Info:
Modion Maritime Management S.A. is a ship management company traditionally engaging in the operation of dry bulk carrier vessels;
According to reports, tankers owned by Modion Maritime Management are visiting Iranian Ports;
Tanker Stefanos T (IMO:9583744) owned by Modion Maritime Management was in Bandar Imam Khomeini – Iranian port on 07/14/2020;
Tanker Minoan Dignity (IMO:9294484) owned by Modion Maritime Management was in Bandar Imam Khomeini – Iranian port on 07/09/2020, 08/04/2020, 09/01/2019, 10/17/2018;
Tanker Minoan Flame (IMO:9147423) owned by Modion Maritime Management was in Bandar Imam Khomeini – Iranian port on 07/15/2020 and 03/21/2020;
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;
Fleet:
Minoan Grace – Flag: Malta
Minoan Falcon – Flag: Malta
Georgia T – Flag: Malta
Stefanos T – Flag: Malta
Minoan Sky – Flag: Liberia
Minoan Glory – Flag: Liberia
Minoan Courage – Flag: Liberia
Minoan Dignity – Flag: Liberia
Christina IV – Flag: Malta
Minoan Flame – Flag: Liberia
Industry:
Shipping Industry
Also Known As:
Modion Maritime Management S.A.
Country:
Greece
Address:
44 Tatoiou, 14561 Kifissia Greece
Phone:
+30 210 4222928
Website:
www.modion.gr
E-mail:
modion@modion.gr
Person of interests:
Myron Tsatsakis
Reason for the color:
» Greek shipowners in Iranian service;
» OFAC Advisory to the Maritime Petroleum Shipping Community – September 4, 2019;