KDS Shipping

Marshall Islands-registered KDS Shipping Limited, has carried multiple shipments on behalf of Sa’id al-Jamal

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:
The Palau-flagged LPG tanker LPG OM (IMO: 9160475), which is owned and operated by Marshall Islands-registered KDS Shipping Limited, has carried multiple shipments on behalf of Sa’id al-Jamal

The LPG OM is being identified as property in which KDS Shipping Limited has an interest

Sa’id al-Jamal and his network rely on a host of shipping companies, vessels, and facilitators to enable the sale and shipment of Iranian commodities, including oil and petroleum products, in order to generate revenue for the Houthis and the IRGC-QF.

The revenue from al-Jamal’s network helps finance the Houthis’ reckless targeting of shipping in the Red Sea and civilian infrastructure, which has led to grave consequences for both the region and the international community.

OFAC designated Sa’id al-Jamal pursuant to E.O. 13224, as amended, on June 10, 2021 for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, the IRGC-QF. OFAC designated the IRGC-QF pursuant to E.O. 13224 on October 25, 2007, for providing material support to multiple terrorist groups. The U.S. Department of State’s designation of Ansarallah (commonly known as the Houthis) as a Specially Designated Global Terrorist (SDGT), pursuant to E.O. 13224, as amended, became effective on February 16, 2024.

Involved In:
Shipping Industry

Organization Established Date:
27 Jun 2023;

Country:
Marshall Islands

Address:
Trust Company Complex, Ajeltake Road, Majuro, Ajeltake Island 96960, Marshall Islands

Identification Number:
IMO 6420851;

Registration Number:
120646 (Marshall Islands)

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 August 15, 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, Sa’id al-Jamal;