Sino Energy Shipping

ifmat-blackcompanies

China-based Sino Energy Shipping continued to facilitate Iran’s export of petroleum, petroleum products, and petrochemicals contrary to U.S. sanctions

Country:

China  

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:
China-based Sino Energy Shipping continued to facilitate Iran’s export of petroleum, petroleum products, and petrochemicals contrary to U.S. sanctions;

Iran’s petroleum industry is a major source of revenue for the Iranian regime and funds its malign activities throughout the Middle East. Treasury actions reaffirm the United States’ commitment to denying the Iranian regime the financial resources it needs to fuel terrorism and other destabilizing activities. We call on the regime yet again to stop undermining the Iranian people’s prosperity by exploiting Iran’s natural resources to sow chaos and destruction;

In January 2020, OFAC sanctioned Triliance and three other petrochemical and petroleum companies that have collectively transferred the equivalent of hundreds of millions of dollars’ worth of exports from the National Iranian Oil Company (NIOC), which helps to finance Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and its terrorist proxies. Triliance has used various front companies to purchase, or facilitate the purchase and movement of, petrochemical products from Iran, and the entities targeted today help facilitate Iran’s petrochemical and petroleum exports in contravention of U.S. economic sanctions;

Industry:
Shipping Industry

Also Known As:
Sino Energy Shipping HongKong Limited
Sino Energy Shipping (Hong Kong) Ltd
Sino Energy Shipping Hong Kong

Country:
China

Address:
Kowloon Bay, Kowloon, Hong Kong; Pudong Xinqu, Shanghai 200121, China

Registration Number:
1796668 (China)

Identification Number IMO:
5706291

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 September 3, 2020 pursuant to Executive Order 13846, for having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, Triliance;