Shipping

Tanker Pacific

Industry
Shipping
Country
Singapore
Sources

"The companies — Singapore's Tanker Pacific Management, Monaco's Société Anonyme Monégasque D'Administration Maritime Et Aérienne and Liberia's Allvale Maritime Inc. — had been involved in a 2010 transaction that provided a tanker worth $8.65 million to Iran's state shipping line, a deal that violated the Iran Sanctions Act." (Associated Press, "US Ends Iran-Related Sanctions on 3 Maritime Firms," 4/12/2013)

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"Secretary of State Hillary Rodham Clinton has decided to impose sanctions on seven companies under the Iran Sanctions Act (ISA) of 1996, as amended by the Comprehensive Iran Sanctions, Accountability, and Divestment Act (CISADA) of 2010, for their activities in support of Iran's energy sector. These companies are PCCI (Jersey/Iran), Royal Oyster Group (UAE), Speedy Ship (UAE/Iran), Tanker Pacific (Singapore), Ofer Brothers Group (Israel), Associated Shipbroking (Monaco), and Petróleos de Venezuela (PDVSA) (Venezuela)."

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"Tanker Pacific (Singapore), Ofer Brothers Group (Israel), and Associated Shipbroking (Monaco): These companies are being sanctioned for their respective roles in a September 2010 transaction that provided a tanker valued at $8.65 million to the Islamic Republic of Iran Shipping Lines (IRISL), an entity that has been designated by the United States, and the European Union for its role in supporting Iran's proliferation activities.

  • We believe that Tanker Pacific and Ofer Brothers Group failed to exercise due diligence and did not heed publicly available and easily obtainable information that would have indicated that they were dealing with IRISL. The Secretary will hold companies accountable, as required by the ISA, when they know or “should have known” they were providing sanctionable goods or services to Iran. With the imposition of today’s sanctions, Tanker Pacific and Ofer Brothers Group are barred from securing financing from the Export-Import Bank of the United States, from obtaining loans over $10 million from U.S. financial institutions, and from receiving U.S. export licenses." (U.S. Department of State. "Seven Companies Sanctioned Under the Amended Iran Sanctions Act," 5/24/11)

Ofer Brothers Group

Industry
Shipping
Country
Israel
Sources

Now known as XT Group.

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"Secretary of State Hillary Rodham Clinton has decided to impose sanctions on seven companies under the Iran Sanctions Act (ISA) of 1996, as amended by the Comprehensive Iran Sanctions, Accountability, and Divestment Act (CISADA) of 2010, for their activities in support of Iran's energy sector. These companies are PCCI (Jersey/Iran), Royal Oyster Group (UAE), Speedy Ship (UAE/Iran), Tanker Pacific (Singapore), Ofer Brothers Group (Israel), Associated Shipbroking (Monaco), and Petróleos de Venezuela (PDVSA) (Venezuela)." (U.S. Department of State News)

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"Tanker Pacific (Singapore), Ofer Brothers Group (Israel), and Associated Shipbroking (Monaco): These companies are being sanctioned for their respective roles in a September 2010 transaction that provided a tanker valued at $8.65 million to the Islamic Republic of Iran Shipping Lines (IRISL), an entity that has been designated by the United States, and the European Union for its role in supporting Iran's proliferation activities.

We believe that Tanker Pacific and Ofer Brothers Group failed to exercise due diligence and did not heed publicly available and easily obtainable information that would have indicated that they were dealing with IRISL. The Secretary will hold companies accountable, as required by the ISA, when they know or “should have known” they were providing sanctionable goods or services to Iran. With the imposition of today’s sanctions, Tanker Pacific and Ofer Brothers Group are barred from securing financing from the Export-Import Bank of the United States, from obtaining loans over $10 million from U.S. financial institutions, and from receiving U.S. export licenses." (U.S. Department of State. "Seven Companies Sanctioned Under the Amended Iran Sanctions Act," 5/24/11)

MISC Berhad

Industry
Shipping
Symbol
KLSE: MISC
Country
Malaysia
Contact Information
Sources

On September 19, 2007, MISC was added to the Florida State Board of Administration List of Prohibited Investments (Scrutinized Companies) due to its involvement in Iran. As of March 9, 2021, MISC remains on the SBA list of prohibited investments. 

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"MISC Bhd. is a Malaysian shipping company that is linked to Iran through its parent company, Petronas, a “Divested and Restricted” company. In 2009, CalSTRS designated MISC Bhd. as “Divested and Restricted” and maintained that status in 2020."

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 As of May 28, 2020, the Florida State Board of Administration (“SBA”) continues to list MISC on its list of “Scrutinized companies with Activities in the Iran Petroleum Energy Sector.”

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On January 13, 2020, the South Dakota Investment Council submitted a report to the Executive Board of the Legislative Research Council regarding compliance with SDCL 4-5-48 to 4-5-60, Iran Divestiture. Included in this report is an Iran Scrutinized Companies list of all prohibited investments for which the internal managers and direct external managers are instructed not to purchase any company on the list. MISC is included on this list.  

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As of December 31, 2019, the Alaska Retirement Management Board lists MISC as a company doing material business with Iran.  

In 2009, the California State Teachers’ Retirement System (“CalSTRS”), designated MISC Bhd. As “Divested and Restricted” for being linked to Iran through its parent company, Petronas, a “Restricted” company. CalSTRS maintained that designation in 2019.  CalSTRS and CalPERS are the top two largest public pension funds in the United States with more than $550 billion in total assets under management combined. 

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MISC is listed on the June 4, 2019 and July 12, 2019 Florida State Board of Administration list of prohibited investments (Scrutinized companies) for Iran related business.

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MISC is listed on the June 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list.

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MISC is listed on the March 2019 Alaska Retirement Management Board, Companies Doing Material Business with Iran list.

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MISC Bhd. is a Malaysian shipping company that is linked to Iran through its parent company, Petronas, a “Restricted” company. MISC is listed on the December 31, 2018 CalSTRs Portfolio of companies identified as possibly having ties to Iran and from which CalSTRs has divested from and restricted in 2018. In 2009, CalSTRS designated MISC Bhd. as “Divested and Restricted” and has maintained that designation in 2018.

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In 2017 the U.S. states of Alaska, Florida, Mississippi, Texas listed MISC Bhd on its list of companies doing material business with Iran rendering MISC Bhd ineligible for investment and/or state contracting.

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As of October 4, 2008, CalSTRS' portfolio was free of MISC Bhd who is subject to the most severe restrictions under the law due to its ties or possible ties to Iran.

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In 2018 the U.S. state of Ohio listed MISC Bhd on its list of companies doing material business with Iran rendering MISC Bhd ineligible for investment and/or state contracting.

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

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MISC Berhad is the leading international shipping line of Malaysia. MISC Berhad operates a young fleet of over 100 vessels, specializing in the shipping of energy products such as liquefied natural gas and petroleum (Company Website). 

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In 2013, 2014, 2015, 2016 and 2017 MISC was listed on the Texas Pension Review Board List of Scrutinized Companies doing business in Iran pursuant to Chapter 807.054, Government Code.  

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MISC Berhad ships cargo to the Iranian port of Bandar Abbas, and describes its specific shipping policy for the port on its website. The company lists three other ports of call in Iran on its website - Asaluyeh, Bandar Mashahr, and Bandar Khomeini. MISC Berhad has been targeted for divestment by Florida State Board of Administration over its activities in Iran.

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Malaysian police said Friday that they had found equipment they suspect could be used to make nuclear weapons smuggled on board a ship headed to Iran. National police chief Ismail Omar told The Associated Press that the cargo was seized from a Malaysian-registered ship traveling from China to Tehran while it was docked at a central Malaysia harbor. Authorities are investigating whether the equipment could be used to make nuclear weapons. Malaysian International Shipping Corp. confirmed in a statement to the AP that police confiscated two containers from the MV Bunga Raya Satu on March 8. It said a freight forwarder had declared the contents as 'goods used for liquid mixing or storage for pharmaceutical or chemical or food industry' ...  The Malaysian shipping company said the vessel continued its journey without the seized items March 9." (The Washington Post, "Malaysian ship smuggling equipment with possible nuclear link was headed to Iran, police say," 3/18/11)

Gottwald

Industry
Shipping
States
FL
Country
Germany
Contact Information
Sources

 

Gottwald manufactures equipment for material handling in ports and harbors, specializing in cranes. As of 2007, it was the world’s 14th largest crane manufacturer. The company is based in Dusseldorf, Germany and is a subsidiary of Demag Cranes AG. 

In 2003, a company press release disclosed that Gottwald exported three mobile harbor cranes to the Iranian Ports and Shipping Organization. Gottwald maintains a sales and service center in Dubai which services Iran.

 

 

 

Hyundai Heavy Industries

Industry
Construction, Manufacturing, Shipping
Value of USG Contracts
39
Value of USG Contract Source
http://usaspending.gov/explore?fromfiscal=yes&fiscal_year=2010&contractorid=298145&fiscal_year=&tab=By+Prime+Awardee&fromfiscal=yes&carryfilters=on&Submit=Go
Symbol
KRX: 009540
States
FL
NJ
TX
Country
South Korea
Sources

As of October 29, 2021, Korea Shipbuilding & Offshore Engineering Co, the parent company of Hyundai Heavy Industries, is listed on Pennsylvania Treasury's List of Scrutinized Companies Determined as Having Involvement In Iran because of oil-related investment of US $20 million since 1996. Hyundai Heavy Industries is not listed.

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As of July 1, 2021, Korea Shipbuilding & Offshore Engineering Co is not listed on Mississippi's list of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors.

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"The company, through a sub-holding company, was reported as potentially having entered into a contract to build ships for an Iranian state-owned shipping company. CalPERS moved the company into “monitor” status in 2018. News reports in 2018 cite a source at the company as confirming no ships have been delivered under the contract, and that “it is impossible for [the company] to deliver the ships with U.S. sanctions back in position.” CalPERS has maintained the company in “monitor” status for 2020. CalPERS continues to monitor the company for possible changes in status relevant to the Act."

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In 2020, the U.S. state of Mississippi listed Hyundai Heavy on its state lists of Companies Doing Business with the Iranian Petroleum/Natural Gas, Nuclear and Military Sectors, rendering it ineligible for investment and/or state contracting.

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As of October 2019, Hyundai Heavy Industries remains on the Pennsylvania Treasury's List of Scrutinized Companies Determined as Having Involvement In Iran because of oil-related investment of US $20 million since 1996. 

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Iranian oil, gas, petrochemical and energy firm, Nirou Taban Spadana Company (“Nirou Taban) claims to sell products of Hyundai Heavy. 

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"In December 2016, signed a $760 million contract with the Islamic Republic of Iran Shipping Lines (IRISL) to build four 14,500 20-foot equivalent unit (TEU) container ships and six 49,000-ton tankers for petrochemical products; tankers were built by its affiliate, Hyundai Mipo Dockyard; is taking a “wait-and-see approach” noting that it will be impossible to deliver the ships to Iran under U.S. sanctions." ("Mazda, Hyundai Leave Iranian Market, Affecting Cars and Shipping," Radio Farda, June 13, 2018.

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"Managing Director of the Islamic Republic of Iran Shipping Lines Mohammad Saeedi said on Saturday the first of 10 new ships ordered by his company from Hyundai Heavy Industries will be delivered in March 2018." (December 2017)

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In 2017 the U.S. state of California listed Hyundai Heavy Industries as a company under review for potentially having entered into a contract to build ships for an Iranian state-owned shipping company.

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In 2017 the U.S. state of Pennsylvania, Mississippi, South Carolina and Tennessee listed Hyundai heavy., on its Iran scrutinized list for an oil related involvement of at least US $20 million since 1996, rendering Hyundai Engineering & Construction ineligible for investment and/or state contracting. 

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In 2016 Tennessee used the South Carolina list of "Entities Ineligible to Contract with the State of South Carolina or any Political Subdivision of the State per the Iran Divestment Act of 2014, S.C. Code Ann." as its list of persons it determines engage in investment activities in Iran. Hyundai Heavy was included on this list in 2016. "Inclusion on this list would make a person ineligible to contract with the state of Tennessee, if a person ceases its engagement in investment activities in Iran, it may be removed from the list."

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In 2016, Hyundai Heavy Industries was added to the Pennsylvania Treasury's List of Scrutinized Companies Determined as Having Involvement in Iran because of oil-related investment of US $20 million since 1996 and new involvement was identified.

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Hyundai Heavy Industries Co. received a $700 million order to build 10 ships for Iran’s state-owned shipping company in a deal that signifies the Middle Eastern country’s return to the international market after a decade. The deal is part of plans by Islamic Republic of Iran Shipping Lines and Iranian Offshore Oil Co., a subsidiary of state oil company National Iranian Oil Co., to spend a total of up to $2.5 billion to modernize their fleets. Iranian shipping companies haven’t modernized their fleets since 2006, when the United Nations imposed wide-ranging sanctions against Tehran over its uranium-enrichment program... “This marks Iran’s first ship order since international sanctions were lifted early this year. Hyundai plans to provide technical support for Iran to run its shipyards as well,” the South Korean company said Sunday. (Wall Street Journal, "Hyundai Heavy Gets $700 Million Deal to Build 10 Ships for Iran Shipping Lines," 12/10/2016).

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"Iran’s state-owned shipping company is in advanced talks with Korean shipyard Hyundai Heavy Industries Co. for a $650 million order of container ships and tankers, people involved in the talks said, marking Iran’s return to the international market after a decade. The deal may be announced as early as this week and is part of plans by Islamic Republic of Iran Shipping Lines and Iranian Offshore Oil Co., a subsidiary of state oil company National Iranian Oil Co., to spend a total of up to $2.5 billion to modernize their fleets. A Hyundai Heavy spokesman said Monday that Islamic Republic of Iran Shipping Lines, or IRISL, was in talks with the shipyard over a 10-ship order, but gave no details. Iranian shipping companies haven’t modernized their fleets since 2006, when the United Nations imposed wide-ranging sanctions against Tehran over its uranium-enrichment program." (The Wall Street Journal, "Iran Shipping Lines Close to $650 Million Korean Order," 12/5/2016).

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Hyundai Oilbank and Hyundai Corporation are subsidiaries of Hyundai Heavy.

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"Iran said on Saturday that a deal has been reached with South Korea to launch a joint shipbuilding venture between the two countries. The venture will be established between Iran Shipbuilding and Offshore Industries Complex Company (ISOICO) and Hyundai, IRNA reported. ISOICO Managing Director Hamid Rezaian has emphasized that the related consultations as well as key agreements for the move have already been taken care of... Rezaian had announced in late November that ISOICO is looking into partnerships with major international shipbuilders including Hyundai and Germany's Nordic Yards Wismar." (Press TV, "Iran, South Korea to launch shipbuilding JV," 12/5/15) 

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On March 24, 2015, Florida State Board of Investments removed Hyundai Heavy Industries from the Iran Continued Examination list during the quarter.

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"None of the firms targeted are based in the United States. Only one name might appear familiar to American consumers: Hyundai Heavy Industries, the world's largest shipbuilder. However, that company has no connection to the similarly named automaker, said Jim Trainor, a spokesman for Hyundai Motor Co. The group United Against Nuclear Iran has criticized Hyundai Heavy Industries for its dealings with Iran and has faulted the Obama administration for failing to put it on the sanctions list." (The Baltimore Sun, "22 companies are listed for alleged Iran ties, sanctions," 9/17/2012)

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Hyundai Heavy Industries is the world's largest shipbuilder, with a 15% world market share. It also manufactures a variety of industrial, construction, and electrical equipment (Company Website). 

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Hyundai Heavy Industries has received numerous contracts to provide manufactured goods to Iran over the past six years. In 2004, HHI received an $18 million contract to provide construction equipment including excavators and wheel loaders to assist in the development of Iran's South Pars gas field. 

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In 2007, HHI received a $54 million contract to upgrade a refinery owned by the National Iranian Oil Engineering and Construction Co, a state-owned entity. And as recently as 2009, HHI received a contract to provide six high-pressure pump units to outfit an Iranian power plant.

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In 2005, HHI together with Daewoo Shipbuilding received a $1 billion contract from the state-owned National Iranian Oil Tanker Co to build 10 oil tankers (Bloomberg). At the contract’s issuance, NIOTC officials planned to order another 35 vessels for 2010; the status of this order is unknown. Each tanker is capable of carrying 2 million barrels of crude, providing a massive increase in shipping capacity for the Iranian petroleum industry.

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HHI owns a controlling stake in the Hyundai Corporation, a general trading company specializing in a wide variety of shipping, industrial, chemical, and electrical products. Hyundai Corp signed a $1.9 billion contract to provide Iran with materials “in the fields of shipbuilding, machinery, steel & metal, chemicals, home appliances, etc.” Hyundai Corp’s Tehran Office website contains a Major Products section, which contains a litany of sensitive products with wide applicability in the Iranian energy, petroleum, and even defense industries. This products include: oil tankers, LNG carriers, diesel engines, signaling systems, optical cables, conductor wires, high voltage cables, transmission cables, steel, aluminum, zinc, polypropylene, other chemicals, and consumer electronics. 

Swiss Singapore

Industry
Shipping
Country
Singapore
Contact Information
Sources

"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)

 

Evergreen Marine Corporation

Industry
Shipping
Symbol
TT: 2603
Country
Taiwan
Contact Information
Sources

Lists Iranland Services Shipping Agency as a global agent in Tehran and Bandar Abbas.

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"Now, other companies operating at Iranian ports are in the crosshairs, including Evergreen Marine (Taiwan), Pacific International Lines (Singapore), Regional Container Lines (Thailand), Maersk (Denmark), Ignazio Messina (Italy), and Hyundai (Korea)." (June 26, 2017)

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"So despite concerns over regulation and reputation, that opportunity explains the caravan of container carriers that started resuming service to Iran back in January. The Iranian port at Bandar Abbas now welcomes ships from Evergreen, Hyundai, OOCL, Hanjin, “K” Line, KMTC, X-Press, Yang Ming, and many more..." (Global Trade, "Transportation/Logistics:Iran is Back Open for Business," 11/1/2016).

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“Fourteen international shipping lines have returned to Iranian ports following the implementation of the Joint Comprehensive Plan of Action (the formal name of the nuclear deal signed by Iran with the West), the deputy head of Ports and Marine Organization of Iran said. Mediterranean Shipping Company, the world’s second-largest shipping line in terms of container vessel capacity, and Evergreen Line are among the top shipping lines engaged in economic interactions with Iranian ports,” he said.(Financial Tribune, "Int'l Shipping Lines Back to Iran," 9/27/2016).

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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," 07/01/2013)

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On June 23, 2011, the U.S. Treasury Department sanctioned Tidewater Middle East Co. (“Tidewater”), Iran’s major port operator, because the IRGC owns it and uses it for illicit activities including weapons shipments. (U.S. Department of the Treasury Press Center, “Treasury Sanctions Major Iranian Commercial Entities,” 6/23/11)  The EU followed with its own sanctions against Tidewater on January 23, 2012. (Official Journal or the European Union: Council Decision 2012/35/CFSP)
 

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

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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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Uses Tidewater Middle East Co.’s private terminals in the Shahid Rajaee Port Complex. (Tidewater: Reflection of Tomorrow)

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Evergreen has an American subsidiary called Evergreen Shipping Agency Co.

Response

Now Evergreen would confirm all business activities in Iran have been terminated completely in compliance with "Reimposition of U.S. Sanctions On Iran." 

Hoegh Autoliners

Industry
Automotive and Shipping
Symbol
NYSE: HMLP
States
CA
FL
IL
MD
NY
NC
SC
TX
WA
Country
Norway
Contact Information
Sources

 The Europe to the Middle East and India trade combines main load ports in Europe with destinations in the Red Sea, Persian Gulf and India. Apart from our direct ports in the Middle East area, we also serve Iran and Iraq on a transhipment basis, utilizing our own tonnage from Jebel Ali. With the extensive Höegh network, we can furthermore offer shipment out of several Mediterranean ports to the Middle East.

 The main destinations in the Red sea and the Persian Gulf are served with an average frequency of two sailings per month. Exceptions are Aqaba - Jordan and Mersin - Turkey, which are served on a monthly basis. Iran and Iraq are also served monthly, but with transhipment. Destinations in India are presently called upon on a monthly basis. (Company Website)

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Höegh Autoliners and A.P. Moller – Maersk A/S has announced their agreement for A.P. Moller – Maersk A/S to become a shareholder in Höegh Autoliners holding 37.5 per cent of the shares effective from 1 January 2008. Leif Höegh & Co Limited will retain the position as majority shareholder in Höegh Autoliners. At the same time Höegh Autoliners acquires A. P. Moller - Maersk’s fleet of 18 car carriers (including six newbuildings). (Company Website)

 

Maersk (AP Moller-Maersk Group)

Industry
Energy, Shipping
Value of USG Contracts
4284
Value of USG Contract Source
http://www.usaspending.gov/explore?fromfiscal=yes&fiscal_year=2005&contractorid=247004&fiscal_year=&tab=By+Prime+Awardee&fromfiscal=yes&carryfilters=on&Submit=Go
Symbol
CPH: MAERSK
States
NJ
Country
Denmark
Sources

In December 2020 and January 2021, in two separate incidents, UANI alerted Maersk that their tankers were about to take on oil whose origin in Iran had been concealed. Maersk thereby halted the STS transfers. (Reuters, "Shipping Industry seeks to combat dark oil transfers at sea," July 13, 2021).

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A.P. Moller-Maersk has changed the route its ships sail through the world’s busiest transit lane for seaborne oil shipments, citing safety concerns amid a rapid series of escalations between the U.S. and Iran. We have multiple assets, ships (and) people, crossing the Strait of Hormuz every day, every week. So far, we have not stopped serving the area (but) we have changed the path that the ships sail so we have changed the route.” (CNBC, "The World's largest shipping firm has altered its route through the Strait of Hormuz amid rising tensions," 7/20/2019).

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Shipping group A.P. Moller-Maersk on Thursday joined a growing list of companies preparing to call a halt to doing business with Iran, casting doubts on whether European leaders can keep alive a nuclear deal with Tehran.Maersk Chief Executive Soren Skou said: “With the sanctions the Americans are to impose, you can’t do business in Iran if you also have business in the U.S., and we have that on a large scale.” “I don’t know the exact timing details, but I am certain that we’re also going to shut down (in Iran),” Skou told Reuters in an interview following Maersk’s first-quarter earnings." (5/17/2018).

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"Denmark’s Maersk Line said separately it had ceased acceptance of the specific cargoes listed by the U.S. Treasury this week.“Our presence in Iran is limited. We will monitor the developments to assess any impact on our activities,” Maersk Line added." (5/12/2018)

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"Maersk Line has expanded its footprint in Iran by adding a second port of call less than three months after it resumed services to the country following the lifting of sanctions imposed on Tehran because of its nuclear program. The Danish carrier, which suspended services in 2012, has added the port of Bushehr to its Iran coverage, which was relaunched with calls to Bandar Abbas in October. Maersk, which also has an office in Tehran, the Iranian capital, said it selected the port because it is the largest gateway for transportation of goods in the province of Bushehr, with an annual throughput of seven million tons. The port of Bushehr can provide all containerized cargo services and, most significantly, refrigerated products." (JOC, "Maersk adds second Iranian call," 1/12/2017).

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"We are excited to announce that we have reinstated our services in Iran. This means that our customers can once again utilise our global network, large fleet of vessels and equipment, weekly departures, superior transit times and innovative suite of e-business solutions, both to and from Iran, subject to country specific regulations... At Maersk Line, we recognise the strong potential of the Iranian market and the crucial role it has in global trade. Marcus Connolly, Head of Sales, UAE Cluster, reaffirms “It is hugely exciting that after a 5 year absence, we are again able to offer Maersk Line services to customers to and from Iran. After a period of relative isolation, access to this new market will present significant growth opportunities for Maersk Line in a market that today represents approximately 700,000 FFE but is expected to grow significantly in the coming years.” (Maersk Line, "Maersk Line Returns to Iran," 10/24/2016).

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"Maersk Oil, the oil division of Danish group A.P. Moller-Maersk said on Thursday it had signed a memorandum of understanding with the National Iranian Oil Company (NIOC) to "explore opportunities for future cooperation". Maersk said it could not elaborate further. But NIOC Deputy Head for Development and Engineering Gholamreza Manuchehri told Iran's Mehr newsagency the talks concerned the second phase of development of the offshore South Pars field." (Reuters, "Maersk Oil in talks with Iran over oil fields," 10/20/2016).

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"Tougher conditions led to AP Moller-Maersk's Maersk Line, the world's biggest container company, pulling out entirely from Iran last year, joining an exodus including the world's number two and three MSC and CMA CGM and smaller groups like Germany's Hapag-Lloyd." (Reuters, "Iran faces fresh trade heat as more shipping firms exit," 5/7/2013) 

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"Maersk Line, the world's biggest container shipping company, has stopped port calls to Iran as Western sanctions pressure on the Islamic Republic mounts, a spokeswoman said on Tuesday... 'Maersk Line has ceased to call in Iran,' a spokeswoman for the unit of Danish group A.P. Moller-Maersk said... 'To date, Maersk Line's business in Iran has involved transporting foodstuffs and other goods, for example vehicles, for the benefit of the general civilian population. It is with regret that it is ceasing these activities,' the spokeswoman said. 'Maersk Line will maintain a dormant business entity in Iran and will look to resume business should the sanctions regime be eased.'... Since 2011, it has called at the small northern Iranian container port of Bushehr. The spokeswoman said Maersk Line halted loading cargo bound for Bushehr on September 30 and stopped loading outbound cargo from Bushehr on September 24. 'Maersk Line ceased its acceptance to all other ports than Bushehr in 2011,' the spokeswoman said. 'The discontinuation of services to and from Bushehr unfortunately reflects the difficulties servicing Iran as a whole.'" (Reuters, "Top shipping line Maersk says halts Iran service," 10/9/2012)

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"Danish oil and shipping group A.P. Moller Maersk says it will talk to Vitol to determine whether one of its tankers was used by the trading house to ship Iranian fuel oil. The Maersk Producer, a tanker chartered by Vitol from Maersk, received a fuel oil cargo of Iranian origin on Sept. 8, according to a document seen by Reuters. The cargo was transferred aboard the Danish tanker from Vitol's floating storage off Malaysia, the document shows, and shipped to storage in Singapore. Vitol admitted last week its Bahrain office had bought the Iranian fuel oil but said it had now ordered a stop to all trade with Iran, which is under European and U.S. oil and financial sanctions. Based in Switzerland and trading the oil from Bahrain, Vitol did not contravene sanctions... 'Not at any point did we know that the vessel would be used to transport oil under embargo and we will bring this up for discussion with Vitol at the highest level,' said Per Juul, managing director of the agent for Maersk, in an e-mail response to questions. 'If it is confirmed that it was Iranian oil the consequences will have to be discussed with Vitol...we have contacted our insurance company about this issue.' A spokesman for Vitol said the company would 'cooperate fully' in any talks with Maersk." (Reuters, "Danish shipper asks Vitol if tanker used for Iran oil," 10/3/2012)

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"Danish shipping and oil company A.P. Moller-Maersk has suspended new oil tanker deals with Iran due to European Union sanctions which will embargo imports of oil from the Islamic Republic into the bloc, a senior Maersk official told Reuters on Wednesday... 'As of 24 Jan 2012, all new fixtures involving Iran and all carriages of products with Iranian origin have been suspended,' said Henrik Ramskov, chief operating officer with Maersk Tankers, a unit of the Maersk group and one of the world's top tanker operators... A Maersk spokesman said its tanker unit made 14 Iran related voyages in 2011, 'representing a miniscule part of their activity.'" (Reuters, "Maersk suspends oil tanker trade deals with Iran," 2/8/2012)

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"The U.S. move led the world's top container player Maersk Line to suspend operations at several Iranian ports including Bandar Abbas... Danish shipping and oil group A.P. Moller-Maersk , which owns Maersk Line, said it was still engaged in business with Iran including the transport of provisions, natural gas and crude oil as well as bunker fuel supply to Maersk-related vessels, in compliance with sanctions. 'The group has and continues to update a comprehensive compliance program involving all relevant foreign trade controls,' it said." (Reuters, "Sanctions blowback crippling Iran's shipping trade," 12/1/2011)

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"The world's largest container firm suspended operations at several Iranian ports on Thursday, potentially disrupting critical food shipments as it complies with tightening U.S. sanctions. Maersk line, a unit of A.P. Moller-Maersk, manages several refrigerated ships and container vessels that transport food to the country, including wheat, rice and bananas from Asia. Shipments could be delayed for weeks as Maersk adjusts its operations in the Middle East, analysts said... The United States last week blacklisted Tidewater Middle East Co. and prohibited U.S. entities from any transactions with the major Iranian port operator, which manages over 90 percent of the country's container operations. 'Maersk Line is committed to complying with all relevant foreign trade controls and sanctions programmes,' said Morten Engelstoft, chief operating officer for Maersk Line in a statement on Thursday. 'In this connection, Maersk Line has decided to cease acceptance of, business to and from the Iranian ports of Bandar Abbas, Bandar Khomeini and Asaluyeh.' ... Maersk operates in other Iranian ports and could also divert shipments to Dubai, partnering with other companies that are not bound by U.S. sanctions aimed at curtailing Iran's alleged nuclear weapons programme... Tidewater-managed ports have been used to export arms or handle related material in violation of U.N. Security Council resolutions, the U.S. Treasury said last week. International sanctions are aimed at curtailing Iran's alleged nuclear weapons programme." (Reuters. "World's top shipper suspends some Iran ops over sanctions," 6/30/11)

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In July 2010, Maersk paid a $3.1 million fine to the US government for violating embargoes against both Iran and Sudan (Fox News, "Danish Shipping Firm Denies Violating US Sanctions Against Iran", 8/2/2010).

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Maersk Line lists two Iranian offices on its website, one in Tehran and one in Bandar Abbas, registered to the company Maersk Iran A.S. (Maersk Line Company Website).

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Maersk Iran A.S. lists Shaheed Rajee Container Terminal in Bandar Abbas, Khorramshahr Terminal in Khorramshahr, and Bandar Imam Khomeini Terminal in Bandar Imam Khomeini as service points for imports and exports (Maersk Line Export Services).

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Beginning on September 15, 2009, Maersk began offering “direct call to Bandar Abbas, Iran” on the FM1 line.  The company advertises “Direct service to/from Bandar Abbas…competitive transit time for Iran bound cargo…[and] transit time for Iran export cargo to Far East improved by 7 days along with direct coverage into Singapore and China” (Maersk Line Customer Advisory, 9/14/09).

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Maersk Line has weekly service in and out of the Iranian port of Bandar Abbas, on its Far East-Middle East FM1 line.  Other ports on the line include Dammam in Saudi Arabia, Jebel Ali Dubai in the U.A.E, Singapore, and multiple ports in China (Maersk Line Service Network Website).

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In June 2010, according to Maersk Line’s “Schedule by Port,” 15 Maersk Shipping Container Vessels came through the Iranian port of Bandar Abbas (Maersk Line Shipping Containers- Schedule by Port).  This includes the German-flagged Busan Express, the UK-flagged Hyundai Oakland, and the Greek-flagged Sea-Land New York.  The ships headed to ports in the U.A.E., Karachi, Singapore, China, and India (Maersk Line Shipping Containers- Schedule by Vessel).

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In June 2010, according to Maersk Line’s “Schedule by Port,” two ships made seven total trips to Khorramshahr Terminal.  The Cyprus-flagged MCP LINZ and the Ali 18 traveled between Khorramshahr (Iran), Jebel Ali Dubai (U.A.E.), and Bandar Khomeini (Iran) according to Maersk’s “Schedule by Vessel.”

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In June 2010, according to Maersk Line’s “Schedule by Port,” two ships made five total trips to Bandar Imam Khomeini Container Terminal in Iran.  The Cyprus-flagged MCP LINZ and the Ali 18 traveled between Bandar Khomeini (Iran), Jebel Ali Dubai (U.A.E.), and Khorramshahr (Iran) (Maersk Line Schedule by Vessel).

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The International Business Monitor lists Maersk as one of the shipping lines that does business in and out of the Iranian port of Bandar Abbas (International Business Monitor, “Iran Shipping Market Overview- Port of Bandar Abbas,” 4/28/2010).

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Maersk Tankers CEO Soren Skou said that 25 tankers worldwide are being used to store oil, 20 of which are commissioned by Iran.  Mr. Skou did not, however, specify if any of them are owned or operated by Maersk (Reuters, “Floating Oil Storage Ending: Maersk,” 5/27/2010).

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AP Moeller-Maersk does extensive business with the United States government, having earned nearly $4 billion ($3,980,588,981) in government contracts from 2000-2010, according to USASpending.gov. Nearly 95 percent of these funds came from the U.S. Defense Department. USASpending.gov also lists that Maersk Company Ltd., the British arm of AP Moeller Maersk, has received $480,484,505 in government contracts in the past decade, with more than 95 percent of those funds coming from the U.S. Defense Department.

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In 2010, Maersk Line Ltd, the US arm of Maersk Line, won a contract worth over $460 million to operate twelve U.S. Navy vessels.  Under the contract, Maersk Line Ltd will operate and maintain 10 ships in the US Navy Military Sealift Command’s Maritime Prepositioning Force and help the government manage its cargo.  The two other ships “carry ammunition, explosives, vehicles, and containerized cargo for the US Army’s prepositioning program.” The contract begins in 2010, and if all options are exercised, will continue until 2015 (Tradewinds.no, “Maersk Wins US Navy Work,” 6/1/2010).

 

Response

Response: "we are monitoring the regulatory developments with a view to complying with the applicable legislation and regulation…" (6/7/2018).

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Response: "We are in compliance." (February 29, 2016)

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"Maersk has a comprehensive program designed to comply with applicable sanctions…" (January 30, 2017)

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When confronted publicly with allegations of its ties to Iran, Maersk issued a statement saying that they were in the process of reviewing the new June 2010 sanctions passed by US Congress, with the intent to stay within the law (Fox News, "Firms Contracting with US Government Flouting the Law, Watchdog Says", 7/30/2010)

Two days later, Maersk publicly rejected allegations that it has violated US sanctions against Iran, calling claims made by UANI "inaccurate" (Fox News, "Danish Shipping Firm Denies Violating US Sanctions Against Iran", 8/2/2010). 

LITASCO

Industry
Energy, Shipping
Country
Switzerland
Contact Information

[email protected] (Corporate Communications)

Sources

Litasco had a 300 million euro oil export prefinance deal with Iran but pulled the plug on the revolving credit when the new set of sanctions were announced, a source with direct knowledge of the matter said. (June 29, 2018).

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"Open sources reported that Litasco (Lukoil's trading subsidiary) sold gasoline to Iran in 2009 and 2010. Open sources reported that Lukoil stopped selling gasoline to Iran 2010." (U.S. Government Accountability Office, Report: "Firms Reported in Open Sources to Have Sold Iran Refined Petroleum Products between January 1, 2009 and June 30, 2010," September 3, 2010)

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"Russian oil giant LUKOIL has resumed gasoline sales into Iran together with China's state-run firm Zhuhai Zhenrong, even as the United States urges the global community to be tough with Tehran.  Iran is the world's fifth-largest oil exporter but lacks adequate refining capacity to meet domestic demand for motor fuel, forcing it to import up to 40 percent of its requirements." (Reuters, "Russia's LUKOIL resumes gasoline supply to Iran-trade", 8/11/2010)

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The Wall Street Journal lists LITASCO SA as a company that sold gasoline to Iran in 2009. (The Wall Street Journal, "Black-Market Gasoline Shelters Iran," 6/17/2010)

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This revelation comes following an article in April, 2009, in which "Commodities Now" reported that "Russian oil company LUKoil’s trading arm LITASCO has decided to stop selling refined products to Iran, in what is widely understood to be a politically motivated move after pressure to do so from the Russian government."

Prior to this announcement, the company was reportedly "shipping between 250,000 and 500,000 barrels of gasoline (petrol) to Iran per month. (CommoditiesNow, "Lukoil Halts Fuel Trade with Iran," 4/9/2010).