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Organization

Last Updated: October 9, 2026

  1. Search
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  3. Organization

Last Updated: October 9, 2026

Organization

ALGAE SHIP CHARTER - FZCO

Nationality

United Arab Emirates

Address

Dubai Digital Park, Building A1, Dubai Silicon Oasis, Dubai, United Arab Emirates

Reg. ID

43052, Registration Number; IMO 6508402, Identification Number

Official reason

UAE-based entities The Zulu Ships Management and Operation - Sole Proprietorship L.L.C (Zulu Ships), Wanta Shipping L.L.C-FZ, and Algae Ship Charter - FZCO (Algae Ship) are among the many shipping companies in Hossein’s network that regularly shuffle in and out of management and operator roles for the network’s fleet. Zulu Ships manages ten vessels, while Algae Ship operates three vessels contained in the network’s fleet (see the Annex for full vessel list).

Sender

US

Other Information

https://home.treasury.gov/news/press-releases/sb0215

Date of listing

2025-07-30

Program information

Program information

Authority

US

Program

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

Regime

OFAC country specific

Target State

Iran

Measures

Blocking Property, Suspending Entry, Trade sanctions

Sanctions Portfolio

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

Official Information

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.

Additional Details

SDN

Program URL

  • https://ofac.treasury.gov/media/31406/download?inline

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