OFAC Blocks 6 Shipping Cos in Panama/Iran Affiliated With IRISL, Adds/Edits Others
The Office of Foreign Assets Control announces the designation of six shipping companies affiliated with the Islamic Republic of Iran Shipping Lines (IRISL) pursuant to Executive Order 13382, which prohibits transactions with and freezes the assets of proliferators of weapons…
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of mass destruction and their supporters. OFAC has designated Panama/Iran-based companies Galliot Maritime Inc., Indus Maritime Inc., Kaveri Maritime Inc., Melodious Maritime, Inc., Mount Everest Maritime, Inc., and Rishi Maritime, Inc. In a second notice, OFAC is adding one vessel, Iran Shahr-E-Kord, and updating the information for 14 other vessels. In a third notice, OFAC is updating the information for Soroush Sarzamin Asatir Ship Management Company. The actions in all three notices are effective October 27, 2011.