Mathieu Alain Michel PHILIPPE

United Kingdom; France

1975-11-23

Aberdeen, United Kingdom

Male

Switzerland

18HD18503, Passport; 175119913222470, National ID No.

Business

Switzerland-based Progwin Shipping SA (Progwin Shipping), formerly known as Fractal Shipping SA and managed by French and UK national Mathieu Alain Michel Philippe (Philippe), has drawn public attention for the unusual speed at which it assembled an expansive fleet of aging tankers, and for Progwin Shipping and Philippe’s willingness to exploit the high rates of return in shipping Russian oil, all for the benefit of Hossein’s network. Mathieu Alain Michel Philippe is being designated pursuant to E.O. 13902 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, Progwin Shipping SA.

US

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

2025-07-30

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