Room D07, 8th Floor, Phase 2, Kai Tak Factory Building, 99, King Fuk Street, San Po Kong, Hong Kong, China; Unit 1208, Building B 1, Wanda Plaza, 8, Aojiang Lu, Taijiang Qu, Fuzhou, 350009, Fujian, China

IMO 6484539, Identification Number

Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) is designating one individual and eight entities, and identifying one vessel as blocked property, for their involvement in the procurement and transshipment of sensitive machinery for Iran’s defense industry. The vessel, SHUN KAI XING, owned by Hong Kong-based Unico Shipping Co Ltd, was carrying this machinery for OFAC-designated Rayan Roshd Afzar Company (RRA) and Towse Sanaye Nim Resanaye Tarashe, a company controlled by RRA executives. Hong Kong-based Unico Shipping Co Ltd (Unico Shipping) has been the registered owner of the SHUN KAI XING since April 2024. Hong Kong-based Athena Shipping Co Ltd (Athena Shipping) has been the operator and ship manager of the SHUN KAI XING since April 2024. In response to an inspection of the SHUN KAI XING’s sensitive cargo bound for Iran, Unico Shipping prepared to obfuscate the Iranian clients through the falsification of the shipping paperwork, with the intent to later facilitate the shipments to Bandar Abbas, Iran. Unico Shipping Co Ltd, Athena Shipping Co Ltd, Zhang Yanbing, Dongguan Zanyin Machinery and Equipment Co Ltd, V-Shipping Pte Ltd, Shenzhen Xinxin Shipping Co Ltd, and Edisa Dis Ticaret Limited Sirketi are being designated pursuant to E.O. 13382 for having provided, or attempted to provide, financial, material, technological, or other support for, or goods or services in support of, RRA. The SHUN KAI XING is being identified as property in which Unico Shipping Co Ltd has an interest.

https://home.treasury.gov/news/press-releases/sb0175

2025-06-20

US

Iranian Financial Sanctions Regulations, 31 CFR part 561

OFAC country specific

Iran

Blocking Property, Suspending Entry, Trade sanctions

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

On August 16, 2010, OFAC issued the Iranian Financial Sanctions Regulations, 31 CFR part 561 (75 FR 49836, August 16, 2010) (IFSR) to implement provisions of the Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (Pub. L. 111–195) (22 U.S.C. 8501–8551). Since then, OFAC has amended the IFSR several times.

SDN