Iran-related Designations; Issuance of Russia-related General License and Amended Frequently Asked Questions
Important: This summary was automatically generated by AI from a public-domain government source. It is provided for general information and SEO indexing only. It is not legal, compliance, or professional advice and may contain errors, omissions, or out-of-date information. Where IMO numbers appear in the summary, they may be hyperlinked to the corresponding entry in our sanctioned-vessels database for convenience — these links are direct citations, not editorial assertions. Always verify against the official source before making any compliance, commercial, or legal decision. Read our news policy.
Key facts
Source:US Treasury OFAC (U.S. Treasury, public domain)
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced several updates to its sanctions programs, including new designations related to Iran and adjustments to Russia-related regulations. The agency issued General License 131F, which permits specific transactions involving the negotiation and entry into contingent contracts for the sale of Lukoil International GmbH, alongside updates to Russia-related Frequently Asked Questions 1224 and 1225.
Under the Iran-related sanctions program (IRAN-EO13846), OFAC added Swaroop Jayantilal Bagrecha of India to the Specially Designated Nationals (SDN) List. Several international companies were also sanctioned, including Agility Shipping Limited (Hong Kong), Alt Capital Pte. Ltd. (Singapore), Classy Pansy Trading and Contracting WLL (Qatar), Crystal Blue Sky Inc (Marshall Islands), Ever Shining Limited (China), HK Yuanhang Shipping Limited (Hong Kong), Rishabh Triexim LLP (India), and Seafoam Marine Ltd (Liberia/UAE).
Additionally, OFAC identified several entities subject to secondary sanctions risks under the Specially Designated Global Terrorist (SDGT) and Islamic Republic of Iran Terrorism (IFSR) programs. These include Damai Technology Development Limited (Hong Kong), Growth Trading Co., Limited (Hong Kong), and Mehdiyev Trading Co., Limited (Hong Kong). All three of these entities were noted for their links to Sepehr Energy Jahan Nama Pars Company.
Don't just read the news — track the vessels, owners, and chokepoints behind it. Strait Up Maritime gives compliance teams continuous monitoring and full vessel intelligence:
Watchlist Monitoring
Add any vessel to your watchlist. Get instant alerts if its sanctions status, ownership, or flag changes.
Position Tracking
See where vessels are right now. Track movements across global chokepoints in real time.
Dark Activity Alerts
Get alerted when a vessel goes dark — turns off its AIS transponder, a common sanctions evasion tactic.
STS Transfer Detection
Flagged automatically when vessels conduct ship-to-ship transfers with sanctioned counterparts.
Ownership & Management
Registered owner, ISM manager, P&I club, classification society — the full corporate chain behind any vessel.
Compliance Reports
Weekly personalised compliance snapshot. Exportable PDF screening records for audit defence.
Voyage History
Where vessels have been — ports visited, chokepoints crossed, trade routes mapped.
AI Compliance Assistant
Ask questions about any vessel's risk profile, sanctions exposure, and compliance obligations.
Disclaimer. Strait Up Maritime aggregates and summarises sanctions-related news from public-domain government sources (US Treasury OFAC, UK OFSI). Summaries are generated automatically by AI and may contain inaccuracies. We do not warrant the accuracy, completeness, or timeliness of any content on this page. Strait Up Maritime is a journalism and information service — it is not a substitute for legal counsel, regulatory advice, or official sanctions verification. Use of this content is governed by our Terms of Use and News Aggregation Policy.