U.S. hits 10 Firms for Links with Iran Shipping

December 20, 2011

Publication: 

Agence France-Presse

The United States sanctioned 10 Malta-based shipping and front companies and one individual for their links to Islamic Republic of Iran Shipping Lines (IRISL). U.S. Treasury Department official David Cohen stated that the shippers are accused of "involvement in Iran's efforts to advance its missile programs and transport military cargoes," and of trying to skirt sanctions via front companies.