Global Trade Alert
Global Trade Alert

United States of America: Treasury imposes sanctions on ship management companies transporting Iranian oil

Announcement

13 Mar 2025

In March 2025, the United States Department of the Treasury announced the imposition of sanctions on 15 ship management entities across various jurisdictions. The entities have been added to the Office of Foreign Assets Control's (OFAC) Specially Designated Nationals and Blocked Persons List (SDN List).

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

13 Mar 2025

Revocation date:

No revocation date

Controls on commercial transactions and investment instruments In force

On 13 March 2025, the U.S. Department of the Treasury imposed sanctions on 15 ship management entities in multiple jurisdictions for their alleged ownership or operation of vessels that have delivered...

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