Saone Shipping Corporation

ifmat-blackcompanies

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, Sepehr Energy

Country:

Panama  

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Info:
Panama-based Saone Shipping Corporation is the operator and owner of the LA PEARL.

Onden General Trading FZE is a UAE-based broker which sold Iranian commodities on Sepehr Energy’s behalf to be delivered off shore near Singapore. Sepehr Energy’s shipment, valued at several tens of millions of dollars, was loaded in the Persian Gulf aboard a vessel disguising itself as a different vessel. The vessel LA PEARL (9174660), also known as the ELITE, received the cargo via a ship-to-ship transfer from another vessel in mid-April in international waters near Singapore.

Onden General Trading FZE and Saone Shipping Corporation 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, Sepehr Energy Jahan Nama Pars Company. The LA PEARL is being identified as property in which Saone Shipping Corporation has an interest.

In November 2023, OFAC sanctioned the network of Sepehr Energy Jahan Nama Pars Company (Sepehr Energy), which plays a similar role leading the sale of Iranian commodities on behalf of the AFGS.

The following vessels have been added to OFAC’s SDN List::
LA PEARL (a.k.a. ELITE) (5IM808) Crude Oil Tanker Tanzania flag; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Vessel Registration Identification IMO 9174660; MMSI 677070800 (vessel) [SDGT] (Linked To: SAONE SHIPPING CORPORATION).

Involved In:
Shipping Industry

Also Known As:
SAONE SHIPPING CORP

Organization Established Date:
10 Jan 2020

Country:
Panama

Address:
60th Floor, BICSA Financial Center, Avenida Balboa, Panama City, Panama

Identification Number IMO:
6381530

Registration Number:
155689977 (Panama)

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 April 25, 2024 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, Sepehr Energy Jahan Nama Pars Company;