The U.S. Treasury Department has expanded sanctions against the illicit shipping empire of Mohammad Hossein Shamkhani, designating over 50 individuals, entities, and vessels involved in Iranian oil exports, containerized shipping, and sanctions evasion. The action follows Iran's renewed attacks in the Strait of Hormuz and brings the total number of Shamkhani network designations to over 200 since July 2025, taken under Executive Order 13902.

Key Financial Associates:
- Hossein Ghorbani Zahed (Iranian/Dominica) – Primary financier providing exchange house services and foreign currency access; beneficial owner of Golden Nest Group Ltd (BVI/Dubai) and director of BSG Management Ltd (Dubai)
- Mohammad Reza Rahbar Madani (Iranian/Dominica) – Key financier for network operations and shell company access; owns Iran-flagged vessel ERIKA
- Ali Rakhbarmadani (Iranian/Russian) – Head of shipping operations, linked to multiple sanctioned companies including Koban Shipping, Crios Shipping, and Marvise SMC DMCC; owner of Al Kina Commercial Broker LLC
- Martin Austin Kaalund (Danish) – Former global CFO of sanctioned House of Shipping Investment FZCO; co-founder of Evorit Strategy Consulting LLC-FZ
- Alessandra Ronco (Italian) – Former global CEO of House of Shipping; co-founder of Evorit Strategy Consulting LLC-FZ
- Asghar Aghili Dehkordi (Iranian) – Strategic role across multiple network companies including Milavous Group Ltd

Operational Personnel:
- Jijin George (Indian) – Employee of sanctioned Teodor Shipping L.L.C., facilitates vessel operations
- Gautam Vishavdeep (Indian) – Manager facilitating Iranian oil shipments and network coordination
- Behzad Moghadas (Iranian) – Vessel operations facilitator
- Maksim Tsernosjov (British) – Senior vessel inspector for illicit shipping network

Containerized Shipping Network:
- Sea Lead Shipping PTE. Ltd. (Singapore) – Core containerized shipping firm with subsidiaries in Dubai, Marshall Islands, and India; manages vessels carrying goods to Iran-backed Houthis in Yemen
- We Freight Shipping LLC (Dubai) – Transportation intermediary services with offices across UAE, India, and Thailand
- Volta Shipping Services LLC (Dubai) – Enables transport of licit and illicit goods to/from Iran

Designated Vessel Owners and Fleet:
- Lubeck Shipping LLC (Dubai) – Owner/operator of GEMMA (IMO 9509097, Palau flag)
- Aare Lines Inc (Marshall Islands) – Owner/operator of NADIA (IMO 9122461, St Kitts & Nevis flag)
- Hope 1 Shipping Inc (Marshall Islands) – Owner/operator of HOPE 1 (IMO 9514339, Antigua & Barbuda flag)
- Ocean Searum One Limited (Hong Kong) – Owner/operator of ELPINIKI (IMO 9606015, Barbados flag, aka CORN)
- Nuvetrro Shipping Inc (St Kitts & Nevis) – Owner/operator of JADE (IMO 9418999, Antigua & Barbuda flag)
- Veltrrivo Shipping Inc (St Kitts & Nevis) – Owner/operator of OPAL (IMO 9467158, Antigua & Barbuda flag)
- Kangri 1 Inc (Marshall Islands) – Owner/operator of CICCIO (IMO 9192442, Antigua & Barbuda flag)

Sea Lead Managed Vessels:
- SHENTON WAY (IMO 9146314, Panama flag)
- TANJONG PAGAR 1 (IMO 9404508, Panama flag)
- PAYA LEBAR (IMO 9134232, Antigua & Barbuda flag)

Caspian Sea Fleet:
- SEPEHR PAYAM (IMO 9110535, Iran flag) – Owned by Ava Tarabar Darya Company
- ERIKA (IMO 8721454, Iran flag) – Owned by Mohammad Reza Rahbar Madani
- ARKANOOR 2 (IMO 8727848, Iran flag) – Owned by Sepehr Noor Mobin Company
- ARKANOOR 3 (IMO 8832083, Iran flag) – Owned by Sepehr Noor Mobin Company

Shamkhani-Controlled Vessels (Undisclosed Ownership):
- SEA CRUISER (IMO 8729963)
- SEA CASTLE (IMO 8891572)
- SEA ANCHOR (IMO 8858099)
- SEA GALLEON (IMO 8843666)

Tanker Fleet:
- DARIKA (IMO 9506693) – Owned by Hansa Shipping Inc (Marshall Islands), transports Russian petroleum
- VIRENT (IMO 9332171) – Owned by Platinum Knights Ltd (Marshall Islands), transports Russian petroleum