Last Updated: January 19, 2026

NYCITY SHIPMANAGEMENT CO LTD

Nationality

Marshall Islands

Address

Room 502, 1, Yangkou Lu, Shinan Qu, Qingdao, Shandong, China; Trust Company Complex, Ajeltake Road, Majuro, 96960, Ajeltake Island, Marshall Islands

Reg. ID

IMO 6422945, Identification Number; 120346, Registration Number

Official reason

Sanctioned Iranian tankers rely on ship-to-ship transfers outside of jurisdictional port limits with non-sanctioned vessels to transport petroleum to foreign customers, obfuscating the oil’s Iranian origin. In September 2024, the Panama-flagged URGANE I (IMO: 9231901), managed and operated by PRC-based Nycity Shipmanagement Co Ltd (Nycity Shipmanag...

Other Information

https://home.treasury.gov/news/press-releases/sb0026

Date of listing

2025-02-24

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,...

Additional Details

SDN

Program URL

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