Iran Marine Industrial Company (SADRA)

Risk Level:
99% May harm your business future; Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action;

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Status:
Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Info:
SADRA also known as “Iran Marine Industrial Company” was founded in 1968 as a small ship repair yard in Bushehr. Since then, SADRA has established itself as the leading shipbuilding and shiprepairing company in Iran. Sadra Group is a sister company of Iran’s state-owned Iran Shipbuilding and Offshores Industries Complex Co. (ISOICO). As of April 2009, the IRGC-controlled construction conglomerate, Khatam al-Anbia owns a controlling stake in SADRA;

Owned or controlled by the Khatam al-Anbiya Construction Headquarters (KAA), according to the European Union, which is an Islamic Revolutionary Guard Corps (IRGC)-owned company;

Contracted by Atomstroyexport (ASE) and the Atomic Energy Organization of Iran (AEOI) in 2000 to carry out the repair, renovation, and completion of a cooling water discharge tunnel system at the Bushehr Nuclear Power Plant (BNPP);

Has held bank accounts at Bank Tejarat, Bank Melli, Bank Toseh Saaderat Iran, Europaisch-Iranische Handelsbank AG;

Involved in shipbuilding and repair, construction of offshore oil, gas, and drilling rig platforms, construction of ports, oil terminals, and jetties, installation and repair of sub-sea pipelines, and the laying of submarine cables;

Has an office in Venezuela;

In 2005, SADRA won a 100 million euro contract to build four cargo ships for German company Rickmers;

In 2006 SADRA group won a $2.4 billion contract to build 10 LNG carriers for the Belgian shipping group EXMAR;

In 2009 SADRA begun manufacturing four 113,000-metric-ton Aframax oil tankers for Venezuela;

In 2009 SADRA launched a domestically-built semi-floatable drilling rig for the Caspian Sea. The semi-submersible rig called ‘Iran-Alborz’ is the largest in the Middle East. The semi-floatable platform is able to operate at water depths up to 1,030 meters and can drill down to 6,000 meters under the seabed.[8] Iran-Alborz is operated by Iran North Drilling Co;

Since 2010, SADRA has been involved in the development of South Pars phases 13 & 14;

Affiliates:
ISOICO – SADRA’s sister company
Iran Shipping Lines
Iranian Offshore Engineering and Construction Company
National Iranian Oil Company

Industry:
Shipbuilding , Oil and gas

Involved In:
Military Weapon Program
Missile Weapon Program

Also Known As:
SADRA
Iran Marine Industrial Co.
Iran Marine Industry Company
Iran Marine Industry Co.
Iran Marine Industries Company
Iran Marine Industries Co.IMICO
Sanati Daryaee Iran

Established:
1968

Country:
Iran

Address:
– Sadra Building No. 3, Shafagh St., Poonak Khavari Blvd., Shahrak Ghods, P.O. Box 14669- 56491, Tehran, Iran
– Zanbil Mountain Side, Shahid Kalantari Road 24 km, Urmia, 4851758674
– Office E-43, Torre E- Piso4, Centro Commercial Lido Av, Francisco de Miranda, Caracas, Venezuela

Phone:
(021)83362000-88079090

Website:
www.sadra.ir

E-Mail:
web@sadragroup.com

Person of interests:
Mehdi Etesam is managing director;
Rostam Ghasemi
J. Khobreh
A. Khorasanizadeh
Mohammad Banae
Vali Arabi
Mohammad Qaheri

Reason for the color:
» The Treasury Department designated the Iran Maritime Industrial Company SADRA (SADRA), an entity owned by the IRGC’s Khatam al-Anbiya, pursuant to Executive Order (E.O.) 13382 – an authority aimed at freezing the assets of proliferators of weapons of mass destruction (WMD) and their supporters and thereby isolating them from the U.S. financial and commercial systems;
» Sadra is one of three companies in a consortium contracted to develop phase 13 of South Pars in June 2010 working with designated Khatam-al Anbiya Construction Headquarters (KAA)
» Listed by the European Union on May 23, 2011 as an entity linked to Iran’s proliferation-sensitive nuclear activities or Iran’s development of nuclear weapon delivery systems;
» Held bank accounts at Bank Tejarat, Bank Melli, Bank Toseh Saaderat Iran, Europaisch-Iranische Handelsbank AG;


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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.