Hongyuan Marine Company

ifmat - Hongyan

In September 2019, the vessel Hong Xun transported steel slabs purchased by Pamchel Trading Beijing Co. Ltd. from Esfahan Mobarakeh Steel Company from Bandar Abbas, Iran, to China

Country:

China  

Status:Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Risk Level:99%

May harm your business future. Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action.

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Info:
Hongyuan Marine Co. Ltd., located in Zhejian, China, is the registered owner of the vessel Hong Xun, as well as the vessel’s Ship Manager/Commercial Manager;

In September 2019, the vessel Hong Xun transported steel slabs purchased by Pamchel Trading Beijing Co. Ltd. from Esfahan Mobarakeh Steel Company from Bandar Abbas, Iran, to China;

Hongyuan Marine Co. Ltd. is being designated pursuant to E.O. 13871 for having knowingly engaged, on or after the date of E.O. 13871, in a significant transaction for the purchase, acquisition, sale, transport, or marketing of iron, iron products, aluminum, aluminum products, steel, steel products, copper, or copper products from Iran through its vessel, Hon Xun;

OFAC is also identifying the Hong Xun as blocked property in which Hongyuan Marine Co. Ltd. has an interest;

Involved In:
Nuclear Weapon Program

Industry:
Steel Industry

Also Known As:
Hongyuan Marine Co. Ltd.
Hongyuan Marine Co. Ltd. Hong Union

Country:
China

Address:
Room 905, China Hong Centre, 717, Zhongxing Lu, Jiangdong Qu, Ningbo, Zhejiang 315040, China
R1003-1008, Heyuan Enterprise Square, 2993 Gonghexin Rd, Shanghai 315040, China

Identification Number:
IMO 5163651

Website:
www.hong-union.com

E-mail:
info@hong-union.com

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on January 10, 2020 pursuant to Executive Order 13871 for having knowingly engaged, on or after the date of E.O. 13871, in a significant transaction for the purchase, acquisition, sale, transport, or marketing of iron, iron products, aluminum, aluminum products, steel, steel products, copper, or copper products from Iran through its vessel, Hon Xun;