US Treasury Department adds more vessels to its sanctions list

Washington has sanctioned more vessels and shipping companies for allegedly facilitating shipment of commodities for Iran’s armed forces that back Houthi militia.

PHOTO: Flags of the US and Iran. Getty Images

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned UAE-based shipping company Oceanlink Maritime and its 13 vessels for shipping Iranian commodities.

Iran-based energy company Sepehr Energy shipped commodities valued at over $100 million on Comoros-flagged HECATE, ANTHEA, and BOREAS tankers that aremanaged by Oceanlink Maritime, OFAC said.

HECATE conducted a ship-to-ship (STS) transfer of commodities from a previously sanctioned tanker.

OFAC had sanctioned Sepehr Energy in November 2023.

By Aparupa Mazumder 

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