China CSSC Holdings Ltd

In 2011, China CSSC was added to the Pennsylvania Treasury's List of Scrutinized Companies Determined as Having Involvement in Iran because of oil-related investment of US $20 million since 1996. (https://www.patreasury.gov/pdf/divestment/2014-Annual-Divestment-Report-print.pdf)

"Under a $1.2 billion contract, Waigaoqiao Shipbuilding Co Ltd, a unit of China CSSC Holdings Ltd, and Dalian Shipbuilding Industry Co. Ltd plan to deliver 12 supertankers by the end of 2013 to NITC, which would boost the capacity of its fleet by nearly 40 percent to around 86 million barrels." (Reuters, "China delivers first of new Iranian oil tankers," 9/27/2012) (http://articles.chicagotribune.com/2012-09-27/news/sns-rt-iran-tankersl4e8kr48x-20120927_1_national-iranian-tanker-nitc-islamic-revolutionary-guard)

In 2017, the U.S. states of North Carolina and Pennsylvania listed China CSSC on its state list of Companies Doing Business with the Iranian  rendering China CSSC ineligible for investment and/or state contracting. (https://www.nctreasurer.com/inside-the-department/OpenGovernment/Reports/Divestment%20-%202017-08-30%20-%20Iran.pdf) (http://www.dgs.pa.gov/Documents/Procurement%20Forms/ProposedIranFreeProcurementList.pdf)

In 2018 China CSSC was removed from Pennsylvania Treasury's List of Scrutinized Companies Determined as Having Involvement In Iran because "there is no recent evidence that indicates that the company meets criteria."