US sanctions Indian company linked to ‘Ghost Fleet’ transporting Iranian oil

The sanctions followed an announcement by National Security Adviser Jake Sullivan that Washington was taking action against “the Ghost Fleet that carries Iran’s illicit oil to buyers around the world.”

Oct 12, 2024 - 15:30
 0  4
US sanctions Indian company linked to ‘Ghost Fleet’ transporting Iranian oil

New York: America has sanctioned an Indian ship services company for allegedly being involved within the transport of petroleum from Iran through a “Ghost Fleet” in defiance of restrictions on Tehran. The State Department said on Friday that Gabbaro Ship Services Deepest Ltd based in India “knowingly engaged in a significant transaction for the transport of petroleum from Iran” by acting as the technical manager for the crude oil tanker Hornet. It said that Gabbaro also has an interest within the ship.

The sanctions followed an announcement by National Security Adviser Jake Sullivan that Washington became taking action against “the Ghost Fleet that carries Iran’s illicit oil to buyers across the field.” Ghost Fleet refers to ships clandestinely transporting products.

Below the sanctions imposed on Gabbaro, all property and any wherein it has interests are frozen within the United States and this applies also to persons or entities with more than 50 per cent interest within the corporate, the State Department notification said.

The Department also said that Engen Management, a Suriname-based company, became also sanctioned as the commercial manager of Hornet. Similarly, two other Surinam companies, and one every in China and Malaysia were also sanctioned.

Gabbaro is registered with the Registrar of Companies as a “one-man company” and is present in Mumbai, in step with corporate information provider Zauba Corp. The International Maritime Risk Rating Agency said that Hornet is an oil tanker for which Gabarro is the “technical manager/operator.”

Marine Traffic, which tracks shipping, reported that Hornet sails less than the Swaziland flag and became at Nansha Port in Guangzhou on Saturday. The tanker appears to be plying a route between the Gulf and China.

In step with Magic Port, which monitors ship traffic, Hornet’s most updated travels took it from a port within the United Arab Emirates in late August to Oman, and, after a stop in Singapore, it arrived on the Guangzhou port on Wednesday.

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow