Designating Entities and Vessels Engaged in Iranian Petroleum or Petrochemical Products Trade

Designating Entities and Vessels Engaged in Iranian Petroleum or Petrochemical Products Trade

The Department of State is imposing sanctions today on three United Arab Emirates companies involved in the transport of Iranian petroleum or petrochemical products, under Executive Order (E.O.) 13846.

  • Sea Route Ship Management FZE is involved in the transport of Iranian petrochemical products as the commercial manager of the vessel ASTRA (IMO 9162928). Sea Route Ship Management FZE knowingly engaged in a significant transaction for the transport on the ASTRA of petrochemical products from Iran in late November 2021.  Sea Route Ship Management FZE is being designated pursuant to section 3(a)(iii) of E.O. 13846 for on or after November 5, 2018, having knowingly engaged in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petrochemical products from Iran.
  • Almanac Ship Management LLC is involved in the transport of Iranian petroleum products as the commercial manager of the vessel BERENICE PRIDE (IMO 9216559).  Almanac Ship Management LLC knowingly engaged in a significant transaction for the transport on the BERENICE PRIDE of petroleum products from Iran in late October 2022.  Almanac Ship Management LLC is being designated pursuant to section 3(a)(ii) of E.O. 13846 for on or after November 5, 2018, having knowingly engaged in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petroleum or petroleum products from Iran.
  • Al Anchor Ship Management FZE is involved in the transport of Iranian petroleum products as the commercial manager of the vessel PARINE (IMO 9257503). Al Anchor Ship Management FZE knowingly engaged in a significant transaction for the transport on the PARINE of petroleum products from Iran in late October 2022.  Al Anchor Ship Management FZE is being designated pursuant to section 3(a)(ii) of E.O. 13846 for on or after November 5, 2018, having knowingly engaged in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petroleum or petroleum products from Iran.

The Department is also identifying these 11 vessels associated with these entities as blocked property:

  • ASTRA
  • BALTIC HORIZON
  • NILE
  • YAMUNA
  • BERENICE PRIDE
  • HARMONY
  • EURO VIKING
  • EURO FORTUNE
  • ARABIAN ENERGY
  • PARINE
  • ROAD

As a result of today’s action, all property and interests in property of these targets that are in the United States, that hereafter come within the United States, or that are or hereafter come within the possession or control of any U.S. persons, including any foreign branches, are blocked and must be reported to the Department of the Treasury’s Office of Assets Control (OFAC.)  In addition, any entities that are owned, directly or indirectly, 50 percent or more by one or more blocked persons are also blocked.  OFAC’s regulations generally prohibit all dealings by U.S. persons or within the United States (including transactions transiting the United States) that involve any property or interests in property of blocked or designated persons.

Petitions for removal from the Specially Designated Nationals and Blocked Persons (SDN) List may be sent to: [email protected].  Petitioners may also refer to the Department of State’s Delisting Guidance page.

To see the full text of E.O. 13846, click here.

Official news published at https://www.state.gov/designating-entities-and-vessels-engaged-in-iranian-petroleum-or-petrochemical-products-trade/

The post Designating Entities and Vessels Engaged in Iranian Petroleum or Petrochemical Products Trade first appeared on Social Gov.

United States - Social Gov originally published at United States - Social Gov

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