Regulatory intelligence for US exporters

OFAC Sanctions Entities, People, Ships Moving Goods, Money for Iran

The U.S. this week sanctioned six entities, one person and two tankers that have helped ship goods and facilitate financial transactions on behalf of the Iranian military, the Iran-backed Houthis and Hezbollah. The Office of Foreign Assets Control said they are tied to sanctioned Houthi financial facilitator Sa’id al-Jamal (see 2403060017).

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The designations target Liberia-based Hassaleh International Company and its vessel, the Panama-flagged Dawn II; India-based KNH Shipping Private Limited; and Vietnam-based Quoc Viet Marine Transport JSC and India-based Melody Shipmanagement Pvt Ltd, which manage the Palau-flagged Abyss. OFAC also sanctioned Lebanon-based money exchanger Tawfiq Muhammad Sa’id al-Law, which uses two Kuwait-based companies, Orchidia Regional for General Trading and Contracting Company and Mass Com Group General Trading and Contracting Company WLL, to transfer money to help buy goods on behalf of al-Jamal’s network.