Taihua Ship Management

Taihua ship management (TSM) 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

Taihua Ship Management Limited (TSM) is a professional ship management company manage oil and chemical tanker,was founded in Hong Kong in Nov 2008. TSM also sent up the branch office in HongKong, Singapore, Shanghai,Myanmar and Bagladesh.

Taihua ship management (TSM)- A Private Hong Kong based company operating a large fleet. This company knowingly transported Iranian petroleum-based products several times, using its tanker fleet;

The following tankers owned by TSM transported Iranian petroleum-based products:
TSM Alphecca
TSM Polaris
Taihua Glory

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;

Shipping Industry

Also Known As:
Taihua Ship Management Limited

Hong Kong

16th floor, ship research building, no. 600 minsheng road, pudong new district, Shanghai, China




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;