𝐎𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐎𝐮𝐭𝐜𝐚𝐬𝐭 targets Iran’s remaining shadow fleet and global support network, adding 17 vessels and 17 associated companies under E.O. 13902. Treasury assesses the action effectively neutralizes most remaining maritime capacity used to export Iranian crude, petroleum products, and petrochemicals to South and East Asia.

𝐕𝐞𝐬𝐬𝐞𝐥𝐬
- 𝐏𝐀𝐑𝐈𝐓𝐎𝐒𝐇 — IMO 9383352; Comoros flag; transported more than 100,000 barrels of Iranian bitumen/asphalt in 2026.
- 𝐁𝐈𝐓𝐔 — IMO 9531765; Panama flag; transported more than 170,000 barrels of Iranian bitumen/asphalt in 2026.
- 𝐒𝐓𝐀𝐑𝐖𝐀𝐘 — IMO 9273246; Panama flag; transported more than three million barrels of Iranian naphtha since 2025.
- 𝐆𝐀𝐒 𝐋𝐔𝐂𝐊𝐘 — IMO 9177557; Bahamas flag; transported more than 500,000 barrels of Iranian ethylene since 2025.
- 𝐆 𝐒𝐏𝐑𝐈𝐍𝐆 — IMO 9040118; Mongolia flag; transported the equivalent of more than one million barrels of Iranian LPG to China since 2021.
- 𝐊𝐀𝐍𝐇𝐀 — IMO 9308766; Palau flag; transported more than three million barrels of Iranian high-sulfur fuel oil since 2021.
- 𝐊𝐈𝐍𝐆 𝐂𝐇𝐀𝐈𝐍 — IMO 9277761; Cameroon flag; transported several million barrels of Iranian methanol to China since 2023.
- 𝐏𝐎𝐋𝐀𝐑 — IMO 9050187; Zanzibar flag; transported more than 100,000 barrels of Iranian propane/butane to Pakistan since 2025.
- 𝐌𝐀𝐂𝐊𝐄𝐑𝐄𝐋 — IMO 9234628; Panama flag; transported more than 500,000 barrels of Iranian high-sulfur fuel oil since December 2025.
- 𝐆𝐀𝐒 𝐌𝐀𝐑𝐀𝐊𝐔𝐀 — IMO 9240421; Sierra Leone flag; transported more than one million barrels of Iranian propane/butane since late 2025.
- 𝐙𝐈𝐗𝐔𝐀𝐍 — IMO 9317298; Vanuatu flag; transported more than one million barrels of Iranian propane/butane since October 2025.
- 𝐀𝐕𝐀 𝟔 — IMO 9226140; Hong Kong flag; transported more than one million barrels of Iranian naphtha since September 2025.
- 𝐓𝐈𝐍𝐀 𝟓 — IMO 9237761; Vanuatu flag; transported more than 1.5 million barrels of Iranian crude oil in August 2026.
- 𝐒𝐎𝐆𝐋 — IMO 9208227; Comoros flag; transported more than two million barrels of Iranian propane/butane since September 2025.
- 𝐍𝐎𝐁𝐋𝐄 𝐒𝐄𝐀 — IMO 9343118; San Marino flag; shipped more than two million barrels of Iranian ammonia and propane/butane since mid-2025, plus 200,000 barrels of methanol in June 2026.
- 𝐒𝐇𝐄𝐍𝐙𝐇𝐄𝐍 — IMO 9276561; Cameroon flag; transported more than 3.5 million barrels of Iranian crude oil since November 2025.
- 𝐄𝐗𝐅𝐋𝐀𝐌𝐄 — IMO 9294678; Gambia flag; transported more than 400,000 barrels of Iranian methanol since mid-2026.

𝐄𝐧𝐭𝐢𝐭𝐢𝐞𝐬
- 𝐏𝐚𝐫𝐢𝐭𝐨𝐬𝐡 𝐒𝐡𝐢𝐩𝐩𝐢𝐧𝐠 𝐈𝐧𝐜. — Marshall Islands-registered owner of PARITOSH; Iranian petroleum/petrochemical shipping.
- 𝐎𝐫𝐧𝐞𝐥𝐥𝐚 𝐒𝐡𝐢𝐩𝐩𝐢𝐧𝐠 𝐈𝐧𝐜. — Marshall Islands-registered owner of BITU; Iranian bitumen/asphalt transport.
- 𝐇𝐞𝐜𝐡𝐮𝐚𝐧𝐠 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐆𝐫𝐨𝐮𝐩 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 — China-based owner of STARWAY; Iranian naphtha transport.
- 𝐒𝐡𝐮𝐧𝐡𝐚𝐧𝐠 𝐒𝐡𝐢𝐩 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 — China-based owner of GAS LUCKY; Iranian petrochemical shipping.
- 𝐉𝐋𝐒 𝐃𝐫𝐚𝐠𝐨𝐧 𝐂𝐨 𝐋𝐭𝐝 — Hong Kong-registered owner of G SPRING; Iranian LPG transport to China.
- 𝐊𝐚𝐧𝐡𝐚 𝐒𝐡𝐢𝐩𝐩𝐢𝐧𝐠 𝐈𝐧𝐜. — Marshall Islands-registered owner of KANHA; Iranian fuel-oil transport.
- 𝐒𝐚𝐢𝐧𝐭 𝐀𝐛𝐮𝐧𝐝𝐚𝐧𝐭 𝐈𝐧𝐭𝐞𝐫𝐧𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐂𝐨 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 — UK-registered and China-based owner of KING CHAIN; Iranian methanol transport.
- 𝐓𝐞𝐫𝐫𝐚 𝐍𝐚𝐯 𝐒𝐡𝐢𝐩𝐩𝐢𝐧𝐠 𝐋𝐭𝐝 — Marshall Islands-based owner of POLAR; Iranian LPG transport.
- 𝐁𝐞𝐭𝐭𝐚 𝐒𝐡𝐢𝐩𝐩𝐢𝐧𝐠 𝐈𝐧𝐜. — Marshall Islands-based owner of MACKEREL; Iranian fuel-oil transport.
- 𝐌𝐚𝐤𝐚𝐫𝐮𝐚 𝐒𝐡𝐢𝐩𝐩𝐢𝐧𝐠 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 — British Virgin Islands-based owner of GAS MARAKUA; Iranian LPG transport.
- 𝐆𝐨𝐝𝐝𝐞𝐬𝐬 𝐒𝐡𝐢𝐩𝐩𝐢𝐧𝐠 𝐂𝐨𝐫𝐩. — Marshall Islands-based owner of ZIXUAN; Iranian LPG transport.
- 𝐒𝐭𝐚𝐧𝐝𝐰𝐢𝐥𝐥 𝐒𝐡𝐢𝐩𝐩𝐢𝐧𝐠 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 — Hong Kong-based owner of AVA 6; Iranian naphtha transport.
- 𝐍𝐨𝐬𝐭𝐚𝐥𝐠𝐢𝐚 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 — Marshall Islands-based owner of TINA 5; Iranian crude-oil transport.
- 𝐆𝐫𝐚𝐯𝐢𝐨𝐧 𝐌𝐚𝐫𝐢𝐭𝐢𝐦𝐞 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 — Marshall Islands-based owner of SOGL; Iranian LPG transport.
- 𝐁𝐫𝐢𝐜𝐡 𝐒𝐡𝐢𝐩𝐩𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 — Hong Kong-based owner of NOBLE SEA; Iranian ammonia, LPG, and methanol transport.
- 𝐍𝐨𝐫𝐭𝐡𝐩𝐨𝐫𝐭 𝐍𝐚𝐯𝐢𝐠𝐚𝐭𝐢𝐨𝐧 𝐈𝐧𝐜. — Marshall Islands-based owner of SHENZHEN; Iranian crude-oil transport.
- 𝐒𝐜𝐢𝐞𝐧𝐜𝐞 𝐑𝐮 𝐓𝐫𝐚𝐝𝐢𝐧𝐠 𝐂𝐨. 𝐋𝐢𝐦𝐢𝐭𝐞𝐝 — Marshall Islands-registered owner of EXFLAME; Iranian methanol transport.

𝐃𝐞𝐥𝐢𝐬𝐭𝐢𝐧𝐠𝐬
- 𝐇𝐀𝐊𝐔𝐍𝐀 𝐌𝐀𝐓𝐀𝐓𝐀 — IMO 9354167; flag not specified; removed from the SDN List after leaving Iran’s shadow fleet and being sold to a non-sanctioned, U.S.-aligned operator.
- 𝐏𝐈𝐍𝐎𝐂𝐂𝐇𝐈𝐎 — IMO 9400112; flag not specified; removed on the same change-in-circumstances basis.

𝐊𝐞𝐲 𝐜𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞 𝐢𝐦𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬
- Designations were imposed under E.O. 13902 for operating in Iran’s petroleum or petrochemical sectors.
- U.S.-nexus property and interests in property are blocked and reportable to OFAC; the 50 Percent Rule applies.
- U.S. persons generally may not transact with blocked parties absent authorization or exemption.
- Non-U.S. parties and foreign financial institutions face secondary-sanctions and correspondent-account risks for significant transactions involving designated persons.
- OFAC emphasized strict-liability civil enforcement and potential civil or criminal penalties.
- No digital-currency addresses, wind-down period, new general license, or new FAQ guidance was announced.

Source: https://home.treasury.gov/news/press-releases/sb0653/