The Department of the Treasury’s Office of Foreign Assets Control (OFAC) has added many more companies to its Iran sanctions list including Qingdao-based Global Marine Ship Management, Shanghai Xuanrun Shipping Co, Vietnamese owner Golden Lotus, and Dubai-based owner player Swedish Management.
Tanker watchers looking to read the diplomatic channels between Washington and Tehran will take yesterday’s decision to target more Iranian-linked maritime firms as a sign that sanctions are still some way away from being lifted.
