Star Bulk

Tankers owned by Star Bulk are smuggling Iranian oil

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

Star Bulk is a global shipping company that provides high quality transportation services of dry bulk cargoes. The Star Bulk fleet comprises of 116 modern vessels built in world-class shipyards and with an average age of approximately 9 years. Our fleet’s composition is highly diversified ranging from Supramax vessels to Newcastlemax vessels and has a total capacity of more than 12,8 million DWT;

Tankers owned by Star Bulk are smuggling Iranian oil;

Tanker Star Maria owned by Star Bulk was in Bandar Imam Khomeini – Iranian port on 07/08/2020;

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;

Shipping Industry

Also Known As:
Star Bulk Carrier Corp
Star Bulk Carriers Corp.


40, Agiou Konstantinou Str., Maroussi 15124, Athens, Greece

+30 210 6178400



Person of interests:
Petros Papas

Reason for the color:
» OFAC Advisory to the Maritime Petroleum Shipping Community – September 4, 2019;