Financial Ports

US sanctions hit lawyers and agents behind Iran’s $1bn shadow fleet

CLAVE 1 / 4Karnakis and Karnakis law firm sanctioned for creating shell companies to move Iranian oil and petrochemicals.

CLAVE 2 / 4Nine vessels blacklisted, including seven bulk carriers managed by Roxette Maritime Shipping.

CLAVE 3 / 4Singapore’s Amigoz and Dubai’s Whales Shipping Line targeted for acting as port agents for Iranian cargoes.

CLAVE 4 / 4US Treasury warns: "If you are supporting the Iranian regime, we will find you and sanction you."

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