Tanker Pacific

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"Secretary of State Hillary Rodham Clinton has decided to impose sanctions on seven companies under the Iran Sanctions Act (ISA) of 1996, as amended by the Comprehensive Iran Sanctions, Accountability, and Divestment Act (CISADA) of 2010, for their activities in support of Iran's energy sector. These companies are PCCI (Jersey/Iran), Royal Oyster Group (UAE), Speedy Ship (UAE/Iran), Tanker Pacific (Singapore), Ofer Brothers Group (Israel), Associated Shipbroking (Monaco), and Petróleos de Venezuela (PDVSA) (Venezuela)."

"The companies — Singapore's Tanker Pacific Management, Monaco's Société Anonyme Monégasque D'Administration Maritime Et Aérienne and Liberia's Allvale Maritime Inc. — had been involved in a 2010 transaction that provided a tanker worth $8.65 million to Iran's state shipping line, a deal that violated the Iran Sanctions Act." (Associated Press, "US Ends Iran-Related Sanctions on 3 Maritime Firms," 4/12/2013) (http://bigstory.ap.org/article/us-ends-iran-related-sanctions-3-maritime-firms)

"Tanker Pacific (Singapore), Ofer Brothers Group (Israel), and Associated Shipbroking (Monaco): These companies are being sanctioned for their respective roles in a September 2010 transaction that provided a tanker valued at $8.65 million to the Islamic Republic of Iran Shipping Lines (IRISL), an entity that has been designated by the United States, and the European Union for its role in supporting Iran's proliferation activities.