Highline Logistic

Hong Kong-based Highline Logistic HK Limited served as a front company to enable PGPICC to receive millions of dollars from customers, including Access Technology, obfuscating PGPICC’s role in the transactions

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

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

Info:
Hong Kong-based Highline Logistic HK Limited served as a front company to enable PGPICC to receive millions of dollars from customers, including Access Technology, obfuscating PGPICC’s role in the transactions. To further conceal their roles in the transactions, PGPICC and its complicit business partners, such as Access Technology, altered invoices to evade anti-money laundering controls

Access Technology Trading L.L.C (Access Technology), which is based in Dubai and formerly known as ME Access Technology General Trading FZE, has purchased petrochemicals from PGPICC worth tens of millions of dollars for shipment to the People’s Republic of China (PRC);

On November 17, 2022, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned 13 companies in multiple jurisdictions facilitating the sale of hundreds of millions of dollars’ worth of Iranian petrochemicals and petroleum products to buyers in East Asia on behalf of sanctioned Iranian petrochemical brokers Persian Gulf Petrochemical Industry Commercial Co. (PGPICC) and Triliance Petrochemical Co. Ltd. (Triliance), as well as the National Iranian Oil Company (NIOC) and its marketing arm, Naftiran Intertrade Company Ltd. (NICO).

Industry:
Oil Industry

Also Known As:
Highline Logistic HK Limited

Organization Established Date:
20 Jan 2021

Country:
China

Address:
Unit No A222 3F Hang Fung Industrial Building Phase 2 No 2G Hok Yuen Street Hunghom, Hong Kong, China

C.R. No.:
3013326 (Hong Kong)

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on November 17, 2022 pursuant to Executive Order 13846 for, on or after November 5, 2018, having materially assisted, sponsored, or provided financial, material, or technological support for, or goods or services to or in support of, PGPICC;