Sina Port and Maritime company

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

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

Sina Port and Maritime company, previously working under the well-known name of Bonyad Barandaz (founded in 1987), delivering port services, loading and unloading of port shipments, continues to provide its services in Iranian ports of ImamKhomeini, Bushehr, Noshahr, and ShahidRajaei (Bandar Abbas), benefiting from its many years of experience and success in the field, keeping up with the changing demands of the marjet and industry and within the framework of sustainable development;

SPMCO is the largest port operator in Iran (listed in the Teheran stock exchange) and affiliate company of Bonyad Mostafazan Foundation (BMF) known also as BOBACO;

Contship Italia Spa, also on behalf of Eurogate GmbH & Co. KGaA, KG, recently signed a strategic Memorandum of Understanding (M.O.U.) with Sina Port & Marine Company (SPMCO), part of SINA Group which is one of the largest Iranian companies, with interests in various economic activities, such as health care, pension, banking, logistic infrastructure, ports and maritime activities as well as manufacturing and insurance;

Sina ICT Group is controlled and owned by the Mostazafan Foundation. Bonyad e-Mostazafan Foundation is controlled by the Islamic Revolutionary Guards Corps (IRGC), and Supreme Leader of Iran;

Shipping Industry

Also Known As:


No. 18, 13th St., Gahndi St.Tehran, Iran

+98 (0)21 84308



Person of interests:
Siamak Abouali -Container Affair Manager & Board Member
Farrokh Tarrahzadehgan – CEO & Board of Directors’ Vice Chairman
Mahmoud Kia – Board Member
Iraj Faghiri – Board Member & Bandarabas branch manager

Reason for the color:
» MOU between Contship and SPMCO the largest Iranian port operator;

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IFMAT Color Guide

We sort entities who are connected with terrorist activities, in two sections, first by risk and second by geolocation.
GeoLocation divisions are divided into two fields, Black List and Gray List.
BlackList is a list of all companies, organizations and figures who originate from Iran.
GrayList is a list of all companies, organizations and figures out of Iranian borders, and doing business with Iran.
We identify risk of entities by COLOR selection, each color marks the risk level of the entity.(by declining order)
Designated / Sanctioned / Illicit entities
Entities affiliated with Designated / Sanctioned / Illicit entities.
Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations.
Entities in a problematic sector - Sector controlled by the Top Alert entities.
Legitimate entities - we cannot determine whether an entity is completely green, and that is due to the facts that the Iranian economy is not transparent enough for us. Be sure.