Info:
The Karo (Crude Oil Tanker – IMO: 9182291) had engaged in illicit transshipment operations with an Iranian tanker;
India-based Karo Shipping Services is listed as the owner of the Karo, which is its only ship, data on Equasis showed;
An office listed in shipping databases as the contact address for Karo Shipping Services near the city of Mumbai had closed down when visited by Reuters on Tuesday;
According to the U.S. Treasury Department – Individuals and entities engaged in certain transactions involving petroleum or petroleum products from Iran or certain Iran-related persons on the SDN List should be aware thatengaging in such conduct may result in designation or other sanctions under U.S. sanctions authorities unless an exception applies. Those who knowingly engage in significant transactions for the purchase, acquisition, sale, transport, or marketing of petroleum or petroleum products from Iran — or knowingly provide significant support to an Iranian person on OFAC’s List of Specially Designated Nationals and Blocked Persons (SDN List), such as the National Iranian Oil Company (NIOC), the National Iranian Tanker Company (NITC), and the Islamic Republic of Iran Shipping Lines (IRISL) — are at serious risk of being targeted by the United States for sanctions, regardless of the location or nationality of those engaging in such activities. Further, persons providing bunkering services to vessels transporting petroleum or petroleum products from Iran risk being subject to sanctions unless an applicable waiver or exception applies.The United States continues to take strong action to deny the Government of Iran funds derived from the illicit exportation of petroleum or petroleum products from Iran;
Industry:
Shipping Industry
Also Known As:
Karo Shipping
Country:
India
Reason for the color:
» OFAC Advisory to the Maritime Petroleum Shipping Community – September 4, 2019;
» U.S. safety firm withdraws certification for two oil tankers over Iran sanctions;