Foreign Ports Must Get Permission From US To Host Iranian Ships: Official
An Iranian transport official says ports all over the world must obtain permission from the US Office of Foreign Assets Control to host Iranian ships.
An Iranian transport official says ports all over the world must obtain permission from the US Office of Foreign Assets Control to host Iranian ships.
Masoud Daneshmand, member of the board of directors of the Center of Transport Institutions said Saturday that most of Iran's shipping vessels are sanctioned and as a result they are inactive.
“The Shipping Company of the Islamic Republic of Iran is under sanctions, and all ports must obtain permission from the US Treasury to accept Iranian ships. If a port does not receive permission from the OFAC, they will be subject to secondary sanctions,” noted Daneshmand.
He further added that some countries like India and South Africa have obtained licenses to accept the Iranian ships, but it should be noted that they cannot berth in all the ports.
In March, the United States imposed new sanctions on Iran-linked shipping and petrochemical companies, including two shipping firms based in China.
The sanctions also targeted 20 shipping vessels linked to firms in China, Vietnam and the United Arab Emirates, the Treasury Department's website showed.
The sanctions were issued under a 2018 US executive order that restored sanctions targeting Iran's oil, banking and transportation sectors.
In 2019, OFAC issued an advisory to alert persons around the world that are involved in shipping petroleum or petroleum products from Iran.
“These shipments create significant sanctions risk for entities and individuals in the shipping industry, including shipping companies, vessel owners, managers, operators, insurers, and financial institutions,” read the advisory.
