Lancelin Shipping Company Limited

Wholly owned subsidiary of the Islamic Republic of Iran Shipping Lines (IRISL)

Status:Medium Alert – Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations.

Risk Level:unknown %

Info:
Lancelin Shipping Company Limited is Cyprus based company which is “wholly owned” subsidiary of the Islamic Republic of Iran Shipping Lines (IRISL);

Islamic Republic of Iran Shipping Lines (IRISL) is Iran’s Regime government owned company;

Also Known As:
Lancelin Shipping Company

Involved In:
Military Weapon Program

Country:
Cyprus

Address:
Fortuna Court, Block B, 284 Archiepiskopou Makariou C’ Avenue, 2nd Floor, 3105, Limassol, Cyprus

Person of interests:
Ahmad Sarkandi;

Reason for the color:
» Added on October 27, 2010 to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction (WMD) and their delivery systems;
» Removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action;
» Designated by the European Union on May 23, 2011 as a “wholly owned” subsidiary of the Islamic Republic of Iran Shipping Lines (IRISL);
» sanctions annulled by a judgment of the General Court of the European Union on on January 22, 2015;