Middle EastOperations

New US sanctions on Iran target IRISL

The US has announced a new round of sanctions against Iran, targeting the country’s largest shipping company, Islamic Republic of Iran Shipping Lines (IRISL), and airline Mahan Air.

The US accused the companies of smuggling lethal aid and weapons of mass destruction on behalf of the Islamic Revolutionary Guards Corps.

The sanctions also targeted E-Sail Shipping, a China-based subsidiary of IRISL and three agents of Mahan Air.

The sanctions on IRISL and E-Sail will take effect in 180 days in order to give customers who ship humanitarian goods time to adjust their contracts while the sanctions on Mahan Air will take immediate effect.

“The Iranian regime uses its aviation and shipping industries to supply its regional terrorist and militant groups with weapons, directly contributing to the devastating humanitarian crises in Syria and Yemen,” US Treasury Secretary Steven Mnuchin said in a statement.

The Iranian government denounced the sanctions and said it would find various ways to bypass the sanctions.

IRISL is Iran’s major shipping line, operating a fleet of 115 ocean-going vessels with total capacity of 3.3m dwt.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

Comments

  1. The exact opposite is true. The US created, trained, armed and supported the armies of head-chopping terrorists who invaded Syria. Iran, Russia, Hezbollah and the SAA did the righteous work of opposing those armies of murderers , rapists and destroyers.

    Every person who had anything to do with scheming up and telling the lies which justified US wars on Iraq, Libya and Syria should face war-crimes trials in this life and hell in the next.

Back to top button
Close
Close