Info:
In late January 2024, MODAFL orchestrated a shipment of Iranian commodities valued at over $100 million to companies in the PRC aboard the vessel KOHANA (IMO: 9254082), which is owned by Hong Kong-registered Kohana Company Limited and operated by Marshall Islands-registered Iridescent Co Ltd. The KOHANA is currently on its way to China, where it intends to offload its cargo.
Entities affiliated with MODAFL help produce Iranian weapons systems, including UAVs, many of which are transferred to Russia or are provided to Iran’s web of proxy and partner groups to use against U.S., allied, and partner interests throughout the Middle East. In order to generate extra revenue to support such efforts, the Iranian government allocates billions of dollars’ worth of commodities to Iranian military entities, including MODAFL.
Kohana Company Limited and Iridescent Co Ltd are 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, MODAFL. The KOHANA is being identified as property in which Kohana Company Limited has an interest.
Involved In:
Shipping Industry
Also Known As:
Iridescent Co Ltd
IRIDESCENT CO., LTD
Organization Established Date:
18 Feb 2022
Country:
China
Address:
Trust Company Complex, Ajeltake Road, Majuro, Ajeltake Island 96960, Marshall Islands;
Unit 07, Bangtai Industrial Park, 421, Guanghua Lu, Jiangbei Qu, Ningbo, Zhejiang 315100, China
Identification Number IMO:
6311331
Registration Number:
113186 (Marshall Islands)