VELON 1

The vessel is affiliated with Reel Shipping LLC, a company based in the UAE that is subject to sanctions.
Reel Shipping LLC operates a fleet of several container ships that are part of a vast shipping empire controlled by Mohammad Hossein Shamkhani, the son of Ali Shamkhani, the chief political advisor to iran’s supreme leader. Mohammad Hossein Shamkhani leverages his father’s political influence to corrupt senior iranian regime officials in order to build and operate a massive fleet of tankers and container ships. This fleet transports oil and petroleum products from Iran and russia, as well as other cargoes, to customers worldwide, generating tens of billions of dollars in profit. His shipping network comprises a vast fleet of vessels, ship management companies, and front entities that launder billions of dollars in proceeds from global sales of iranian and russian crude oil and petroleum products, mostly to buyers in the People’s Republic of China. The network takes extensive measures to conceal its operations and obscure its ties to the Shamkhani family, Iran, and russia.
On July 30, 2025, the United States imposed sanctions on the vessel IMO 9122473.