Among the companies to which sanctions have been applied:
RITA SHIPPING INC
Provide additional information
Full name of legal entity
RITA SHIPPING INC
Abbreviated name of the legal entity
RITA SHIPPING INC
Tax Number
Registration number
Country
Marshall Islands
Address
Trust Company Complex, Ajeltake Road, Majuro, Ajeltake 96960, Marshall Islands
Reasons
The company, based in the Marshall Islands, is involved in the transportation of Iranian oil to refineries in China in the interests of the sanctioned National Iranian Oil Company (NIOC).
The National Iranian Oil Company (NIOC) is one of the largest oil and gas companies in the world and is controlled by the Iranian Ministry of Oil. NIOC and its subsidiaries explore, produce, transport, process and export oil and natural gas in Iran. The oil deals of NIOC, including its subsidiaries, are used to generate revenue for the IRGC-QF (Islamic Revolutionary Guard Corps) and Hizballah (Hezbollah). After russia's full-scale invasion of Ukraine, namely in July 2022 during putin's visit to Tehran, the National Iranian Oil Company and the russian sanctioned PJSC Gazprom signed a memorandum of understanding on strategic cooperation in the oil and gas sector worth about $40 billion.
On October 11, 2024, within the framework of expanding restrictions on Iran's oil/petrochemical sector, USA imposed sanctions on Rita Shipping Inc. pursuant to 13846 due to the fact that the company provided material assistance, sponsorship or financial, material or technological support, or goods or services in support of the sanctioned National Iranian Oil Company (NIOC) on or after November 05, 2018.
The National Iranian Oil Company (NIOC) is one of the largest oil and gas companies in the world and is controlled by the Iranian Ministry of Oil. NIOC and its subsidiaries explore, produce, transport, process and export oil and natural gas in Iran. The oil deals of NIOC, including its subsidiaries, are used to generate revenue for the IRGC-QF (Islamic Revolutionary Guard Corps) and Hizballah (Hezbollah). After russia's full-scale invasion of Ukraine, namely in July 2022 during putin's visit to Tehran, the National Iranian Oil Company and the russian sanctioned PJSC Gazprom signed a memorandum of understanding on strategic cooperation in the oil and gas sector worth about $40 billion.
On October 11, 2024, within the framework of expanding restrictions on Iran's oil/petrochemical sector, USA imposed sanctions on Rita Shipping Inc. pursuant to 13846 due to the fact that the company provided material assistance, sponsorship or financial, material or technological support, or goods or services in support of the sanctioned National Iranian Oil Company (NIOC) on or after November 05, 2018.
Links
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
Panama 
