NewsUS

Sanctions to Combat Illicit Traders of Iranian Oil and the Shadow Fleet

Today, the Department of State is sanctioning multiple entities, individuals, and vessels to stem the flow of revenue that the regime in Tehran uses to support terrorism abroad and repress its citizens.    

As part of this action, the Department of State is identifying 14 shadow fleet vessels as property of entities involved in the transportation of Iranian petroleum, petroleum products, and petrochemical products.  Furthermore, the Department of State is sanctioning 15 entities that have traded in Iranian-origin crude oil, petroleum products, or petrochemical products, as well as two associated individuals.   

Time and time again, the Iranian government has prioritized its destabilizing behavior over the safety and security of its own citizens, as demonstrated by the regime’s mass murder of peaceful protestors. The United States will continue to act against the network of shippers and traders involved in the transport and acquisition of Iranian crude oil, petroleum products, and petrochemical products, which constitutes the regime’s primary source of income.   

All Department of State targets are being sanctioned pursuant to Executive Order (E.O.) 13846, which authorizes and reimposes certain sanctions with respect to Iran.  

Taking  Action  Against  Iran’s Shadow Fleet   

The Department of State is identifying as blocked property 14 shadow fleet vessels involved in the transport of Iranian petroleum, petroleum products, and petrochemical products.  Iran’s exports of these energy commodities are enabled by a network of illicit shipping facilitators in multiple jurisdictions who, through obfuscation and deception, load and transport Iranian commodities to buyers in third countries.  Vessels managed by companies named below have moved millions of barrels of Iranian crude oil and play a key role in the Iranian export supply chain.  They have also regularly engaged in dark activity and other deceptive shipping practices, endangering other vessels and legitimate trade flows.   

ALL WIN SHIPPING MANAGEMENT LIMITED (ALL WIN)  is the commercial manager of  VICSCENE  (IMO: 9290775), a Barbados-flagged crude oil tanker, which transported Iranian-origin crude oil between March and April 2025.   

ALL WIN is being designated pursuant to section 3(a)(ii) of E.O. 13846 for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petroleum or petroleum products from Iran.  VICSCENE is being identified as property in which ALL WIN has an interest.   

MANARAT ALKHALEEJ MARINE SERVICES FZE (MANARAT ALKHALEEJ)  is the United Arab Emirates-based commercial manager of  OCEAN GUARDIAN (IMO: 9267948), a Panama-flagged oil products tanker, which loaded petroleum products in  Iran, between September and October 2022, and AL SAFA (IMO: 9222649), a Panama-flagged oil products tanker, which collectively completed at least 30 shipments originating from Iran in 2025.   

MANARAT ALKHALEEJ is being designated pursuant to section 3(a)(ii) of E.O. 13846 for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petroleum or petroleum products from Iran.  OCEAN GUARDIAN and AL SAFA are being identified as property in which MANARAT ALKHALEEJ has an interest.    

QINGDAO OCEAN KIMO SHIP MANAGEMENT CO LTD (QINGDAO OCEAN KIMO) is the commercial manager of  BENLAI  (IMO: 9312494), a Barbados-flagged crude oil tanker which transported Iranian-origin crude oil on at least one occasion in 2025.    

QINGDAO OCEAN KIMO is being designated pursuant to section 3(a)(ii) of E.O. 13846 for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petroleum or petroleum products from Iran.  BENLAI is being identified as property in which QINGDAO OCEAN KIMO has an interest.  

See also  Clockwork from scratch: How scientists made timekeeping cells

VICENS MARINE CO (VICENS) is the Marshall Islands-based registered owner and commercial manager of  AQUA LIVE  (IMO: 9282792), an Aruba false-flagged crude oil tanker, which transported Iranian-origin petroleum.    

VICENS is being designated pursuant to section 3(a)(ii) of E.O. 13846 for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petroleum or petroleum products from Iran.  AQUA LIVE is being identified as property in which VICENS has an interest.  

SHANGHAI QIZHANG SHIP MANAGEMENT CO., LTD (SHANGHAI QIZHANG) provided commercial management for multiple vessels engaged in the transportation of Iranian-origin petrochemical products.  YONGHENG OCEAN  (IMO: 9234472) is a Barbados-flagged chemical/oil products tanker, which transported Iranian-origin petrochemical products at least 5 times since July 2023.   

SHANGHAI QIZHANG is being designated pursuant to section 3(a)(iii) of E.O. 13846 for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petrochemical products from Iran.  YONGHENG OCEAN is being identified as property in which SHANGHAI QIZHANG has an interest.  

ELYSIAN HORIZON CORP (ELYSIAN) is the Seychelles-based registered owner and commercial manager of  ZEVS  (IMO: 9168946), a Cameroon-flagged crude oil tanker, which transported Iranian-origin petroleum on at least three occasions between March and May 2025.   

ELYSIAN is being designated pursuant to section 3(a)(ii) of E.O. 13846 for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petroleum or petroleum products from Iran.  ZEVS is being identified as property in which ELYSIAN has an interest.  

FLUXUS MARINE INC (FLUXUS MARINE) is the Kazakhstan-based commercial manager of  VETER  (IMO: 9233739), a Cameroon-flagged crude oil tanker, which transported Iranian-origin crude oil on at least one occasion in 2025.   

FLUXUS MARINEis being designated pursuant to section 3(a)(ii) of E.O. 13846 for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petroleum or petroleum products from Iran.  VETER is being identified as property in which FLUXUS MARINE has an interest.  

MPHASIS MARINE SOLUTIONS FZE  is the United Arab Emirates-based commercial manager of  RAYYAN GAS  (IMO: 9133109), a Palau-flagged liquified petroleum gas (LPG) tanker, which transported Iranian-origin ammonia on at least seven occasions in 2025, and Panama-flagged LPG tanker GAZ CRYSTAL  (IMO: 9318618).   

MPHASIS MARINE SOLUTIONS FZE is being designated pursuant to section 3(a)(iii) of E.O. 13846 for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petrochemical products from Iran.  RAYYAN GAS and GAZ CRYSTAL are being identified as property in which MPHASIS MARINE SOLUTIONS FZE has an interest.  

MHK SHIPPING CORP  is the Türkiye-based commercial manager of FORTUNE GAS  (IMO: 9471123), a Panama-flagged LPG tanker, which transported Iranian-origin ammonia on at least 10 occasions in 2025, and Panama-flagged LPG tanker GAS RIVER  (IMO: 9369760).   

MHK SHIPPING CORP is being designated pursuant to section 3(a)(iii) of E.O. 13846 for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petrochemical products from Iran. FORTUNE GAS and GAS RIVER are being identified as property in which MHK SHIPPING CORP has an interest.  

See also  How EU–India Trade Deal Affects Bangladesh? | The EU-India trade deal: What implications for Bangladesh

MARS OCEANWAY INC (MARS OCEANWAY) is the Türkiye-based commercial manager and registered owner of  WHITE SHARK  (9155626), a San Marino-flagged LPG tanker, which transported Iranian-origin ammonia and LPG on at least five occasions in 2025.    

MARS OCEANWAYis being designated pursuant to section 3(a)(iii) of E.O. 13846 for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petrochemical products from Iran. WHITE SHARK is being identified as property in which MARS OCEANWAY has an interest.  

ELEVATE MARINE MANAGEMENT PRIVATE LIMITED (ELEVATE)  is the India-based commercial manager of  BENEDICT  (IMO: 9293155), a Cameroon-flagged crude oil tanker, which transported Iranian petroleum products on at least three occasions between September and November 2025. AKASH ANANT SHINDE (SHINDE)  is an Indian national and the director of ELEVATE.   

ELEVATE is being designated pursuant to section 3(a)(ii) of E.O. 13846 for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petroleum or petroleum products from Iran.  BENEDICT is being identified as property in which ELEVATE has an interest.  SHINDE is being blocked pursuant to section 5(a)(vii) of E.O. 13846 as a principal executive officer, or person performing similar functions and with similar authorities of ELEVATE.   

Countering Traders of Iranian Petrochemicals   

This action also includes sanctions against four entities that have engaged in the transshipment, sale, and purchase of Iranian-origin petrochemical products, as well as the manager of one of the companies.  Similar to Iran’s crude oil trade, petroleum and petrochemical products sales provide crucial revenue to the Iranian regime, which has continued to prioritize funding terror organizations over its own people.  Today’s action targets those intermediaries, the buyers and exporters of Iranian petrochemical products.  

DIAKO IC VE DIS TICARET ANONIM SIRKETI (DIAKO)  is a Türkiye-based petrochemical trader, which imported over $700,000 worth of Iranian-origin petrochemical products from multiple companies, including U.S.-designated  SOFT AIR GENERAL TRADING, between January 2024 and August 2024. DIAKO is being designated pursuant to section 3(a)(iii) of E.O. 13846 for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petrochemical products from Iran.  

STAREX DIS TICARET KIMYA ANONIM SIRKETI (STAREX)  is a Türkiye-based petrochemical trader, which imported over $8 million worth of Iranian-origin petrochemical products from multiple companies between March 2024 and September 2024.    

STAREX is being designated pursuant to section 3(a)(iii) of E.O. 13846 for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petrochemical products from Iran.  

BAKHT AL AZHAR TRADING L.L.C (BAKHT)  is a United Arab Emirates-based company, which exported over $1 million worth of Iranian-origin petrochemical products between March and September 2024.   

BAKHT is being designated pursuant to section 3(a)(iii) of E.O. 13846 for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petrochemical products from Iran.  

AMON KİMYA VE MAKİNA SANAYİ VE TİCARET LİMİTED SİRKETİ (AMON KIMYA)  is a Türkiye-based company that imported Iranian-origin ammonia between March and September 2024, valued at approximately $400,000.  AMON KIMYA has also imported Iranian-origin ammonia from the U.S.-designated, Iran-based LORDEGAN UREA FERTILIZER COMPANY.  MEHMET OZSUREN(MEHMET)  is a Turkish national and manager of AMON KIMYA.  MEHMET is also the majority shareholder of AMON KIMYA.   

See also  Israel allowing traders to bring into Gaza ‘dual-use’ items barred from aid organisations | Gaza

AMON KIMYA is being designated pursuant to section 3(a)(iii) of E.O. 13846 for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petrochemical products from Iran. MEHMET is being blocked pursuant to section 5(a)(vii) of E.O. 13846 as a principal executive officer, or person performing similar functions and with similar authorities, of AMON KIMYA.      

SANCTIONS IMPLICATIONS    

As a result of today’s sanctions-related actions, and in accordance with E.O. 13846, all property and interests in property of the designated or otherwise blocked persons described above that are in the United States or in possession or control of U.S. persons are blocked and must be reported to the Department of Treasury’s Office of Foreign Assets Control (OFAC).  Additionally, all entities and individuals that have ownership, either directly or indirectly, 50 percent or more by one or more blocked persons are also blocked.    

All transactions by U.S. persons or within (or transiting) the United States that involve any property or interests in property of designated or otherwise blocked persons are prohibited unless authorized by a general or specific license issued by OFAC or exempt.  These prohibitions include the making of any contribution or provision of funds, goods, or services by, to, or for the benefit of any blocked person and the receipt of any contribution or provision of funds, goods, or services from any such person.    

The power and integrity of U.S. government sanctions derive not only from the U.S. government’s ability to designate and add persons to the Specially Designated Nationals and Blocked Persons (SDN) List, but also from its willingness to remove persons from the SDN List consistent with the law.  The ultimate goal of sanctions is not to punish, but to bring about a positive change in behavior.    

Petitions for removal from the SDN List may be sent to: OFAC.Reconsideration@treasury.gov.  Petitioners may also refer to the Department of State’s Delisting Guidance  page.   


Source link

Digit

Digit is a versatile content creator with expertise in Health, Technology, Movies, and News. With over 7 years of experience, he delivers well-researched, engaging, and insightful articles that inform and entertain readers. Passionate about keeping his audience updated with accurate and relevant information, Digit combines factual reporting with actionable insights. Follow his latest updates and analyses on DigitPatrox.
Back to top button
close