U.S. sanctions Houthi-linked vessel Lady Sofia

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...


Vessel used in trades that funded Houthi arms hit by U.S. and U.K. sanctions

Houthi arms

As Houthi attacks on merchant ships continue with a seemingly abundant supply of Iranian weaponry, sanctions announced today by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC), in coordination with the United Kingdom, shed some light on how those Houthi arms are being funded.

Designated in the sanctions are Hong Kong ship operator Cap Tees Shipping Co. and the 1998-built, 15,084 dwt crude oil tanker Artura, which is said to have been involved in another saga of...


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