Info:
Clara Shipping L.L.C (CSH) , is a ship finance company focused on the international shipping market. We have experts and teams working in long-established areas of shipping and related special services of tankers;
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned an international network of companies involved in the sale of hundreds of millions of dollars’ worth of Iranian petrochemicals and petroleum products to end users in South and East Asia.
Triliance utilized front companies to pay UAE-based Clara Shipping LLC millions of dollars in freight charges for the shipment of Iranian petrochemical and petroleum products to East Asia;
Clara Shipping have played a critical role in concealing the origin of the Iranian shipments and enabling two sanctioned Iranian brokers, Triliance Petrochemical Co. Ltd. (Triliance) and Persian Gulf Petrochemical Industry Commercial Co. (PGPICC), to transfer funds and ship Iranian petroleum and petrochemicals to buyers in Asia. In addition to OFAC’s designations, the Department of State is designating two entities based in the People’s Republic of China (PRC), Zhonggu Storage and Transportation Co. Ltd. and WS Shipping Co. Ltd., for their involvement in Iran’s petrochemical trade.
“The United States is committed to severely restricting Iran’s illicit oil and petrochemical sales,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson; “So long as Iran refuses a mutual return to full implementation of the Joint Comprehensive Plan of Action, the United States will continue to enforce its sanctions on the sale of Iranian petroleum and petrochemical products.”
As Iran continues to accelerate its nuclear program in violation of the JCPOA, we will continue to accelerate our enforcement of sanctions on Iran’s petroleum and petrochemical sales under authorities that would be removed under the JCPOA. These enforcement actions will continue on a regular basis, with an aim to severely restrict Iran’s oil and petrochemical exports. Anyone involved in facilitating these illegal sales and transactions should cease and desist immediately if they wish to avoid U.S. sanctions.
Triliance, a critical component of Iran’s petroleum and petrochemical sectors, which brokers the sale of Iranian products to foreign purchasers, has purchased millions of dollars’ worth of Iranian petrochemical and petroleum products from Iran-based petrochemical brokers Iran Chemical Industries Investment Company and Middle East Kimiya Pars Co., which were ultimately shipped to India.
Triliance was previously designated pursuant to E.O 13846 in 2020 for, on or after November 5, 2018, having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services in support of, the National Iranian Oil Company (NIOC). NIOC itself is sanctioned pursuant to E.O. 13599, and also E.O. 13224, a counterterrorism sanctions authority.
Involved In:
Shipping Industry
Fleet:
1. M.T Bonanza 10
– Type: Oil tanker
– Flag: Panama
– Construction: 2000
2. M.T Eminence 1
– Type: Oil tanker
– Flag: Panama
– Construction: 1996
3. GAS ALLURE
– Type: LPG CARRIER
– Flag: Panama
– Construction: 1997
Service:
Ship management
Technical Management
Crewing Management
HSSQE Management
Operational Management
Transshipment Management
Corporate Services
Dry Dock & Lay-Up Management
Surveying & Inspections
Ship Agency
Training & Development
Consultancy Services
Also Known As:
Clara Shipping LLC
Country:
United Arab Emirates
Address:
P.O. Box 554843, Dubai, United Arab Emirates
Suite 420, Oud Metha Offices, Oud Metha Road, Umm Hurair 2, P.O. Box 80, Dubai, United Arab Emirates
Suite 420, Oud Metha Offices, P.O. Box 93371, Dubai, United Arab Emirates
Website:
www.clarashipping.com
E-mail:
info@clarashipping.com
Registration Number:
898106 (United Arab Emirates)
Economic Register Number (CBLS):
11533152 (United Arab Emirates)