The United States punches Iran’s Shadow Fleet with new sanctions

On December 19, the US Treasury Department imposed sanctions on four companies and three vessels involved in trading Iranian oil.

These companies include Marshall Islands-based Journey Investment Company, which owns the Djibouti-registered MS ENOLA tanker(IMO: 9251951); Liberia-based Rose Shipping Limited is the manager of MS ENOLA and other two ships; MS ANGIA (IMO 9246281) and MS MELENIA (IMO:9302023); Marshall Islands company Passada Maritime Limited also owns MS ANGIA; Hong Kong-based Master Joint Co., Limited, which was used by the U.S.-sanctioned Iranian trader Triliance Petrochemical Company, coordinated the sale of Iranian petrochemicals.

“Iran’s continues to rely on its shadowy network of vessels, companies, and facilitators to finance the development of its nuclear program, the proliferation of its weapons systems, and support to its proxies,” said Acting Under Secretary for Terrorism and Financial Intelligence, Bradley T. Smith.

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