Info:
According to the U.S. Treasury Department – February 23, 2022:
India-, Singapore-, and UAE-based Aurum Ship Management FZC (Aurum) has generated millions of dollars in profit while managing ships connected to al-Jamal and Mahamud, including the St. Kitts and Nevis-flagged Light Moon, formerly known as the Three, and the Triple Success, which Treasury previously identified as a vessel in which al-Jamal has an interest. Employees of Aurum have bribed flagging authorities to ignore sanctions-evasion activities by ships in the al-Jamal network. Aurum has also managed ships transferring oil to Houthi-controlled ports in Yemen;
Aurum Ship Management FZC is being designated pursuant to E.O. 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Abdi Nasir Ali Mahamud;
The al-Jamal- and Mahamud-owned Light Moon, which has been used to illicitly ship petroleum products, has sought to disguise its activities by turning off its Automatic Identification System (AIS), an internationally accepted maritime safety system, while conducting operations. The Light Moon is being identified pursuant to E.O. 13224, as amended, as property in which Abdi Nasir Ali Mahamud has an interest.
OFAC is also designating Aurum’s managing director, Chiranjeev Kumar Singh, and a shell company, Peridot Shipping and Trading LLC. Following the Triple Success’ identification, Singh and Aurum worked with Mahamud to provide critical support to the vessel.
Chiranjeev Kumar Singh is being designated pursuant to E.O. 13224, as amended, for having acted for or on behalf of, directly or indirectly, Aurum Ship Management FZC. Peridot Shipping and Trading LLC is being designated pursuant to E.O. 13224, as amended, for being owned, controlled, or directed by, directly or indirectly, Chiranjeev Kumar Singh.
February 12, 2021:
AURUM MARINE MANAGEMENT SERVICES represents a new era of ship management with a one-stop management service offering all aspects of cost-effective ship management with a quality of the market highest order. AURUM MARINE MANAGEMENT SERVICES believe in teamwork efforts both within and with the clients to ensure the best possible solutions to any problem on board With the team of highly motivated professionals sharing the same passion for the sea, ships & the personnel that we manage;
Aurum Marine Management Services P. LTD- An Indian based private tanker company. This company knowingly transported Iranian petroleum-based products several times, using its tanker fleet;
The company also operates through an UAE company named Aurum ship management FZC;
This fleet includes the following tankers:
Reem 2 – IMO: 8915119
Reem 3 – IMO: 9004815
Reem 6 – IMO: 9516715
Reem 7 – IMO: 9405617
Reem 9 – IMO: 9347102
Free Sea – IMO: 9257503
Profits from oil sales support the IRGC’s full range of nefarious activities, including the proliferation of weapons of mass destruction and their means of delivery, support for terrorism, and a variety of human rights abuses, at home and abroad;
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 that engaging 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:
Aurum Marine Management Services Private Limited
Aurum Marine Management Services P. LTD
Established:
2004
Country:
India
Address:
No. 204, A Wing, Sai Chamber, Sector- 11, Cbd Belapur, Navi Mumbai, Thane-400614, Maharashtra, India
E-mail:
info@aurumship.com
Person of interests:
Bakshi Singh (Owner)
Chiranjeev Kumar Singh – Director – Until 2015
Beena Vijai Kumar – Director (2018)
Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on February 23, 2022 pursuant to Executive Order 13224, as amended, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Abdi Nasir Ali Mahamud;
» Foreign Maritime shipping companies knowingly support Iranian efforts to circumvent U.S. sanctions;
» OFAC Advisory to the Maritime Petroleum Shipping Community – September 4, 2019;