Info:
VIRGO MARINE is an international shipping transportation company specialized in the transportation of various petroleum and petrochemical gas products in liquefied form;
UAE-based Virgo Marine has similarly received the equivalent of millions of dollars from Triliance since early 2022 to arrange vessels for the storage and transportation of Iranian petrochemicals. Virgo Marine has operated the liquid petroleum gas tanker Gas Allure, which transported tens of thousands of metric tons of Iranian petrochemicals brokered by Triliance.
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned an international network of companies involved in the sale of hundreds of millions of dollars’ worth of Iranian petrochemicals and petroleum products to end users in South and East Asia.
“The United States is committed to severely restricting Iran’s illicit oil and petrochemical sales,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson; “So long as Iran refuses a mutual return to full implementation of the Joint Comprehensive Plan of Action, the United States will continue to enforce its sanctions on the sale of Iranian petroleum and petrochemical products.”
As Iran continues to accelerate its nuclear program in violation of the JCPOA, we will continue to accelerate our enforcement of sanctions on Iran’s petroleum and petrochemical sales under authorities that would be removed under the JCPOA. These enforcement actions will continue on a regular basis, with an aim to severely restrict Iran’s oil and petrochemical exports. Anyone involved in facilitating these illegal sales and transactions should cease and desist immediately if they wish to avoid U.S. sanctions.
Triliance, a critical component of Iran’s petroleum and petrochemical sectors, which brokers the sale of Iranian products to foreign purchasers, has purchased millions of dollars’ worth of Iranian petrochemical and petroleum products from Iran-based petrochemical brokers Iran Chemical Industries Investment Company and Middle East Kimiya Pars Co., which were ultimately shipped to India.
Triliance was previously designated pursuant to E.O 13846 in 2020 for, on or after November 5, 2018, having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services in support of, the National Iranian Oil Company (NIOC). NIOC itself is sanctioned pursuant to E.O. 13599, and also E.O. 13224, a counterterrorism sanctions authority.
Involved In:
Shipping Industry
Services:
Ship Management
Crewing Management
HSSQE Management
Transshipment Management
Dry Dock & Lay-up Management
Surveying & inspections
Ship Agency
Also Known As:
Virgo Marine Company
Organization Established Date:
06 Sep 2021
Country:
United Arab Emirates
Address:
Office 401, The Binary Tower Omniyat, Business Bay, Bur Dubai, Dubai, United Arab Emirates
Website:
www.virgo-marine.com
Identification Number IMO:
6256316
Registration Number:
980285 (United Arab Emirates)
Economic Register Number (CBLS):
11723718 (United Arab Emirates)