MPHASIS MARINE SOLUTIONS FZE

Office G23, Building 1, Hamriyah Free Zone, Sharjah, United Arab Emirates

IMO 6340584, Identification Number

MPHASIS MARINE SOLUTIONS FZE  is the United Arab Emirates-based commercial manager of  RAYYAN GAS  (IMO: 9133109), a Palau flagged liquified petroleum gas (LPG) tanker, which transported Iranian-origin ammonia on at least seven occasions in 2025, and Panama flagged LPG tanker GAZ CRYSTAL  (IMO: 9318618). MPHASIS MARINE SOLUTIONS FZE is being designated pursuant to section 3(a)(iii) of E.O. 13846 for knowingly engaging in a significant transaction for the purchase, acquisition, sale, transport, or marketing of petrochemical products from Iran.  RAYYAN GAS and GAZ CRYSTAL are being identified as property in which MPHASIS MARINE SOLUTIONS FZE has an interest.

US

https://www.state.gov/releases/office-of-the-spokesperson/2026/02/sanctions-to-combat-illicit-traders-of-iranian-oil-and-the-shadow-fleet

2026-02-06

US

Executive Order 13846 of August 6, 2018 Reimposing Certain Sanctions With Respect to Iran

OFAC country specific

Iran

Other financial restrictions, Blocking Property, Suspending Entry, Trade sanctions

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

In accordance with his May 8, 2018 decision to cease the United States’ participation in the Joint Comprehensive Plan of Action (JCPOA) and to reimpose all of the U.S. sanctions lifted or waived in connection with the JCPOA, the President issued E.O. 13846 on August 6, 2018 to reimpose relevant provisions of E.O. 13574 of May 23, 2011; E.O. 13590 of November 20, 2011; E.O. 13622 of July 30, 2012; and E.O. 13645 of June 3, 2013, that had been revoked by E.O. 13716 of January 16, 2016. Consistent with guidance issued by the Department of the Treasury on May 8, 2018 , E.O. 13846 reimposes specified sanctions relating to Iran following relevant wind-down periods, i.e., on or after August 7, 2018 or November 5, 2018, depending on the activity involved. In addition, to provide clarity and consolidate relevant authorities into a single E.O., E.O. 13846 revokes E.O.s 13716 and 13628 and continues in effect sanctions authorities provided for in those E.O.s. E.O. 13846 also broadens the scope of certain provisions contained in those E.O.s, as outlined in FAQ 601 below.

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