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Organization

Last Updated: April 19, 2026

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  3. Organization

Last Updated: April 19, 2026

Organization

PROPITIOUS FOREVER TRADING CO LTD

Nationality

United Kingdom; United Kingdom

Address

7 Copperfield Road, West Midlands, Coventry, CV2 4AQ, United Kingdom

Reg. ID

IMO 6471215, Identification Number; 15286309, Company Number; 14410280, Registration Number

Official reason

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.

Other Information

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

Date of listing

2025-05-08

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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