Risk Level:
unknown % May be problematic for your business future;

Status:
Risk Alert – Entity in a problematic sector - Sector controlled by the Top Alert entities

Info:
Iships Management with its head office in Singapore represents a ship management with style, finesse and expertise which stands over and above the rest in the international ship management arena;

According to data, Singapore-based shipping services firm iShips Management – Manages Panamanian-flagged tanker Grace 1;

Documents forwarded to Reuters by ship owners say a 300,000-metric-ton-supertanker, the Grace 1, took on fuel oil at Basra, Iraq, between December 10 and 12, 2018. But Basra port loading schedules reviewed by Reuters do not list the Grace 1 as being in port during those dates. One Iraqi industry source with knowledge of the port’s operations confirmed there were no records of the Grace 1 at Basra during this period. Reuters examined data from four ship-tracking information providers — Refinitiv, Kpler, IHS Markit and Vessel Finder — to locate the Grace 1 during that time. All four showed that the Grace 1 had its Automatic Identification System, or transponder, switched off between November 30 and December 14, meaning its location could not be tracked. The Grace 1 then reappeared in waters near Iran’s port of Bandar Assaluyeh, fully loaded, data showed. The cargo was transferred onto two smaller ships in UAE waters in January, from where one ship delivered fuel oil to Singapore in February;

The ship-tracking data analyzed by Reuters showed the Grace 1 emerged from the period when it did not transmit its location almost 500 kilometers south of Iraq. It was close to the Iranian coast with its draft — how deep a vessel sits in water — near maximum, indicating its cargo tanks were filled. The Grace 1 transferred its cargo to two smaller tankers between January 16 and 22 in waters offshore Fujairah in the UAE, data showed;

Also Known As:
IShips Management Pte Ltd
IShips

Industry:
Shipping Industry

Country:
Singapore

Address:
1, North Bridge Road #18-06, HIGH STREET CENTRE Singapore – 179094

Phone:
+65 6333 9365

Website:
www.i-ships.com

E-mail:
info@i-ships.com

Reason for the color:
» Iran regime beat U.S. sanctions in order to sell oil in Asia;


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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)
 
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.