Singapore

Singa Tankers is a subsidary of Malaysian marine logistics service provider KBH Group

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"Singapore-based Singa Tankers was designated today pursuant to E.O. 13645 for providing material support to NITC.  Singa Tankers is also used by NITC to make urgent payments.  For instance, NITC provided funds to Singa Tankers for a tanker transport-related expense in September 2013.  Separately, Singa Tankers transferred funds to a non-Iranian foreign bank on behalf of NITC. Care was taken so that transfer details were not mentioned, specifically the name of the vessel or the Iranian nationality of the vessel’s owners." (U.S. Department of Treasury, " Additional Treasury and State Designations Targeting Networks Linked to Iranian WMD Proliferation and Sanctions Evasion," 12/12/13)

"Mid Oil Asia was designated today pursuant to E.O. 13645 for providing material support to  NITC.  E.O. 13645 broadens existing sanctions with respect to Iran, including imposing sanctions on persons that materially assist certain other persons whose property and interests in property are already blocked.  NITC was identified as part of the GOI in July 2012.  Singapore-based Mid Oil Asia is used by NITC to make NITC’s urgent payments in violation of international sanctions.  For example, Mid Oil Asia was used by NITC to transfer funds to an Egypt-based company and to ensure the payment documents did not mention the name of the vessels or Iran, the country which owned them." (U.S. Department of Treasury, " Additional Treasury and State Designations Targeting Networks Linked to Iranian WMD Proliferation and Sanctions Evasion," 12/12/13)

"Nature International is one of the external distributors of the Group’s [Mewah] products in a number of markets, such as, Iran, Puerto Rico, Russia, Sri Lanka, United Arab Emirates, as well as the USA. Nature International does not
manufacture, but instead purchases products from the Group for such distribution."

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"Wilmar International, the world's largest listed planter, and Mewah International, a $570 million edible oils processor - both listed in Singapore - are driving sales to Iran on long-term contracts, with Middle Eastern trading sources reporting premiums of up to $30 a tonne to the cash benchmark... Wilmar and Mewah dominate the trade with Iran where demand for high-value refined palm olein, used in cooking oil, can reach 500,000-700,000 tonnes a year. Wilmar sells to Saudi Arabian food company Savola, which buys palm oil to feed its edible oil processors in Iran, three Middle Eastern trading sources told Reuters...  Mewah last month shipped 75,310 tonnes of palm oil to Iran, its best month so far this year, shipping documents show.   'Mewah is the go-to person for Iran. It buys the palm oil from Malaysian firms and then sells it to Iran,' said a trading executive from a Malaysian plantation who deals with Mewah. 'They are established in the Iran trade and have deep pockets to withstand payment delays.'  Planters who have sent cargoes to Iran with Mewah include subsidiaries of IOI Corp, Kuala Lumpur Kepong and a Malaysian unit of Wilmar, cargo surveyor documents show. Officials at those companies declined comment... So far this year, shipping records show Mewah has exported 168,100 tonnes of palm oil from Malaysia to ports in Iran. Most cargoes are taken up by private Iranian buyers though state food procurement firm GTC is also an occasional buyer, traders said." (Reuters, "Beyond sanctions, Iran squeezed by higher edible oil costs," 4/29/2013)

"Wilmar International, the world's largest listed planter, and Mewah International, a $570 million edible oils processor - both listed in Singapore - are driving sales to Iran on long-term contracts, with Middle Eastern trading sources reporting premiums of up to $30 a tonne to the cash benchmark... Wilmar and Mewah dominate the trade with Iran where demand for high-value refined palm olein, used in cooking oil, can reach 500,000-700,000 tonnes a year. Wilmar sells to Saudi Arabian food company Savola, which buys palm oil to feed its edible oil processors in Iran, three Middle Eastern trading sources told Reuters. They said Wilmar demands a premium of $20-$30 per tonne to cover potential payment delays and interest charges. Wilmar said it does not comment on specific contracts. Savola did not respond to requests for comment. 'Savola is a one woman man. It sticks to one palm oil company to supply its refineries and it's Wilmar for the past few years,' said a Dubai trading source close to Savola... Planters who have sent cargoes to Iran with Mewah include subsidiaries of IOI Corp, Kuala Lumpur Kepong and a Malaysian unit of Wilmar, cargo surveyor documents show. Officials at those companies declined comment. Shipping documents obtained by Reuters show Wilmar exported at least 114,000 tonnes of refined palm oil to Iran from the Indonesian island of Sumatra alone last year. In January of this year, Wilmar shipped another 10,700 tonnes to Iran from Sumatra. 'Wilmar doesn't do high stakes gambling. So it has taken a corporate guarantee from Savola's head office in Saudi Arabia,' said a Southeast Asian trading source who has done deals with Savola. 'It's become standard practice.'... With more than half a million hectares of oil palm estates in Indonesia and Malaysia, Wilmar makes most of its sales, and profits, from trading with India and China." (Reuters, "Beyond sanctions, Iran squeezed by higher edible oil costs," 4/29/2013)

"Singapore shipping company Pacific International Lines (PIL) has ceased acceptance of cargoes in and out of Iran.

What is more, the shipping company has terminated all calls to Iran." (Offshore Energy, "PIL Terminates Vessel Calls to Iran due to US Sanctions," 10/15/18)

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"The Islamic Republic of Iran Shipping Line (IRISL) has penned a Memorandum of Understanding with Singapore-based counterpart Pacific International Lines (PIL), Iran’s Mehr News Agency reports. Under the MoU, the two countries laid the groundwork for collaboration in the field of maritime transport, including through establishment of feeder lines in South East Asia, Southern Asia, the Middle East, the Black Sea and other regions, along with cooperation in ship construction and technology transfer." (March 4, 2016).

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Operates as a liner in Iranian ports.  (Ports and Maritime Organization: Shipping Lines which operating in Iranian Ports)

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"Taiwanese lines Evergreen and Yang Ming Marine said they had pulled out, while Singapore's Pacific International Lines has also cut ties along with two top South Korean shipping firms." (Reuters, "Chinese Firms Drop Iran as Latest U.S. Sanctions Bite," 7/1/2013)

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Listed by the Iranian Ports and Maritime Organization as doing business with the Iranian company Delta.  (Ports & Maritime Organization: Companies Affairs Department: Liners)

On June 30, 2020, the Mississippi Department of Finance & Administration identified Kuo Oil as a company “engaged in investment activities in Iran, providing funds, goods or services valued at $20,000,000 or more in the energy sector of Iran.” 

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In 2017 the U.S. state of Mississippi listed Kou as an Iran restricted company rendering Kou ineligible for investment and/or state contracting.

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"Some firms on the list already are the targets of federal sanctions. They include the state-run Petroleos de Venezuela, the Belorussian firm Belarusneft, China's Zhuhai Zhenrong Co., Singapore's FAL Oil Co. and Kuo Oil, and Switzerland-based Naftiran. Others, including Angola's Sonangol, reportedly have pulled out of Iran in response to international sanctions." (The Baltimore Sun, "22 companies are listed for alleged Iran ties, sanctions," 9/17/2012)

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"Iran's fuel oil exports fell nearly 50 percent from May to June, according to industry sources, adding to declines earlier this year and to the strain on Tehran's finances as sanctions have hit its oil trade…Western sanctions do not specifically ban the purchase of Iran's fuel oil but instead target the financing and shipping insurance needed to buy and transport Iranian cargoes, creating difficulties for would-be customers that effectively have slashed trade with Iran.

No one is willing to insure any Iran-related oil cargo,' a Gulf-based trader said. 'Plus the trade has to be in any other currency than the dollar.'

The United States has blacklisted some companies due to their business links with Iran, including United Arab Emirates-based Fal Oil and Singapore's Kuo-Oil, once lifters of Iranian fuel oil." (Reuters, "Iran fuel oil exports plummet in June-industry data," 7/12/12)

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"The US state department announced late on Thursday that penalties would be imposed on China’s Zhuhai Zhenrong, the Singapore-based oil trader Kuo Oil, and the United Arab Emirates-based independent oil trader FAL." (Financial Times, "US sanctions Chinese oil trader," 1/13/2012)

"Indian fertilizer importer and producer Rashtriya Chemicals and Fertilizers  (RCF) has made an award to trader Transfert under its 4 August sulphur tender, sources said on Friday. The tender was for 9,000 tonnes of sulphur for shipment to Mumbai by the end of August. Transfert won the tender after submitting the lowest offer at $135/tonne (€105/tonne) CFR (cost and freight) for 10,000 tonnes of granular sulphur from Iran. The other offer was by trader Swiss Singapore at $147.50/tonne CFR." (Chemical News & Intelligence, "India's RCF awards sulphur tender to Transfert," 8/13/10)

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"Indian Potash Ltd has issued awards totalling 350,000-355,000 tonnes under its latest urea purchase tender, market sources said on Tuesday. Indian Potash closed a tender on 25 June for an unspecified quantity of urea. According to traders, the company made the following awards: * 125,000 tonnes to Swiss Singapore at $254.45-255.45/tonne (€206.11-206.92/tonne) CFR (cost and freight) * 200,000 tonnes to Emmsons at $254.50/tonne CFR * 25,000-30,000 tonnes to Rare Earth at $258.37/tonne CFR. The bulk of the urea will be supplied from Iran, sources said. Freight from the Arabian Gulf to India's west coast is estimated at slightly below $20/tonne, suggesting a netback in the mid-$230s/tonne FOB (free on board) Iran." (Chemical News & Intelligence, "Indian Potash issues awards to traders under urea tender," 6/29/10)

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"Iranian sulphur prices have increased $40/tonne (€25/tonne) and hit a new record high following an award under National Iranian Gas Co.'s 22 April sales tender, trader sources said on Thursday. NIGC sold 30,000 tonnes of granular sulphur at around €445/tonne FOB (free on board), equivalent to around $706/tonne FOB.  The buyer was undisclosed, but is believed to be either Swiss Singapore or Havi, and the cargo will be shipped from the Gulf port of Assaluyeh in the first half of May to an as yet unknown destination." (Chemical News & Intelligence, 
"Iranian sulphur sold at record at $706/t," 4/24/08)

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"Fertilizers and Chemicals Travancore Limited (FACT) a major Indian government enterprise, has received two offers under the buy tender for 45,000-54,000 tonnes of sulphur, fertilizer trader sources said on Monday.
Fertilizer trader company Transfert offered two cargoes at $224/tonne FOB (free on board) or $242/tonne CFR (cost and freight) with 180s days' credit. The trader indicated product origin would be Kuwait, Iran or from the United Arab Emirates. Rival fertilizer trader Swiss Singapore offered all three cargoes at $220.70/tonne FOB or $238.80/tonne CFR with 180 days' credit. Product origin was either Middle East or Iran, at the seller's option." (Chemical News & Intelligence, "Offers received against Indian sulphur tender," 8/20/07)

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"Iranian sulphur prices have hit a new high following the sale of a cargo at around $110/tonne ((€O)81/tonne) FOB (free on board), market sources said on Thursday. National Iranian Gas Company (NIGC) sold 30,000 tonnes of granular sulphur to trader Transfert for June shipment from Assaluyeh. The destination is currently open, but the cargo is likely to be shipped to China, sources said. This followed a sale of 20,000-25,000 tonnes by Kharg Island Petrochemical Co at around $107/tonne FOB last week to a trader, thought to be Swiss Singapore, for shipment to China." (Chemical News & Intelligence, "Iran sulphur rises to $110/tonne," 5/17/07)

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"Fertilizers and Chemicals Travancore Limited (FACT) has awarded its 25 September sulphur tender to Swiss Singapore at the offered price of $68.70/tonne cost and freight (CFR) cash, an official at the Indian fertiliser manufacturer said on Wednesday. The offer was around $1/tonne lower than the price at which FACT
awarded its last tender, held on 18 July. FACT received three offers for its tender for three 15,000 tonne
cargoes of sulphur for delivery to its plants in Cochin, India on 17-20 October, 9-12 November and 22-25 November. The lowest offer came from Swiss Singapore, which intended to ship the sulphur from the Middle East or Iran." (Chemical News & Intelligence, "Swiss Singapore wins FACT India sulphur tender," 9/27/06)

"Open sources reported that Hin Leong Trading sold refined petroleum products, including diesel and gas oil, to Iran in 2009." (U.S. Government Accountability Office, Report: "Firms Reported in Open Sources to Have Sold Iran Refined Petroleum Products between January 1, 2009 and June,")