The Department of the Treasury’s Office of Foreign Assets Control (OFAC) yesreday sanctioned eighteen companies, individuals, and vessels for their ties to Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF)-backed Houthi financial official Sa’id al-Jamal and his network. Included in this action are the captains of vessels transporting illicit oil as well as the companies that managed and operated these ships.
The revenue from al-Jamal’s network continues to enable Houthi attacks in the...
More ships, vessel operators, and a ship’s captain have been sanctioned in a new round of U.S.Treasury sanctions targeting the Houthis and their Iranian enablers. Treasury’s Office of Foreign Assets Control (OFAC) says all were involved in the shipment of Iranian commodities, including oil and liquefied petroleum gas (LPG), to Yemen and the United Arab Emirates (UAE) on behalf of the network of Iran-based, Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF)-backed Houthi financial official...
Earlier this month, the U.S. Treasury designated the captains of two Houthi-linked tankers, both Indian nationals, in its moves against the Houthis. Now, Vyacheslav Salyga, a 53-year old Ukrainian national, has become the third tanker captain to be designated by OFAC sanctions targeting Houthi weapons procurement and funding networks.
Yesterday, OFAC (Treasury’s Office of Foreign Assets Control) designated two individuals and five entities that have facilitated weapons procurement for...
The captains of two Houthi-linked tankers, Vivek Ashok Pandey and Sandeep Singh Choudhary, both Indian nationals are among ten individuals, vessels and entities sanctioned by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) in its latest moves against the network of Houthi financial facilitator Sa’id al-Jamal. All are said to have engaged in the illicit transport of oil and other commodities.
The action targets maritime shipping and financial facilitators, the two...
Continuing to try to stem the flow of Iranian funding to the Houthis, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) took action March 15 against a Mumbai-headquartered, Marshall Islands-registered, shipping company Vishnu Inc., saying that its vessel, the Lady Sofia, has been involved in illicit shipments to the People’s Republic of China (PRC) in support of Iran’s Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF) and Houthi financial facilitator Sa’id...
https://www.marinelog.com/legal/safety-and-security/u-s-sanctions-houthi-linked-vessel-lady-sofia/
As the Houthi attacks that began with the hijacking of the Galaxy Leader continue to disrupt Red Sea shipping, the U.S. is moving to stem the flow of the Iranian money that is helping sustain those activities.
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today designated one individual and three entities that, it says, are responsible for facilitating the flow of Iranian financial assistance to Houthi forces,
Among those designated today is the head of the...