Among the companies to which sanctions have been applied:
CATHAY HARVEST MARINE LTD
Provide additional information
Full name of legal entity
CATHAY HARVEST MARINE LTD
Abbreviated name of the legal entity
CATHAY HARVEST MARINE LTD
Tax Number
Registration number
3185362
Country
Hong Kong
Address
Room 1603, 16/F Lucky Centre No 165-171 Wan Chai Road, Wan Chai, Hong Kong, China
Reasons
The Hong Kong-based company, founded on August 26, 2022, is involved in the transportation of Iranian oil to numerous 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 Cathay Harvest Marine Ltd pursuant to 13846 for providing 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 Cathay Harvest Marine Ltd pursuant to 13846 for providing 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.
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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 
