“The US Department of Finance Control of the US Ministry of Finance has announced the expansion of sanctions against the international network of companies and ships of the “shadow fleet” of Iran, which provided illegal transportation of oil to China.”, – WRITE: www.pravda.com.ua
Source: US Ministries
Details: According to the report, ofac has imposed sanctions against the Greek citizen Antonios Margaritis, his network of companies and almost a dozen ships that are part of the so -called “shadow fleet” of Iran. According to the department, Margaritis “used his many years of experience in the shipping industry to illegally promote the transportation and sale of Iranian oil.”
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“Today’s measures against Margaritis and its networks weaken Tehran’s ability to finance their programs for the development of advanced weapons, maintain terrorist groups and threaten the security of our troops and allies,” said Finance Minister Scott Bessent.
OAC has found that Margaritis controls a number of companies, including Marant Shipping and Trading SA, Square Tanker Management Ltd., Comford Management SA and United Chartering SA, registered in Greece and Marshall. They organized the movement of Iranian cargo even after part of the ships came under sanctions. Cristobal Marine Corp, connected with its network, also came under restriction.
In addition, the sanctions got:
- Ozarka Shipping – FZCO (UAE) operated Victory Ari, Sondos (under the flag of Antigua and Barbuda) and Katsuya (Gambia Flag);
- Changbai Glory Shipping Limited (Marshall Islands) owns a LAFIT vessel;
- Regal Liberty Limited (British Virgin Islands) controls the Giant ship (Hong Kong Flag);
- Honks companies U Beacon Shipping Co., Limited and Hong Kong Hangshun Shipping Limited are owners of adeline G and Kongm vessels (Panama flag);
- Ares Shipping Limited (Hong Kong) owns a ARS vessel.
In accordance with the legislation of the United States, all property and shares owned by sub -US or under the control of US citizens are subject to blocking. Any transactions with their participation are also prohibited, unless otherwise permitted ofAc.