Dynacom Tankers Management

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:
Dynacom Tankers Management Ltd. (DTM) was founded in 1991 to manage oil tankers. Since then, the fleet has been significantly expanded and modernized, and the company has developed a strong network of customer relationships and a reputation for transportation excellence among quality-sensitive customers;

A few tankers smuggled Iranian oil to Asia despite U.S. sanctions against such shipments. The oil was loaded onto the tankers with forged documents showing fuel was Iraqi bound to Singapore. One of Avin’s vessels, Kriti Island received an STS oil delivery from Iraqi VLCC Najaf at Khor al Zubair, an oil shipment headed to Singapore. Greek owned operation was sighted recently in Khor al Zubair (Iraq), when the VLCC Najaf conducted STS oil delivery to the Greek vessel South See bound for Singapore. South See is owned by Dynacom Tankers Management LTD. Greek owner and chairman – George Procopiuo;

NITC continues to be the market leader in terms of the number of ships deployed for loading crude from Iran, other companies with ships loading from the country include Dynacom, Delta Tankers, Euronav, Polembros, COSCO, Avin International, Olympic Shipping and Management, New Shipping and Thenamaris, it said – (Published on 01 Mar 2017 – Author: Sameer C. – www.spglobal.com – Tankers: Sharp rise in Iran’s crude oil shipments to Europe);

George Prokopiou (Dynacom tankers management ltd):
• Polymnia (9575955) – On 25 May 2020 uploaded IRGC controlled crude using STS from the Maroon (9179701) owned by Smart Tankers Inc. (Greece) in Khor al Zubair, Iraq to Fujairah.
• Gladiator (9378864) – On 10 July 2020 uploaded IRGC controlled crude using STS from the Najaf (9197909) in Khor al Zubeir, Iraq.
• Southsea (9286657) – On 12 April 2020 uploaded IRGC controlled crude using STS from the Najaf (9197909) in Khor al Zubeir, Iraq, on the way to India.
• Sikinos I (9800269) – On 20 March 2020 uploaded IRGC controlled crude using STS from the Najaf (9197909) in Khor al Zubeir, Iraq, on the way to India.

Iran Gulf lists Dynacom Tankers Management as their official bussiness partner. Iran Gulf Shipping Services is working in Iran’s Oil Industry. Iran Gulf is working with National Iranian Oil Company and National Iranian Tanker Company;

Oil sector in Iran is controlled by the terrorist organization IRGC. Income from oil industry is used by the IRGC for sponsoring terrorist attacks around the world, sponsoring terrorist organizations and weapons of mass destruction;

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;

Industry:
Shipping Industry

Also Known As:
Dynacom Tankers Management Ltd.
Dynacom Tankers Management Limtied
Dynacom
Dynacom Tankers

Country:
Greece

Address:
Nikis 2 Glifada 166 75 Griechenland Greece

Website:
www.dynacomtm.com

E-mail:
info@dynacomtm.com

Reason for the color:
» OFAC Advisory to the Maritime Petroleum Shipping Community – September 4, 2019;
» World tanker companies working in Iran despite U.S. sanctions;


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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.