Treasury Blocks 24 Shipping Companies Affiliated with IRISL, Etc.
The Treasury Department announces the designation of 24 shipping companies affiliated with the Islamic Republic of Iran Shipping Lines (IRISL) pursuant to Executive Order 13382, which is aimed at freezing the assets of proliferators of weapons of mass destruction and their supporters, thereby blocking them from the U.S. financial and commercial systems.
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Specifically, Treasury has designated the following companies for their affiliations with IRISL:
Hong Kong based shipping companies:
- Starry Shine International Limited
- Ideal Success Investments Limited
- Top Glacier Company Limited
- Top Prestige Trading Limited .
- Advance Novel Limited
- Alpha Effort Limited
- Best Precise Limited
- Concept Giant Limited
- Great Method Limited
- Logistic Smart Limited
- Neuman Limited
- New Desire Limited
- Partner Century Limited
- Sackville Holdings Limited
- Sandford Group Limited
- Sino Access Holdings Limited
- Smart Day Holdings Group Limited
- System Wise Limited
- Trade Treasure Limited
- True Honour Holdings Limited
Isle of Man based shipping companies:
- Loweswater Limited
- Mill Dene Limited
- Shallon Limited
- Springthorpe Limited
(Treasury has also designated two other entities under EO 13382, Shahid Ahmad Kazemi Industries Group and M. Babaie Industries, which are affiliated with Iran’s Aerospace Industries Organization (AIO),and the Office of Foreign Assets Control has updated its Specially Designated Nationals List to include all of these designations.)