Among the companies to which sanctions have been applied:
IBEX SHIPPING INC
Provide additional information
Full name of legal entity
IBEX SHIPPING INC

Abbreviated name of the legal entity
IBEX SHIPPING INC

Tax Number
5344160

Registration number

Country
Cyprus

Address
P.O.Box 1405, Majuro, Marshall Islands; 1060, Cyprus, Nicosia, Stasinou Avenue, Mitsi Building 1, Office 4, 1st Floor

Reasons
The shipping company owns a sanctioned fleet involved in the transfer of North Korean weapons (ammunition) to russia. The company is affiliated with the sanctioned russian company Shipping Company Asia LLC (TIN: 2540195189), which is a carrier of goods for the russian ministry of defence.



Sanction Jurisdictions
United States of America
Canada
Switzerland
EU
Great Britain
Australia
New Zealand
Japan
Ukraine
Date of entry and reference to the document
The country has not yet applied sanctions
Sea vessels
Maria
Vessel name
Maria
IMO
8517839
Flag (Current)
russian federation
Vessel Type
General cargo ship
Category
Transportation of military cargo
 Weapons and military equipment
The vessel is involved in the military logistics network of the russian federation and numerous deliveries of military equipment and ammunition from the DPRK to the russian federation with the automatic identification system turned off. The vessel is operated by the sanctioned russian shipping company JSC Sovfracht, which provides logistical support to the russian ministry of defense and functions as a key node in the military transport networks of russian cargo vessels delivering North Korean weapons from Pyongyang to military facilities in the russian port of Danube. The ammunition delivered by the company's vessels is transported to weapons depots on russia's western border for use in the war against Ukraine. The previous manager of the vessel was the sanctioned russian company LLC Shipping Company Asia, which is a cargo carrier for the russian ministry of defense. In December 2023, USA imposed sanctions on the vessel as part of a group of commercial vessels that delivered significant amounts of military equipment and ammunition provided by the DPRK to russia. In June 2024, EU imposed sanctions on the vessel in connection with the transport of goods and technology used by the russian defence and security sector to wage war in Ukraine. On October 17, 2024, Switzerland imposed sanctions on the vessel in connection with transportation from/to russia of goods and technologies used in the defense and security sector, as well as for use in russia or for the war in Ukraine.
War & Sanctions 2024