Indictment of Islamic Republic of Iran Shipping Lines (IRISL) for Using Front Companies to Evade U.S. Sanctions

June 20, 2011

Related Country: 

  • Singapore
  • United Arab Emirates
  • United Kingdom
The Grand Jury finds that at all times relevant to this indictment, ISLAMIC REPUBLIC OF IRAN SHIPPING LINES (a.k.a. ARYA SHIPPING COMPANY, a.k.a. IRI SHIPPING LINES, a.k.a. IRISL, a.k.a. IRISL GROUP) (“IRISL”) was the state-sponsored shipping line of the Islamic Republic of Iran (“Iran”). IRISL operated throughout the world, in major shipping centers, including Singapore, the United Arab Emirates (“UAE”), and the United Kingdom (“UK”). IRISL contracted for the construction of merchant ships, owned and operated ships under various national flags, and undertook shipping operations around the world under the control of the government of Iran. IRISL’s operations were executed through a network of subsidiaries and agents, including, among others, defendant ASIA MARINE NETWORK PTE. LTD. (a.k.a. ASIAN PERFECT MARINE PTE. LTD., a.k.a. IRISL ASIA PTE. LTD.) (“ASIA MARINE”) in Singapore, defendant OASIS FREIGHT AGENCIES (a.k.a. OASIS FREIGHT AGENCIES LLC) (“OASIS FREIGHT”) in the UAE, and defendant IRINVESTSHIP LTD. (“IRINVESTSHIP”) in the UK.