TPL Shipping

Truong Phat Loc (TPL) shipping- A Vietnamese Tanker Company. This company knowingly transported Iranian petroleum-based products several times, using its tanker fleet

Status:High Alert – Entity affiliated with Designated / Sanctioned / Illicit entities

Risk Level:89%

May harm your business future.

This entity is connected with designated / sanctioned entities who are helping Iranian Regime Terrorist Activities & development of WMD

Info:
Truong Phat Loc (TPL) shipping- A Vietnamese Tanker Company. This company knowingly transported Iranian petroleum-based products several times, using its tanker fleet;

This fleet includes the following tankers:
– MT/EVERRICH 1
– MT/EVERRICH 2
– MT/EVERRICH 3
– MT/EVERRICH 5
– MT/EVERRICH 7
– MT/EVERRICH 10

Profits from oil sales support the IRGC’s full range of nefarious activities, including the proliferation of weapons of mass destruction and their means of delivery, support for terrorism, and a variety of human rights abuses, at home and abroad;

According to the U.S. Treasury Department – Individuals and entities engaged in certain transactions involving petroleum or petroleum products from Iran or certain Iran-related persons on the SDN List should be aware that engaging in such conduct may result in designation or other sanctions under U.S. sanctions authorities unless an exception applies. Those who knowingly engage in significant transactions for the purchase, acquisition, sale, transport, or marketing of petroleum or petroleum products from Iran — or knowingly provide significant support to an Iranian person on OFAC’s List of Specially Designated Nationals and Blocked Persons (SDN List), such as the National Iranian Oil Company (NIOC), the National Iranian Tanker Company (NITC), and the Islamic Republic of Iran Shipping Lines (IRISL) — are at serious risk of being targeted by the United States for sanctions, regardless of the location or nationality of those engaging in such activities. Further, persons providing bunkering services to vessels transporting petroleum or petroleum products from Iran risk being subject to sanctions unless an applicable waiver or exception applies.The United States continues to take strong action to deny the Government of Iran funds derived from the illicit exportation of petroleum or petroleum products from Iran;

Industry:
Shipping Industry

Also Known As:
Truong Phat Loc (TPL) shipping

Country:
Vietnam

Address:
#422 Dao Tri Street, Phu Thuan Ward, District 7, Ho Chi Minh City, Vietnam

Phone:
(+84) 8 3773 3492

Website:
www.tplshipping.com

E-mail:
contact@tplshipping.com

Reason for the color:
» Foreign Maritime shipping companies knowingly support Iranian efforts to circumvent U.S. sanctions;
» OFAC Advisory to the Maritime Petroleum Shipping Community – September 4, 2019;