The US Office of Foreign Assets Control has issued an advisory to the maritime industry as IRISL continues to engage in deceptive behaviors to evade sanctions.
The Indian and Iranian entities which previously formed the joint-venture Irano-Hind Shipping Company have announced plans to split their assets in light of US sanctions against Iran.
Upon discovery that the National Iranian Tanker Company has reflagged some of its vessels with Tanzania and Tuvalu, the US has taken action in urging the registries to drop the vessels.
Secretary General of the Paris MoU Richard Schiferli explains that political sanctions do not affect a registry's placement on its White, Grey, or Black List.
Within the context of international sanctions deadlines, Iran is once again concealing its identity by elusive movement through the open registry system.
