Hong Kong; Hong Kong

Room 104, 19th Floor, W Luxe, 5, On Yiu Street, Shek Mun, Sha Tin, New Territories, Hong Kong, China

0096700, Company Number; 76228115, Business Registration Number

United Kingdom-based Propitious Forever Trading Co Ltd, Hong Kong based-Embrace Que Limited, and Marshall Islands-based Nissho Lines Incorporated are the owners of the BIG MAG, the IMPALAS, and THANE respectively. OFAC is designating Propitious Forever Trading Company Limited, Embrace Que Limited, and Nissho Lines Incorporated pursuant to E.O. 13902 for operating in the petroleum sector of the Iranian economy. OFAC is identifying the BIG MAG, IMPALAS, and THANE as blocked property in which Propitious Forever Trading Company Limited, Embrace Que Limited, and Nissho Lines have an interest, respectively.

https://home.treasury.gov/news/press-releases/sb0135

2025-05-08

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