A subsidiary of Islamic Republic of Iran Shipping Lines (IRISL); has helped IRISL evade sanctions; according to the U.S. Department of the Treasury, IRISL and its affiliates have provided logistical services to Iran's Ministry of Defense and Armed Forces Logistics (MODAFL).

Took over ship management activities from IRISL after IRISL was sanctioned; has acted as a technical manager for SAPID Shipping Co.'s vessels.

Affiliated with the following vessels:

Naghmeh (IMO 8320145; Flag: Iran)
Ronak (IMO 8320157; Flag: Iran)
Tabandeh (IMO 8320171; Flag: Iran)
Abba (IMO 9051624; Flag: Iran)
Behdad (IMO 9051636; Flag: Iran)
Parshan (IMO 9051648; Flag: Iran)
Orang (IMO 9051650; Flag: Iran)
Arezo (IMO 9165786; Flag: Iran)
Alvan (IMO 9165798; Flag: Iran)
Aysan (IMO 9165803; Flag: Iran)
Golsan (IMO 9165815; Flag: Iran)
Elyana (IMO 9165827; Flag: Iran)
Negar (IMO 9165839; Flag: Iran)
Saviz (IMO 9167253; Flag: Iran)
Parnia (IMO 9167265; Flag: Iran)
Neshat (IMO 9167277; Flag: Iran)
Behshad (IMO 9167289; Flag: Iran)
Jairan (IMO 9167291; Flag: Iran)
Golsar (IMO 9193185; Flag: Iran)
Andia (IMO 9193197; Flag: Iran)
Arvin (IMO 9193202; Flag: Iran)
Artavand (IMO 9193214; Flag: Iran)
Pendar (IMO 9209324; Flag: Iran)
Sana (IMO 9209336; Flag: Iran)
Sarvin (IMO 9209348; Flag: Iran)
Perarin (IMO 9209350; Flag: Iran)
Mahnam (IMO 9213387; Flag: Iran)
Termeh (IMO 9213399; Flag: Iran)
Artaria (IMO 9226944; Flag: Iran)
Hamgam (IMO 9226956; Flag: Iran)
Shiba (IMO 9270646; Flag: Iran)
Shamim (IMO 9270658; Flag: Iran)
Artabaz (IMO 9283007; Flag: Iran)
Azargoun (IMO 9283019; Flag: Iran)
Artenos (IMO 9283021; Flag: Iran)
Golbon (IMO 9283033; Flag: Iran)
Arzin (IMO 9284142; Flag: Iran)
Artam (IMO 9284154; Flag: Iran)
Amina (IMO 9305192; Flag: Iran)
Delruba (IMO 9305207; Flag: Iran)
Ganj (IMO 9305219; Flag: Iran)
Artin (IMO 9305221; Flag: Iran
Golafruz (IMO 9323833; Flag: Iran)
Touska (IMO 9328900; Flag: Iran)
Shabgoun (IMO 9346524; Flag: Iran)
Basht (IMO 9346536; Flag: Iran)
Behnavaz (IMO 9346548; Flag: Iran)
Shahraz (IMO 9349576; Flag: Iran)
Shabdis (IMO 9349588; Flag: Iran)
Behta (IMO 9349590; Flag: Iran)
Abyan (IMO 9349667; Flag: Iran)
Zardis (IMO 9349679; Flag: Iran)
Aries (IMO 9369722; Flag: Iran)
Arsham (IMO 9386500; Flag: Iran)
Parshad (IMO 9387786; Flag: Iran)
Bavand (IMO 9387798; Flag: Iran)
Delnavaz (IMO 9387803; Flag: Iran)
Oura (IMO 9387815; Flag: Iran)
Artman (IMO 9405930; Flag: Iran)
Baskar (IMO 9405942; Flag: Iran)
Bahjat (IMO 9405954; Flag: Iran)
Roshak (IMO 9405966; Flag: Iran)
Behdokht (IMO 9405978; Flag: Iran)
Avang (IMO 9465746; Flag: Iran)
Kiazand (IMO 9465758; Flag: Iran)
Batis (IMO 9465760; Flag: Iran)
Warta (IMO 9465849; Flag: Iran)
Parisan (IMO 9465851; Flag: Iran)
Ardavan (IMO 9465863; Flag: Iran)

Company IMO number is 5466371.

Sanctions

As part of the re-imposition of U.S. sanctions on Iran, added on November 5, 2018 to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC), freezing its assets under U.S. jurisdiction and prohibiting transactions with U.S. parties, pursuant to Executive Order 13599, which targets entities controlled by the Government of Iran and Iranian financial institutions; foreign parties facilitating transactions for the entity or otherwise assisting the entity are subject to U.S. sanctions.

Previously added to the SDN list on June 16, 2010, pursuant to Executive Order 13382, which targets proliferators of weapons of mass destruction and their delivery systems; removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action.

Listed by the European Union on July 26, 2010 as an entity linked to Iran's proliferation-sensitive nuclear activities or Iran's development of nuclear weapon delivery systems; removed from the E.U. list in January 2016 as part of the Joint Comprehensive Plan of Action.

Formerly sanctioned by the government of Canada.

Listed by the British government in 2015 as an entity of potential concern for WMD-related procurement, but removed in 2017 after the U.K. withdrew its Iran list.