Last Updated: January 19, 2026
FORNAX SHIP MANAGEMENT FZCO
Address
Unit 40260-001, Building A1, IFZA Business Park, Dubai Silicon Oasis, Dubai, United Arab Emirates
Reg. ID
IMO 6466241, Identification Number
Official reason
OFAC is also sanctioning two UAE-based ship managers that support Sovcomflot: Fornax Ship Management FZCO (Fornax) and Stream Ship Management FZCO (Stream). Sovcomflot has sought to circumvent sanctions by transferring the management of tankers to Fornax and Stream. Fornax and Stream have managed oil-related vessels during port calls in the Russian...
Other Information
https://home.treasury.gov/news/press-releases/jy2777
Date of listing
2025-01-10
Program information
Authority
US
Program
Executive Order 13662 of March 20, 2014 Blocking Property of Additional Persons Contributing to the Situation in Ukraine
Regime
OFAC country specific
Target State
Russia
Measures
Trade sanctions
Sanctions Portfolio
• https://ofac.treasury.gov/faqs/topic/1576
Official Information
E.O. 13662. On March 20, 2014, the President, invoking the authority of, inter alia, IEEPA, issued E.O. 13662. In E.O. 13662, the President expanded the scope of the national emergency declared in E.O. 13660 and expanded by E.O. 13661, finding that the actions and policies of the Government of the Russian Federation, including its purported annexat...
Additional Details
SSI / SDN
Program URL