent residency; documents verified, no sanctions or PEP match, no adverse media.
Business activity: Ocean freight forwarding and customs brokerage, principally on the
North Europe–US East Coast lane. Licensed OTI; FMC bond on file.
Expected activity: 15-30 monthly client receipts averaging $11,500, with corresponding
carrier and customs disbursements. Observed activity is consistent with the stated model.
The entity's client concentration is moderate; the top three clients represent 44% of volume.
Analyst note: Entity is newly formed, but the principal has a documented fifteen-year career
at two established forwarders, corroborated by reference letters.
Disposition: CLEARED. Enhanced monitoring for the first 12 months given entity age.