Hong Kong; Hong Kong

Rm 906, Block A, Tak Yin House, Hong Kong, China; Room 3-2707, Block Yujin, 21, Dagong Jie, Zhongshan Qu, Dalian, Liaoning, China

IMO 6462631, Identification Number; 3186753, Company Number; 74386200, Business Registration Number

Hong Kong-based Gaffodil Co., Limited manages and operates the FT ISLAND, which carried more than 1.6 million barrels of Iranian condensate to buyers in China on behalf of CCPC and NIOC as recently as April 2024. Galileos Marine Services L.L.C, Vision Ship Management LLP, Ocean Glory Giant OGG SA, and Gaffodil Co., Limited are being designated pursuant to E.O. 13902 for operating in the petroleum sector of the Iranian economy. The JAYA is being identified as property in which Galileos Marine Services L.L.C has an interest. The MASAL and the FT ISLAND are being identified as property in which Ocean Glory Giant OGG SA and Gaffodil Co., Limited have an interest, respectively. The PHONIX, the LARA II, and the RIO NAPO are being identified as property in which Vision Ship Management LLP has an interest.

https://home.treasury.gov/news/press-releases/jy2734

2024-12-03

US

Executive Order 13902 of January 10, 2020 Imposing Sanctions With Respect to Additional Sectors of Iran

OFAC country specific

Iran

Blocking Property, Suspending Entry, Trade sanctions

• https://ofac.treasury.gov/faqs/topic/1551

E.O. 13902 imposes sanctions with respect to any person determined by the Secretary of the Treasury, in consultation with the Secretary of State, to operate in the construction, mining, manufacturing, and textiles sectors of the Iranian economy, and any additional sectors of the Iranian economy as may be determined by the Secretary of the Treasury, in consultation with the Secretary of State. On October 8, 2020, the Secretary of the Treasury identified the financial sector of the Iranian economy for additional sanctions under E.O. 13902. Iranian and non-Iranian persons operating in these sectors could be subject to sanctions pursuant to E.O. 13902.

SDN