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Troubled Waters: An Update on Iran's Sanctioned State Shipping Line
Nearly four years after the United States first sanctioned the Islamic Republic of Iran Shipping Lines (IRISL) and its fleet, the company appears to be struggling to stay afloat. IRISL has been scrambling in recent months, setting up new front companies, ...
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Smooth Sailing for Iran's Blacklisted Fleet
In September 2008, the United States blacklisted Iran's state shipping company and its fleet of 123 vessels because of the company's role in supplying Iran's weapon programs. Soon after, in an effort to evade this sanction, the company bega ...