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

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

Info:
Kriton Lendoudis is the owner of the Greek Company – Evalend Shipping Co. SA. Evalend Shipping is transporting IRGC crude oil directly to and from Iran, using Evalend Shipping tankers;

“The Greeks are using also UAE companies to manage the Iranian crude feeding tankers. The main Greek player is Evalend Group of Companies owned by the Greek billionaire Kriton Lendoudis which, among others, own the VLCC crude oil tanker – NAJAF (9197909). NAJAF is taking a major role in supporting Iran oil mixing of 2/3 “Iran light” with 1/3 “Basra heavy” which assist Iranian global oil smuggle. Najaf has been anchoring at the same spot, off Basra oil terminal for the last 8 months as a “floating mixer”, allowing it to offload crude from several tankers – Iraqi heavy crude is delivered by small tankers of approximately 13K tons, while the Iranian light crude is being delivered by larger tankers of approximately 45K tons.” – (Greece is mixing Europe in illicit oil transaction with sanctioned Iranian regime – September 5, 2019);

Tankers of Kriton Lendoudis (Evalend Shipping co SA):
• Najaf (9197909) – The VLCC which for the past year and a half mixes IRGC controlled and smuggled crude with Iraqi smuggled crude, using STS with various tankers traveling to worldwide destinations.

• Three other tankers – Riva (9361469), Imperator (9367906), Majnoon (9221671) – are delivering oil between Yemen ports and Fujairah.

• Three bulk carriers travel regularly between Hamburg and Bandar abbas port – Captain Adams (9737618), Interceptor (9835965), Villa Deste (9835941)

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 thatengaging 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;

“Greek-owned small clean tanker Levante has been seized by Libyan authorities on the grounds of suspected oil smuggling off the Abu Kammash area west of Tripoli, Reuters reports citing a naval official. According to navy spokesman Ayoub Qassem, the Liberian-flagged ship and its 20 crew members, predominantly of Philippine nationality, were detained on Monday as they are believed to have attempted to smuggle 6,000 tons of oil. An investigation is said to be underway and the crew is being questioned over their involvement in the suspected oil smuggling. The ship, built in 2008, is operated by Evalend Shipping Tankers based in Greece and has a value of USD 10.7 million, based on the data from VesselsValue.” – (Greek Tanker Seized in Libya – August 29, 2017 – World Maritime News);

Industry:
Shipping Industry

Also Known As:
Evalend Shipping co SA
Evalend Shipping Company
Evalend Shipping Co. S.A.

Country:
Greece

Address:
21, Filellinon & G Souri Stree, 105 57 Athens, Greece

Phone:
+30 210 3318019

Person of interests:
Kriton Lendoudis

Reason for the color:
» OFAC Advisory to the Maritime Petroleum Shipping Community – September 4, 2019;
» Greek shipowners in Iranian service;


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IFMAT Color Guide

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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)
 
TOP ALERT
Designated / Sanctioned / Illicit entities
 
HIGH ALERT
Entities affiliated with Designated / Sanctioned / Illicit entities.
 
MEDIUM ALERT
Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations.
 
RISK ALERT
Entities in a problematic sector - Sector controlled by the Top Alert entities.
 
GENERAL ALERT
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.