Info:
Strait Shipbrokers (Singapore) Pte Ltd has been established in August 2005 in Singapore. In a span of few years, has grown to become an established player in the marine bulk liquid transport industry offering varied services in shipbrokering of bulk petrochemicals, Veg oil, LPG, LNG, clean petroleum and crude oil. The scope of business is based on fixing IMO II/III tanker, CPP tankers, Aframax, Suez Max, VLCC, Gas tankers, S&P and Projects;
On 29 October 2020 that Strait Shipbrokers in Singapore as well as its executive Murtuza Mustafaunir Basrai had been added to the U.S. SDN list;
The State Department press release noted that Strait was sanctioned under Section 3(a)(ii) of Executive Order 13846 for knowingly engaging in a significant transaction involving the purchase, acquisition, sale, transport or marketing of petroleum products from Iran;
Iran’s petroleum and petrochemical industries are major sources of revenue for the Iranian regime and fund its malign activities throughout the Middle East.
Foreign financial institutions that knowingly facilitate significant transactions for, or persons that provide material or certain other support to, the Strait Shipbrokers, risk exposure to sanctions that could sever their access to the U.S. financial system or block their property and interests in property under U.S. jurisdiction;
“The Iranian regime benefits from a global network of entities facilitating the Iranian petrochemical sector,” said Secretary Steven T. Mnuchin. “The United States remains committed to targeting any revenue source the Iranian regime uses to fund terrorist groups and oppress the Iranian people.”;
Industry:
Shipping Industry
Also Known As:
Strait Shipbrokers Singapore PTE. LTD.
Country:
Singapore
Address:
1 North Bridge Road, #22-06 High Street Centre, 179094, Singapore
Website:
www.straitship.com
E-mail:
info@straitship.com
Registration Number:
200512056R (Singapore)
Person of interests:
Murtuza Mustafaunir Basrai